Is Central Shasta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Central Shasta was a Neutral Market.
Key Takeaway
Central Shasta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Shasta, CA
How much do homes in Central Shasta, CA cost?
Median Sold Price
$347,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central Shasta have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Central Shasta was $347,500 in April 2024, down 0.7% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119.9K | $176.3K | +47.1% |
| 2 Bedrooms | $265K | $270K | +1.9% |
| 3 Bedrooms | $374K | $342K | -8.6% |
| 4 Bedrooms | $575K | $599K | +4.2% |
| 5+ Bedrooms | $632K | $952.5K | +50.7% |
Summary: Central Shasta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.1%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 50.7%.
Housing Supply in Central Shasta, CA
How many homes are available in Central Shasta, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 84 | 105 | +25.0% |
Summary: The Central Shasta real estate market had 105 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 13 | 23 | +76.9% |
| 3 Bedrooms | 49 | 53 | +8.2% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Central Shasta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 76.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 20 | +122.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Shasta, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Central Shasta in April 2024, up by 122.2% month-over-month. Of the 20 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Central Shasta, CA
How long does it take to sell a home in Central Shasta, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 129 Days | +77.8% |
Summary: Homes in Central Shasta had an average of 129 days on market in Apr 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Central Shasta are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 20 homes were sold in Central Shasta; 10% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 55% 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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