Redding Real Estate Update 10/27/2010

Residential Market Statistics

Active Listings: 1,504 (from 1,523 last week, 1,535 two weeks ago, 1,547 three weeks ago)

Pending Listings: 425 (from 427 last week, 424 two weeks ago, 422 three weeks ago)

Total Closed Escrows in 2010: 1,670

Closed so far in October: 126

Sept: 187   Aug: 162    July: 168     June: 201      May: 182     April: 173     March: 187     Feb: 125     Jan: 117

Total Closed Escrows in 2009: 2,065

Total Active Repo/REO’s: 253 this week, 259 last week, 263 two weeks ago

Total Active Short Sales: 233 this week, 235 last week, 239 two weeks ago

For more information on the current real estate market in Redding, California or its surrounding areas including a free MLS search including REPO/REO/foreclosure properties visit http://www.sellingredding.com or call Clint or Mindy Cronic at 530.227.0345.  Next Generation Real Estate Services, DRE License #s 01314114 and 01458166.

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