$4,750 Closing Credit*
$400,000
1,406 SqFt
3 Beds
•2 Full Baths
Jared A Chaffin, Listing Office: Relevant Real Estate
Is Dana Drive / Northeast Redding, 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, Dana Drive / Northeast Redding has remained a Seller's Market.
Key Takeaway
Dana Drive / Northeast Redding is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dana Drive / Northeast Redding, CA
How much do homes in Dana Drive / Northeast Redding, CA cost?
Median Sold Price
$385,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.5%)
Key Takeaway
Homes in Dana Drive / Northeast Redding have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Dana Drive / Northeast Redding was $385,000 in October 2024, down 2.5% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $367K | $385.8K | +5.1% |
| 3 Bedrooms | $376.9K | $370K | -1.8% |
| 4 Bedrooms | $452K | $408K | -9.7% |
| 5+ Bedrooms | $545K | $515K | -5.5% |
Summary: Dana Drive / Northeast Redding housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Dana Drive / Northeast Redding, CA
How many homes are available in Dana Drive / Northeast Redding, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 47 | +2.2% |
Summary: The Dana Drive / Northeast Redding real estate market had 47 homes for sale in October 2024, a 2.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Dana Drive / Northeast Redding 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 16.7%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dana Drive / Northeast Redding, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Dana Drive / Northeast Redding in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 47% were sold under asking, 47% were sold at asking, and 7% were sold over asking.
Days on Market for Dana Drive / Northeast Redding, CA
How long does it take to sell a home in Dana Drive / Northeast Redding, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 50 Days | -29.2% |
Summary: Homes in Dana Drive / Northeast Redding had an average of 50 days on market in Oct 2024, down by 29.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dana Drive / Northeast Redding has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Dana Drive / Northeast Redding; 20% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 7% 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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