Patterson Ca Home Sales - May 2014
The sales figures for Patterson Ca for May 2014 are in. The totals below are for single family homes sold in Patterson.
Totals for May 2014:
- 24 Total Sales
- 0 Bank Owned Sales (0% of all sales)
- 1 Short Sales (4% of all sales)
- 4% of all sales are distressed property sales
- Median price $257,500
- Average days on Market 69
Totals for May 2013:
- 26 Total Sales
- 3 Bank Owned Sales (11% of all sales)
- 7 Short Sales (27% of all sales)
- 38% of all sales are distressed property sales
- Median price $219,750
- Average days on Market 20
The lowest price home sold in Patterson during May 2014 was $169,950.
The highest price home sold in Patterson during May 2014 was $890,000.
Distressed sales are way down and at their lowest levels in a long time. We are seeing more and more "traditional sales" and a larger inventory of available homes. The number of days on the market jumped up quite a bit this month. We'll see if this is a trend or just a fluke for this month.
If you are thinking about buying a home in Patterson Ca now is a great time. There are currently 88 homes available in Patterson listed from $50,000 up to $779,500. The amount of homes available went up a bit again this month. With the low amount of sales this month and the amount of homes now on the market this could cause prices to start to level out.
Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Patterson Homes for sale here too.
Patterson Ca Home Sales March 2014
Patterson Ca Home Sales February 2014
Patterson Ca Home Sales January 2014
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