Stanislaus County Home Sales for March 2012 - MODESTO
The sales figures for Modesto California for March 2012 are in. The totals below are for single family homes sold in Modesto.
Total Sales - 245 (238 sold in March 2011)
Bank owned Sales - 97 which was 40% of all sales.
Short Sales - 69 which was 28% of all sales
Overall, distressed sales (Bank owned and short sales) made up 68% of all sales.
The lowest price home sold in Modesto during March 2012 was $32,000.
The highest price home sold in Modesto during March 2012 was $525,500
The median home price in Modesto during March 2012 was $115,000
The average days on the market was 61.
As you can see the volume of home sales in Modesto in March 2012 was slightly higher than last year. Distressed sales are still the majority of sales and holding steady. We are seeing a few more "traditional sales" and more investors are getting into the market.
If you are thinking about buying a home in Modesto now is a great time. Prices are better than they have been in a long time and interest rates are at all time lows. There are currently 296 homes for sale in Modesto listed from $30,000 up to $1,795,000. The inventory of available homes is also going down. Almost 100 less than last month. Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Modesto Homes for sale here too.
Home sales for Modesto Ca February 2012
Home sales for Modesto Ca January 2012
Home sales for Modesto Ca December 2011
Home sales for Modesto Ca November 2011
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