$3,147 Closing Credit*
$265,000
1,746 SqFt
2 Beds
•1 Full Bath
Sherry L Rynearson, Listing Office: eXp Realty of California, Inc.
Is East Shasta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Shasta was a Buyer's Market.
Key Takeaway
East Shasta is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Shasta, CA
How much do homes in East Shasta, CA cost?
Median Sold Price
$225,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,000(-9.6%)
Key Takeaway
Homes in East Shasta have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in East Shasta was $225,000 in October 2024, down 9.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.5K | $135.5K | -27.7% |
| 2 Bedrooms | $201K | $177.5K | -11.7% |
| 3 Bedrooms | $260.5K | $233.4K | -10.4% |
| 4 Bedrooms | $408K | $420K | +2.9% |
| 5+ Bedrooms | $310K | $351.5K | +13.4% |
Summary: East Shasta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.7%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Cities
| East Shasta | $249K | $225K | -9.6% |
| Burney | $221.4K | $199.5K | -9.9% |
Housing Supply in East Shasta, CA
How many homes are available in East Shasta, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 56 | +3.7% |
Summary: The East Shasta real estate market had 56 homes for sale in October 2024, a 3.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 35 | 36 | +2.9% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The East Shasta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Shasta, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in East Shasta in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for East Shasta, CA
How long does it take to sell a home in East Shasta, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 94 Days | +42.5% |
Summary: Homes in East Shasta had an average of 94 days on market in Oct 2024, up by 42.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Shasta are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in East Shasta; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. 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. Properties may or may not be listed by the office/agent presenting the information. 
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. 
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved.