Redding CA - Year By Year Comparison and Market Report--It is always helpful to look across yearly data and compare the trending data for your market. Today we are taking a look at the City of Redding, CA and how prices have trended since 2003.
History provides us a bit of a better perspective on how the market is doing and provides a base for understanding the current trending market.
If we look closely, we can see that we are approaching being back to 2003 market prices. It remains a bit early to feel solid about 2010. With tax incentives and efforts to keep interest rates low, we have seen an increase in market activity.

This data is from the Shasta MLS and believed to be accurate, but is not guaranteed.
I am Jeanean Gendron your Redding and Shasta County Specialist. You can reach me at 530 276-7417.
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Your statistics for Redding California are very interesting. I like comparing our area to other cities.
Our bottom was May 2009 and we have been trending up since. It's surely leading out into other areas nearby. In San Ramon our inventory is just over 1 month.
Team Honeycutt, it does alway result in a positive perspective to know what's up with all markets that we encounter. We cannot know all markets, but benefit by being aware of data in markets that are presented. Thanks for the visit!
Hey, Vickie! We are a bit too early to say we've hit bottom and are expecting appreciation. That would be welcome news. The Bay Area will always be an early market trend and present to us the coming indicators. Thanks for coming in on this post! I always like to hear from you!