Stanislaus County Home Sales - August 2012 -Patterson Ca -
The sales figures for Patterson Ca for August 2012 are in. The totals below are for single family homes sold in Patterson.
Total Sales - 27 (31 Homes sold in August 2011)
Bank owned Sales - 11 which was 41% of all sales.
Short Sales - 6 which was 22% of all sales
Overall, distressed sales (Bank owned and short sales) made up 63% of all sales.
The lowest price home sold in Patterson during August 2012 was $91,000.
The highest price home sold in Patterson during August 2012 was $243,888
The median home price in Patterson during August 2012 was $150,000
The average days on the market was 41.
As you can see the volume of home sales in Patterson in August2012 was down slightly from last year. The number of Bank Owned Sales was once again back on top of the number of short sales. 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 19 homes available in Patterson listed from $50,000 up to $260,000. 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.