There are currently 1536 single family homes listed for sale in the Shasta MLS.

The total single family sales in June of 2009 were 189 units. Of those, 50 were bank foreclosure properties.

The average sale price of bank owned properties was $162,157 in June 2009. The average overall sales price for the same period was $212,107 with an average of 123 days on the market.

The total single family sales in June of 2008 were 153 units. Of those, 49 were bank foreclosure properties.

The average sale price of bank owned properties was $183,789 last in June 2008. The average overall sales price for the same period was $261,236 with an average of 140 days on the market.

It looks like prices fell approximately 20 percent overall in the year over year analysis. Prices are still falling and interest rates are rising a bit. We will be seeing more foreclosure activity hitting the market in the coming months. This will keep prices down and the ability to find affordable properties for first time buyers will continue to be favorable. Loans continue to be had by those with good credit scores. If you would like to review your particular situation whether buying or selling, please give me a call or a quick email. I would be happy to hear from you.