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Modesto Ca Home Sales - June 2013

By
Real Estate Agent with Aspire Home Real Estate 209-404-0816 DRE #01423125

Modesto Ca Home Sales  - June 2013

 

The sales figures for Modesto California for June 2013 are in.  The totals below are for single family homes sold in Modesto.

 

 City of Modesto

 

 

Totals for June 2013:

  • 228 Total Sales
  • 20 Bank Owned Sales (9% of all sales)
  • 37 Short Sales  (16% of all sales)
  • 25% of all sales are distressed property sales
  • Median price $175,000
    Lowest price home sold in Modesto for June 2013
  • Average days on Market 22

 

Totals for June 2012

  • 315 Total Sales
  • 89 Bank Owned Sales (28% of all sales)
  • 103 Short Sales  (33% of all sales)
  • 61% of all sales are distressed property sales
  • Median price $128,500
  • Average days on Market 60

 

The lowest price home sold in Modesto during June 2013 was $40,000.   

 

The highest price home sold in Modesto during June 2013 was $975,000Highest price home sold in Modesto for June 2013

 

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 shown 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 246 homes for sale in Modesto listed from $50,000 up to $2,950,000. 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 May 2013

Home sales for Modesto Ca April 2013

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Home sales for Modesto Ca December 2012

Posted by

 

Jim Patton - Realtor
Aspire Home Real Estate
DRE# 01423125


Serving Stanislaus, Merced and San Joaquin Counties in California's Central Valley.


Are you thinking about buying or selling Central Valley Real Estate?  Let's Talk!


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Jim Patton - Central Valley RealtorCall or Text: 209.404.0816
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Comments (2)

Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Good to see the distressed sales going down. Twenty five percent of the market is still a lot, but a whole lot better than 61%!

Jul 02, 2013 04:25 AM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Than at one time is was 80% so 25% is looking really good.

Jul 02, 2013 04:33 AM