Is West Tehama, 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, West Tehama was a Seller's Market.
Housing Prices in West Tehama, CA
How much do homes in West Tehama, CA cost?
Median Sold Price
$477,500
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Tehama was $477,500 in May 2024, up 34.5% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $175K | N/A |
2 Bedrooms | $184K | $387.5K | +110.6% |
3 Bedrooms | $314.9K | $424.9K | +34.9% |
4 Bedrooms | $466K | $645K | +38.4% |
5+ Bedrooms | - | $865K | N/A |
Summary: West Tehama housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 110.6%, 3 bedroom homes increased by 34.9%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
West Tehama | $355K | $477.5K | +34.5% |
Cottonwood | $357K | $375K | +5.0% |
Housing Supply in West Tehama, CA
How many homes are available in West Tehama, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The West Tehama real estate market had 18 homes for sale in May 2024, a 5.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Tehama housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Tehama in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Tehama, CA
How long does it take to sell a home in West Tehama, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 52 Days | -46.8% |
Summary: Homes in West Tehama had an average of 52 days on market in May 2024, down by 46.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in West Tehama; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.