Patterson Ca Home Sales - January 2015
The sales figures for Patterson Ca for January 2015 are in. The totals below are for single family homes sold in Patterson.
Totals for January 2015:
- 20 Total Sales
- 0 Bank Owned Sales (0% of all sales)
- 0 Short Sales (0% of all sales)
- 0% of all sales are distressed property sales
- Median price $272,450
- Average days on Market 53
Totals for January 2014:
- 26 Total Sales
- 3 Bank Owned Sales (11% of all sales)
- 2 Short Sales (8% of all sales)
- 19% of all sales are distressed property sales
- Median price $229,500
-
Average days on Market 39
There are currently 48 Properties that are Pending/Under Contract in Patterson.
The lowest price home sold in Patterson during January 2015 was $190,000.
The highest price home sold in Patterson during January 2015 was $865,000.
There where no distressed sales this month, that is great news. This is quite a bit better than just a few short years ago when nearly 90% of all sales were distressed sales. The median price took a big jump this month.
The number of homes on the market has risen to just over a 3 month supply. This is a good thing for both buyers and sellers in my opinion. Good for sellers in that prices should remain where they are and not start falling. The inventory is not so high that it will cause prices to start falling. Good for buyers in that there should be less competition for each home. It wasn't too long ago that buyers were having to deal with multiple offers on nearly every listing.
If you are thinking about buying a home in Patterson Ca now is a great time. There are currently 61 homes available in Patterson listed from $140,000 up to $2,600,000.
Give me a call at 209-633-2839 and I can help you find the right house for you.
Patterson Ca Home Sales December 2014
Patterson Ca Home Sales November 2014
Patterson Ca Home Sales October 2014
Patterson Ca Home Sales September 2014
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