Redding Real Estate Market Update 9/12/2012

By adminet • September 12th, 2012

This Week’s Redding Real Estate Update:

Residential Market Statistics

Active Listings: 764 (752 last week, 743 two weeks ago,  759 three weeks ago, 750 four weeks ago)

Pending Listings: 598 (618 last week, 635 two weeks ago, 650 three weeks ago, 631 four weeks ago)

Total Closed Escrows in 2012: 1,797

Sept: 39 Aug: 201 July: 229 June: 265  May: 218 Apr: 208 Mar: 212 Feb: 212  Jan: 195

Total Closed Escrows in 2011: 2,405

Dec: 192  Nov: 205 Oct: 192 Sept: 213 Aug: 228  July: 206  Jun: 223 May: 222  Apr: 189   March: 194   Feb: 131 Jan: 140

Total Closed Escrows in 2010: 2,088

Dec:181  Nov:155  Oct:179  Sept:187  Aug:162  July:168   Jun:201   May:182   Apr:173   Mar:187   Feb:125  Jan: 117

Total Closed Escrows in 2009: 2,065

Total Active Repo/REO’s: 97 (85 last week, 88 two weeks ago, 92 three weeks ago, 101 four weeks ago)

Total Pending Repo/REO’s: 89  (100 last week, 101 two weeks ago, 103 three weeks ago, 102 four weeks ago)

Total Active Short Sales: 49 (53 last week, 44 two weeks ago, 44 three weeks ago, 42 four weeks ago)

Total Pending Short Sales: 274 (273 last week, 275 two weeks ago, 280 three weeks ago, 273 four weeks ago)

For more information on the local Redding real estate market or to learn more about buying or selling a home visit http://www.myreddingrealestate.com or call Next Generation Real Estate Services at 530.222.4227. DRE license # 01314114.

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