Is West Tehama, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, West Tehama was a Seller's Market.
Housing Prices in West Tehama, CA
How much do homes in West Tehama, CA cost?
Median Sold Price
$505,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in West Tehama was $505,000 in June 2024, up 46.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $175K | N/A |
2 Bedrooms | $184.5K | $468.7K | +154.0% |
3 Bedrooms | $314.9K | $405K | +28.6% |
4 Bedrooms | $466K | $647.5K | +38.9% |
5+ Bedrooms | $875K | $685K | -21.7% |
Summary: West Tehama housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 154%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes decreased by 21.7%.
Median Sold Price Compared To Nearby Cities
West Tehama | $344.9K | $505K | +46.4% |
Cottonwood | $361.3K | $370K | +2.4% |
Housing Supply in West Tehama, CA
How many homes are available in West Tehama, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The West Tehama real estate market had 20 homes for sale in June 2024, a 5.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Tehama housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in West Tehama in June 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Tehama, CA
How long does it take to sell a home in West Tehama, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
90 Days | 66 Days | -26.3% |
Summary: Homes in West Tehama had an average of 66 days on market in Jun 2024, down by 26.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 2 homes were sold in West Tehama; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.