Is Central Shasta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Central Shasta was a Seller's Market.
Key Takeaway
Central Shasta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Shasta, CA
How much do homes in Central Shasta, CA cost?
Median Sold Price
$338,935
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Central Shasta have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Central Shasta was $338,935 in May 2024, down 3.2% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.9K | $176.3K | +85.9% |
| 2 Bedrooms | $264K | $270K | +2.3% |
| 3 Bedrooms | $377K | $331K | -12.2% |
| 4 Bedrooms | $575K | $562.5K | -2.2% |
| 5+ Bedrooms | $632K | $952.5K | +50.7% |
Summary: Central Shasta housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.9%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 2.2%, 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 103 | 120 | +16.5% |
Summary: The Central Shasta real estate market had 120 homes for sale in May 2024, a 16.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 23 | 23 | 0.0% |
| 3 Bedrooms | 52 | 63 | +21.2% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Central Shasta housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 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. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Central Shasta in May 2024, down by 36.4% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 118 Days | 72 Days | -38.9% |
Summary: Homes in Central Shasta had an average of 72 days on market in May 2024, down by 38.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Central Shasta has remained consistent over time.
Summary: During May 2024, 14 homes were sold in Central Shasta; 14% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 21% 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.