Is Southwest Shasta, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Shasta is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Southwest Shasta has remained a Buyer's Market.

Key Takeaway

Southwest Shasta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Southwest Shasta, CA

How much do homes in Southwest Shasta, CA cost?

Median Sold Price

$443,000

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,000(+4.2%)

Key Takeaway

Homes in Southwest Shasta have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Southwest Shasta was $443,000 in November 2024, up 4.2% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$164.7K
N/A
2 $199K$307.4K
+54.5%
3 $397.5K$425K
+6.9%
4 $712K$625K
-12.2%
5+ $645K$478K
-25.9%

Summary: Southwest Shasta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 25.9%.

Housing Supply in Southwest Shasta, CA

How many homes are available in Southwest Shasta, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
17170.0%

Summary: The Southwest Shasta real estate market had 17 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 76
-14.3%
4 77
0.0%
5+ 02
+100.0%

Summary: The Southwest Shasta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Shasta, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Southwest Shasta in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Southwest Shasta, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
99 Days97 Days-1.5%

Summary: Homes in Southwest Shasta had an average of 97 days on market in Nov 2024, down by 1.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Southwest Shasta has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Southwest Shasta; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

Newest Listings in Southwest Shasta, CA

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