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.
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
- 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 $975,000
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 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
Home sales for Modesto Ca March 2013
Home sales for Modesto Ca February 2013
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