Anybody who has been paying attention to the Real Estate market is aware that prices are rising, which as we all know is great for the economy. Prices are rising in South Stockton, however, the prices for homes for sale are still affordable. This is great news for First-Time Homebuyers, who feel that they are being etched out of the Real Estate Market. On Thursday, July 31st, I will be hosting a FREE Homebuyers Club Workshop that will cover available Downpayment Assistant Programs to assist with homebuying cost. We will also go over the homebuying process. Click here to register for our July Homebuying Workshop.
In South Stockton, the median home price is $142,000 with homes staying on the market on an average of 37 days. The median home price this time last year was $124,000. In the month of June, the number of active listings in South Stockton has increased by 5.5% from the previous month.
Currently, 34 homes on the market are distressed properties (foreclosure and short sales), an increase from the previous month. I am please to see the increase of short sales. This is a good sign that homeowners are taking advantage of 
selling their home versus allowing it to go into foreclosure or vacating the property. Click here for available homes on the market in South Stockton.
selling their home versus allowing it to go into foreclosure or vacating the property. Click here for available homes on the market in South Stockton.
If you are thinking about selling a home, receive a FREE Market Analysis by registering on our website.
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