Redding CA - Mary Lake YTD Market Report 2011
Redding's Westside Community of Mary Lake remains to be one of Redding's most popular communities with a lovely lake and walking trails that offer the opportunity to enjoy Living The Shasta Lifestyle!
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10 Minutes and 12.01 miles from the Redding Airport,
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7 Minutes and 2.96 miles from Mercy Hospital,
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7 Minutes and 2.99 miles from Downtown Redding,
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9 Minutes and 4.30 miles from Turtle Bay Exploration Park,
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7 Minutes and 3.00 miles to the Cascade Theatre, and
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9 Minutes and 4.66 miles to the Redding Convention Center.
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1 Hour and 3 Minutes and 61.30 miles from Mount Shasta.
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2 Hours and 28 Minutes and 161.76 miles from Sacramento, CA
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2 Hours and 55 Minutes and 147.99 miles from Eureka, CA.
Here are the city of Redding and Shasta County demographics and links to the many things available here in Shasta County, California. Living the Shasta Lifestyle is an artful way of life.
Shasta County, Land area is 3,785.2 square miles, Density 47.4 people per square mile, versus California Density at 217.2 people per square mile. Population (2006 estimate): 179,951. House Hold Income: Median $37,696, Persons below poverty is 13.4% and Home ownership rate is 66.1%. Education: High School graduates: 83.3% of adults 25 and up. Bachelor's degree is 16.6% of adults 25+.
Redding, population is 90,033 (in 2000), incorporated in 1887. Average temperature in January is 55 and average July temperature is 98. Here are all the Informational Links for Recreation and County and City Resources.
Redding CA - Mary Lake YTD Market Report 2011
SOLD--In 2011, Mary Lake Sold 15 homes with a average per square foot size of 1,708 and at a per square foot price of $118.47. Days on Market were averaged at 108. Of the 15 homes sold, 7 where Normal Sales, 6 were REOs (Real Estate Owned - Foreclosure Homes) and 2 were Short Sales. The price range for these 15 homes was $165,000 - $317,500.
PENDING--At the end of 2011, there are no Pending Sales. Distressed Properties will be below current market value and continue to pull prices down.
ACTIVE--There were 4 Active Listings at the end of 2011. The homes are all normal sales and range in price from List Price from $207,000 to $304,900 with an average square foot size of 1,752 and a average square foot list price of $142.47.
Note: With the Median Sold price in 2009 being $235,000, 2010 being $219,450 and 2011 being $195,000, we see further decline in 2011. Good prices and continued record low interest rates bring good opportunity for Buyers in this market. It would be premature to say that we are seeing the market begin to turn towards some growth. With the shadow inventory of foreclosed home (REOs) still in the inventory, we will not see a healthy market until this issue has been dealt with.
What we do see is the overall effect of low interest rates helping to keep the market moving and giving Buyers the opportunity to buy at very good prices. Pricing well in this market remains critical.
I am Jeanean Gendron, your Redding and Shasta County Specialist. You can reach me at 530 276-7417. I answer my phone I hold the Certified Investment Agent Specialist, CIAS designation. I have taken special training so that I may help my clients in all their Real Estate Investment needs.
I am HAFA Certified!
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Visit my main real estate website that provides you with the ability to Search the MLS and to set up an account so that you can save searches and select favorite properties. I also have many saved searches for you to take advantage of. There are saved City Searches and Community Searches. We also save Foreclosure Listings and Short Sale Listings.
Visit and learn more about The Shasta Lifestyle and the experience of living here in Shasta County.
Here are my blog sites:
Good morning Jeanean. You did an outstanding job of getting your area's attention and needless to say Google will love this market report. I really like the way you add the distance to area business's and locations that are probably used a lot. Very good report my friend.
Jeanean
Thanks for sharing the information for Redding California.
Good luck and success.
Lou Ludwig
Hello John, these market reports have evolved over time. I did a revamp for them and now I am more excited about doing them. Thanks for the visit and the encouragement. Hope you are off to a great New Year, my friend. Very nice to have you back resident in the RAIN!
Lou, thanks for the visit and for commenting. Have a great day!
Jeanean what a lot of great information for someone looking to relocate to this area!
Jeanean,
I really like the comprehensive report you did in your area. This is clear and informative. A