Stanislaus County Home Sales - July 2012 -Patterson Ca -
The sales figures for Patterson Ca for July 2012 are in. The totals below are for single family homes sold in Patterson.
Total Sales - 28 (40 Homes sold in July 2011)
Bank owned Sales - 6 which was 21% of all sales.
Short Sales - 10 which was 36% of all sales
Overall, distressed sales (Bank owned and short sales) made up 57% of all sales.
The lowest price home sold in Patterson during July 2012 was $35,000.
The highest price home sold in Patterson during July 2012 was $235,100
The median home price in Patterson during July 2012 was $159,900
The average days on the market was 47.
As you can see the volume of home sales in Patterson in July2012 was down significantly from last year. For the second month in a row the number of short sales surpassed the number of bank owned home sales (just barely). Distressed sales are still the majority of sales. 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 Patterson Ca 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 25 homes available in Patterson listed from $50,000 up to $259,950. Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Patterson Homes for sale here too.
Patterson Ca Home Sales June 2012
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