$111,000
2.36 Acres
Land
Kathy Grant, Listing Office: Vanguard Properties
Is Central Shasta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Central Shasta has remained a Buyer's Market.
Key Takeaway
Central Shasta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Shasta, CA
How much do homes in Central Shasta, CA cost?
Median Sold Price
$329,500
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,500(-4.5%)
Key Takeaway
Homes in Central Shasta have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Central Shasta was $329,500 in October 2024, down 4.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.2K | $202.5K | +15.5% |
| 2 Bedrooms | $264.9K | $270K | +1.9% |
| 3 Bedrooms | $360K | $329K | -8.6% |
| 4 Bedrooms | $625K | $457.5K | -26.8% |
| 5+ Bedrooms | $812K | $749.5K | -7.7% |
Summary: Central Shasta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in Central Shasta, CA
How many homes are available in Central Shasta, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 124 | 127 | +2.4% |
Summary: The Central Shasta real estate market had 127 homes for sale in October 2024, a 2.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 70 | 70 | 0.0% |
| 4 Bedrooms | 22 | 23 | +4.5% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Central Shasta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Shasta, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Central Shasta in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Central Shasta, CA
How long does it take to sell a home in Central Shasta, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 191 Days | 97 Days | -49.3% |
Summary: Homes in Central Shasta had an average of 97 days on market in Oct 2024, down by 49.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Central Shasta are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 9 homes were sold in Central Shasta; 22% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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