Is Shingletown, 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, Shingletown was a Seller's Market.
Key Takeaway
Shingletown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shingletown, CA
How much do homes in Shingletown, CA cost?
Median Sold Price
$316,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shingletown have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Shingletown was $316,500 in May 2024, down 4.1% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.9K | $171K | +80.2% |
| 2 Bedrooms | $269.5K | $270K | 0.2% |
| 3 Bedrooms | $375.5K | $331K | -11.9% |
| 4 Bedrooms | $385K | $490K | +27.3% |
| 5+ Bedrooms | - | $450K | N/A |
Summary: Shingletown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.2%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shingletown | $330K | $316.5K | -4.1% |
| East Tehama | $407.5K | $325K | -20.2% |
Housing Supply in Shingletown, CA
How many homes are available in Shingletown, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 70 | +22.8% |
Summary: The Shingletown real estate market had 70 homes for sale in May 2024, a 22.8% 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 | 17 | 19 | +11.8% |
| 3 Bedrooms | 31 | 37 | +19.4% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Shingletown 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 increased by 11.8%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shingletown, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Shingletown in May 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Shingletown, CA
How long does it take to sell a home in Shingletown, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 67 Days | 73 Days | +9.6% |
Summary: Homes in Shingletown had an average of 73 days on market in May 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shingletown has remained consistent over time.
Summary: During May 2024, 7 homes were sold in Shingletown; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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.