Is Shingletown, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shingletown is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shingletown was a Seller's Market.

Key Takeaway

Shingletown 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 Shingletown, CA

How much do homes in Shingletown, CA cost?

Median Sold Price

$316,500

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,500(-4.1%)

Key Takeaway

Homes in Shingletown have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Shingletown was $316,500 in November 2024, down 4.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $171K$197.5K
+15.5%
2 $306K$270K
-11.8%
3 $345K$329K
-4.6%
4 $405K$580K
+43.2%
5+ -$514.5K
N/A

Summary: Shingletown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 43.2%, and 5+ bedroom homes did not change.

Housing Supply in Shingletown, CA

How many homes are available in Shingletown, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6777+14.9%

Summary: The Shingletown real estate market had 77 homes for sale in November 2024, a 14.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 1313
0.0%
3 3644
+22.2%
4 911
+22.2%
5+ 32
-33.3%

Summary: The Shingletown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shingletown, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Shingletown in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for Shingletown, CA

How long does it take to sell a home in Shingletown, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
109 Days173 Days+57.5%

Summary: Homes in Shingletown had an average of 173 days on market in Nov 2024, up by 57.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Shingletown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 11 homes were sold in Shingletown; 9% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 64% 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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