Redding Home Buyers are Out Now!

Each year, most Shasta County homeowners wait until the spring to sell their houses because they believe that they can get a better deal during the typical spring buyer’s market. However, recently released data suggests that a seller’s best deal may be available right now. The concept of ‘supply & demand’ reveals that the best price for an item will be realized when the supply of that item is low and the demand for that item is high. Let’s see how this applies to the current Redding real estate market.

SUPPLY
It is no secret that the supply of homes for sale in Redding has been far below the number needed for quite some time. A normal housing market requires six months of housing inventory to meet demand. Visit www.reddinghomes.com to see all homes for sale in Shasta County.

Supply is currently very low!!

DEMAND
Redding home buyer numbers have been high all year which shows us demand is very strong. The most recent Foot Traffic Report (which sheds light on the number of buyers out looking at homes) disclosed that there are more buyers right now than at any other time in the last twelve months. As you can see Shasta County Home Sales are up!

Shasta County Home Sales StatisticsDemand is currently very high!! 

Bottom Line
Waiting until the spring to list your house for sale made sense in the past. This year is different. The very best deal is probably available right now! Contact me to discuss your options 530-222-3800 or email josh@reddinghomes.com