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New Homes are still selling in Lodi or San Joaquin County, California: 11/28/10

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Real Estate Agent with The Nines Team at Keller Williams in Lodi BRE# 01390564

The Nines Team in Lodi

New Homes are still selling in Lodi or San Joaquin County, California: 11/28/10

 

New homes sales in both Stockton and Manteca lead the pack this week; Stockton also performed strong as the result of new product releases.  Caution and an optimistic look forward at the whole market highlight this week’s economic review..  The numbers are still showing some minor strength across the board.

new home sales in Lodi Ca

 

The following information has been extracted from New Homes Sales and Marketing reporting companies and on-site visits for the week ending 11/28/10:

Focus on Stockton: Total Projects Reporting: 4: Traffic: 24; Sales: 4: Cancellations: 0; Net Sales: 4; YTD Sales: 91

San Joaquin County              Total Projects Reporting:  26; Traffic: 233; Sales: 11; Cancellations: 1; Net Sales: 10; YTD Sales: 571

Lathrop reporting 3 projects: 0 new releases, 13 in available inventory;

Linden reporting 1 project: 0 new releases, 2 in available inventory;

Lodi reporting 0 projects: no other information available

Manteca reporting 13 projects; 0 new releases, 58 in available inventory;

Mountain House reporting 4 projects: 0 new releases, 13 in available inventory;

Stockton reporting 4 projects: 0 new releases, 33 in available inventory;

Tracy reporting 1 project: 0 new releases, 5 in available inventory;

New Homes purchase is just one option for home ownership.  If you have an interest in seeing any of the new construction projects in San Joaquin County, please call The Nines Team and let us schedule a showing for you:  888-868-4398

If you would like to search for current listings on MLS, please click here.

 

The Nines Team in Lodi

 

 

Heidi Hovatter
Century 21 Wildwood - Copperopolis, CA
Heidi The Home Hunter

It is great the homes, especially new homes are selling in your area.  I know they have been hit hard in the last few years.

Dec 20, 2010 12:37 PM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Heidi - We had a lot of development in the 2003-2006 years - so much of that inventory is in distress.  Until we absorb it ... new construction will be slow.  BUT, at least we are still selling some!

Dec 20, 2010 12:42 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Stockton and Manteca are really looking good.

Hope the rest of them look the same way in short order.

Dec 22, 2010 01:13 PM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Judi - every little bit helps.  While we do not have subdivisions moving in Lodi yet, we are starting to see a little more customer work being done.  I'm going to see if I can figure out a way to quanitfy them for this report!

Dec 22, 2010 02:05 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

You must have been a statistics student in college.  While I enjoyed stats, never set the curve in the course or anything like that!

Dec 23, 2010 09:33 AM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Judi - The problem with statistics is two fold: 1) you can get buried in them; and 2) If you have a pre-conceived idea, the stats tend to support your idea rather than being completely objective.  So, if you have a particular issue you want to market to, you can "stack the deck" in your favor ... every time! 

Dec 23, 2010 09:51 AM
Susan Goulding
Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management - Tracy, CA
Northern CA - Tracy & Mountain House Real Estate

Want to do charts for me?  You're so good.  Yes in response to your comment above -- you can make stats say almost anything you want.  It's all how it's interrupted.

Dec 24, 2010 08:37 AM
Jack Mossman - The Nines Team at Keller Williams in Lodi
The Nines Team at Keller Williams in Lodi - Lodi, CA
The Nines Team in Lodi

Thanks Susan - and I'll show you how to make them - I use the software already in excel ... don't tell anyone, but it's easy!  Hope your holidays are merry!

Dec 25, 2010 10:17 AM