Modesto Ca Home Sales - March 2013
The sales figures for Modesto California for March 2013 are in. The totals below are for single family homes sold in Modesto.
Totals for March 2013:
- 239 Total Sales
- 19 Bank Owned Sales (8% of all sales)
- 63 Short Sales (26% of all sales)
- 34% of all sales are distressed property sales
- Median price $149,950
- Average days on Market 34
Totals for March2012:
- 303 Total Sales
- 130 Bank Owned Sales (43% of all sales)
- 82 Short Sales (27% of all sales)
- 70% of all sales are distressed property sales
- Median price $121,500
- Average days on Market 59
The lowest price home sold in Modesto during March 2013 was $20,000.
The highest price home sold in Modesto during March 2013 was $1,175,000
The number of distressed sales (short sales and bank owned sales) fell again this month. This is the lowest level that we have seen in a very long time. The average days on the market also fell considerably this month. We are also experiencing rising prices as show by the year to year median price.
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 187 homes for sale in Modesto listed from $39,900 up to $2,500,000. The inventory of available homes is also going down. Give me, Jim Patton, 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 2013
Home sales for Modesto Ca January 2013
Home sales for Modesto Ca December 2012
Home sales for Modesto Ca November 2012
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