Patterson Ca Home Sales - November 2014
The sales figures for Patterson Ca for November 2014 are in. The totals below are for single family homes sold in Patterson.
Totals for November 2014:
- 19 Total Sales
- 1 Bank Owned Sales (5% of all sales)
- 1 Short Sales (5% of all sales)
- 10% of all sales are distressed property sales
- Median price $260,000
- Average days on Market 50
Totals for November 2013:
- 21 Total Sales
- 2 Bank Owned Sales (9% of all sales)
- 5 Short Sales (24% of all sales)
- 33% of all sales are distressed property sales
- Median price $221,000
-
Average days on Market 45
There are currently 45 Properties that are Pending/Under Contract in Patterson.
The lowest price home sold in Patterson during November 2014 was $109,000.
The highest price home sold in Patterson during November 2014 was $345,000.
There number of distressed sales was way down from last year at this time. Although last month there were no distressed sales in Patterson. The median price took a big jump this month.
The number of homes on the market has risen to just over a 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 73 homes available in Patterson listed from $179,950 up to $1,500,000.
Give me a call at 209-633-2839 and I can help you find the right house for you.
Patterson Ca Home Sales October 2014
Patterson Ca Home Sales September 2014
Patterson Ca Home Sales August 2014
Patterson Ca Home Sales July 2014
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