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Patterson Ca Home Sales - June 2016

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

Patterson Ca Home Sales -  June 2016

 

Patterson CA City Hall

 

The sales figures for Patterson Ca for June 2016 are in.  The totals below are for single family homes sold in Patterson.

 

Totals for June 2016:

  • 45 Total Sales
  • 2 Bank Owned Sales (4% of all sales)
  • 1 Short Sales  (2% of all sales)
  • 6% of all sales are distressed property sales
  • Median price $304,500
  • Average days on Market 26

 

Totals for June 2015:

  • 40 Total Sales
  • 1 Bank Owned Sales (3% of all sales)
  • 0 Short Sales  (0% of all sales)
  • 3% of all sales are distressed property sales
  • Median price $286,000
  • Average days on Market 26

There are currently 54 Properties that are Pending/Under Contract in Patterson.

 

The lowest price home sold in Patterson during June 2016 was $160,000.   

 

The highest price home sold in Patterson during June 2016 was $480,000.

 

Distressed sales were up sharply this month, I'll be keeping an eye on this to see if a trend is developing. Meanwhile the number of homes that sold was up a bit over last year and the median price jumped up.

 

The number of homes on the market is still pretty low as it has been for quite some time. With so few homes currently on the market it's a good time to sell your home, there's much less competition.

 

If you are thinking about buying a home in Patterson Ca now is a great time.  There are currently 39 homes available in Patterson listed from $165,000 up to $4,000,000

 

Whether you want to buy your new Patterson Ca home or sell your current Patterson Ca home Give me a call at 209-404-0816 and I can help you out!

Posted by

 

Jim Patton - Realtor
Aspire Home Real Estate
DRE# 01423125


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


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Jim Patton - Central Valley RealtorCall or Text: 209.404.0816
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Looks like distressed sales are a thing of the past in your area.  Great to see the recovery.

Jul 08, 2016 06:41 AM
Jim Patton

They are getting much rarer Belinda. That is a good thing.  Thanks for stopping by.

Jul 08, 2016 06:52 AM