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Ceres Ca Market Update - July 2022

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

Ceres Ca Market Update - July 2022

What's my Ceres Ca home worth?

Have you been wondering: What's my Ceres Ca home worth?  Here are some numbers that might help answer that question.  The sales figures for Ceres Ca for July 2022 are in.  The totals below are for single family homes sold in Ceres.

July

# of sales

Median Sale Price

Average % of List Price

Avg. Days on Market

Average # of Offers

2021

28

$407,500

103.22%

9

4.3

2022

15

$425,000

99.39%

15

2.1

The lowest price home sold in Ceres during July 2022 was $355,000.   

The highest price home sold in Ceres during July 2022 was $1,157,000

The number of total sales for July 2022 was about half the number of sales in July 2021.  The median price was up over last year but down significantly from last month.  The number of days on the market in July 2022 was up compared to days on the market in July 2022.

The average number of offers received per listing in July 2022 was down more than half compared to July 2021. Even with rising interest rates there are still more buyers than available homes (for now).  Not every home in Ceres is selling for more than asking price (most are still pretty close) but it depends on how long the home was on the market. 

Homes listed for 30 days or less received 99.95% of list price on average.

Homes listed for 31 days or more sold for 98.83% of list price on average. 

There are currently only 36 homes listed (Active) for sale in Ceres Ca.  They range in prices from $330,000 for a 3/2 of 1167 square feet to $2,000,000 for an older three bedroom home with 15 acres of almond trees.  The available inventory has gone up again this month along with interest rates.  This could slow the rise in prices. 

There are currently 23 homes under contract (Pending) in Ceres Ca.  Up slightly from last month at this time.

If you are thinking about selling a home in Ceres Ca now is a GREAT time. With a still low inventory of available homes and lots of buyers still looking it's probably one of the best times ever to sell, BUT WE MAY BE AT THE TOP OF THE MARKET! Give me a call or text at 209-404-0816 and let's talk about selling your home now!  If you want to know what your Ceres Ca home is worth you can call or text me anytime at 209.404.0816 or email me at Jim@JPPRealestate.com.

Ceres Ca Market Update June 2022

Ceres Ca Market Update May 2022

Ceres Ca Market Update April 2022

Ceres Ca Market Update March 2022

Ceres Ca Market Update February 2022

Ceres Ca Market Update January 2022

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!


Selling homes like yours
since 2004!

Jim Patton - Central Valley RealtorCall or Text: 209.404.0816
Email Me

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Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have a productive August.

Aug 04, 2022 07:14 AM
Jim Patton

Thanks Roy Kelley 

Aug 04, 2022 11:28 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim, thanks for sharing this market update for Ceres Ca, and definitely seeing a shift.

Aug 04, 2022 07:35 AM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you for the Ceres real estate market update.  I really like hearing what is going on in other markets.

Aug 04, 2022 07:53 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jim Patton and thank you for sharing your market report with us here in the Rain.  Make it a great day!

Aug 04, 2022 08:06 AM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Thanks Joan Cox are we going to start to see a "normal" market now???

Thanks for stopping by Ray Henson 

Thanks for taking the time to check it out Will Hamm 

Aug 04, 2022 11:30 AM
Joan Cox

It is starting to look that here in Denver!

Aug 04, 2022 11:51 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Ceres home buyers and sellers are sure to value your real estate market report, Jim.

Aug 04, 2022 06:12 PM