$639,900
2,429 SqFt
4 Beds
•3 Full Baths
Drew Wahlund, Listing Office: Wahlund & Co. Realty Group
November 2024
Report Updated 17 Days Ago
Is Redding, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Redding has remained a Seller's Market.
How much do homes in Redding, CA cost?
$394,989
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Redding was $394,989 in November 2024, up 0.7% from last year, and the median price per square foot was $247.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $197K | $202.7K | +2.9% |
2 Bedrooms | $280K | $265K | -5.3% |
3 Bedrooms | $375.1K | $385.7K | +2.8% |
4 Bedrooms | $489.5K | $511.5K | +4.5% |
5+ Bedrooms | $596.7K | $608K | +1.9% |
Summary: Redding housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 1.9%.
Shasta Lake | $289.9K | $302.5K | +4.3% |
Palo Cedro | $557.5K | $564.9K | +1.3% |
Redding | $392.3K | $394.9K | +0.7% |
How many homes are available in Redding, CA?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
475 | 445 | -6.3% |
Summary: The Redding real estate market had 445 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 51 | 48 | -5.9% |
3 Bedrooms | 282 | 255 | -9.6% |
4 Bedrooms | 116 | 117 | +0.9% |
5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The Redding housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 12%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
107 | 81 | -24.3% |
42 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Redding in November 2024, down by 24.3% month-over-month. Of the 81 sold homes, 52% were sold under asking, 23% were sold at asking, and 25% were sold over asking.
How long does it take to sell a home in Redding, CA?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
80 Days | 76 Days | -5.5% |
Summary: Homes in Redding had an average of 76 days on market in Nov 2024, down by 5.5% compared to last year.
6 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During November 2024, 81 homes were sold in Redding; 7% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 17 Days Ago
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Based on information from Shasta MLS, and California Regional MLS for the period 12/01/2022 - 12/01/2024
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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