Patterson Ca Home Sales - October 2014
The sales figures for Patterson Ca for October 2014 are in. The totals below are for single family homes sold in Patterson.
Totals for October 2014:
- 27 Total Sales
- 0 Bank Owned Sales (0% of all sales)
- 0 Short Sales (0% of all sales)
- 0% of all sales are distressed property sales
- Median price $235,000
- Average days on Market 37
Totals for October 2013:
- 33 Total Sales
- 3 Bank Owned Sales (9% of all sales)
- 5 Short Sales (15% of all sales)
- 24% of all sales are distressed property sales
- Median price $235,000
-
Average days on Market 31
There are currently 47 Properties that are Pending/Under Contract.
The lowest price home sold in Patterson during October 2014 was $100,000.
The highest price home sold in Patterson during October 2014 was $410,000.
There were no distressed sales this month. I can't remember the last time that happened. The median price was the same as last year. This could be a sign that home prices in Patterson are stabilizing.
The number of homes on the market is again at a nearly 3 month supply. This is a good thing for both buyers and sellers in my opinion. Good for sellers in that prices should remain where they are and not start falling. The inventory is not so high that it will cause prices to start falling. Good for buyers in that there should be less competition for each home. It wasn't too long ago that buyers were having to deal with multiple offers on nearly every listing.
If you are thinking about buying a home in Patterson Ca now is a great time. There are currently 82 homes available in Patterson listed from $124,000 up to $1,500,000. 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 September 2014
Patterson Ca Home Sales August 2014
Patterson Ca Home Sales July 2014
Patterson Ca Home Sales June 2014
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