Is Red Bluff, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Red Bluff has remained a Seller's Market.
Housing Prices in Red Bluff, CA
How much do homes in Red Bluff, CA cost?
Median Sold Price
$355,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Red Bluff was $355,000 in March 2024, up 15.6% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $130K | N/A |
2 Bedrooms | $242K | $262.2K | +8.4% |
3 Bedrooms | $310.5K | $359K | +15.6% |
4 Bedrooms | $439.9K | $401K | -8.8% |
5+ Bedrooms | $420K | $602.5K | +43.5% |
Summary: Red Bluff housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 43.5%.
Housing Supply in Red Bluff, CA
How many homes are available in Red Bluff, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 77 | +28.3% |
Summary: The Red Bluff real estate market had 77 homes for sale in March 2024, a 28.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 29 | 40 | +37.9% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Red Bluff housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 37.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 17 | +88.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Red Bluff in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.
Days on Market for Red Bluff, CA
How long does it take to sell a home in Red Bluff, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 136 Days | +67.4% |
Summary: Homes in Red Bluff had an average of 136 days on market in Mar 2024, up by 67.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Red Bluff; 24% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 59% of homes were sold over 90 days.