Over the last 30 days, a confirmed upward trend of new sellers coming into the Tehama market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. While new seller numbers were strong, the median sales price of homes sold came in at $145,000, which extended a price upswing to eight weeks.
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Tehama is a smaller-than-average city in California with 418 residents. Its population is also growing about even with others at a 10-year growth rate of 1.4%. Tehama is made up of homes that are considered relatively old with a median of 38 years. Topping the list of best schools in the city is Gerber Elementary School.
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The number of sellers who put their homes up for sale in the Tehama market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Tehama, coming in at $145,000.
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The Tehama market extended a six-week hot streak this week, even as sales remained flat at one home sold over the last 30 days. Pricing in Tehama remains consistent from last week to this week, with the median sales price at $145,000 again.
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The Tehama market showed positive signs this week and remained above its average as sales reached one home sold over the last 30 days. Within the same time frame, Chico had 104 sales, the most of all cities in the area. The median sales price climbed during this period, hitting a nine-month high at $145,000.
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No deals were completed in the Tehama market over the last 30 days. Tehama usually averages 0.2 sales per month. Even with the slow market, the median sales price has been increasing as it hit $0, extending a four-week long spike.
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$145K  
No deals were completed in the Tehama market over the last 30 days. Tehama usually averages 0.2 sales per month.
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$145K  
The population of Tehama is less affluent than average compared to others in California with a median income of $38,903 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 105.4. With a median age of 38 years, homes in Tehama tend to be relatively old. The top school in the city is Gerber Elementary School.
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$145K  
Sellers in Tehama weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Tehama usually averages 0.2 sales per month.
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$145K  
No deals were completed in the Tehama market over the last 30 days. Tehama usually averages 0.2 sales per month.
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