Redding Real Estate Market Update 9/3/08

Image of houseResidential Listings:  There are currently 1877 active listings and another 368 listings that are pending (in escrow).  Last week there were 1893 active listings with another 376 in escrow which was up from 1,702 active listings 3 months ago! 

     Historical Data for Closed (Sold) MLS Listings in Shasta County

  • 163 closed escrows in April 2008
  • 182 closed escrows in May 2008
  • 151 closed escrows in June 2008
  • 169 closed escrows in July 2008
  • 186 closed escrows in August 2008
  • So far in September 2008 there have been 2 closed escrows. 

Overall statistic for the year 2007: there were 2,140 listings that sold (closed escrow) and were recorded in the MLS database.  So far in 2008 we have had 1250 listings that have closed escrow. 

Click Here to search the entire Shasta MLS!

Are you thinking of selling your home?  Before selecting your agent make sure that they know where the market is going, where it has been and how they can help you to SELL your home, not just LIST it!  Contact Clint and Mindy Cronic at Real Estate Professionals, GMAC today at 530.227.0345 for more information on how our agressive marketing strategy can SELL your home!