Modesto Ca Home Sales - January 2022

By
Real Estate Agent with Aspire Home Real Estate 209-404-0816 DRE #01423125

Modesto Ca Home Sales - January 2022

Modesto California Home Sales

The sales figures for Modesto California for January 2022 are in.  The totals below are for single family homes sold in Modesto.

January Zip Code # of Sales Median Sales Price Average % Of List Price Average Days on Market Average # of Offers
2021 95350 38 $340,000 98.07% 13 4.1
2022 95350 37 $420,000 100.41% 13 3.1
2021 95351 13 $275,000 99.50% 12 3.1
2022 95351 21 $320,000 100.29% 13 3.4
2021 95354 14 $316,500 99.41% 16 3.2
2022 95354 23 $385,000 101.88% 17 3.2
2021 95355 50 $385,000 98.20% 18 3.3
2022 95355 47 $495,000 99.45% 22 3.2
2021 95356 27 $392,000 96.78% 22 2.9
2022 95356 19 $585,000 90.23% 36 1.8
2021 95357 5 $540,000 100.69% 13 3.6
2022 95357 13 $467,000 92.90% 26 3.4
2021 95358 15 $333,300 97.81% 15 2.1
2022 95358 11 $347,500 100.52% 20 2.5

The total number of sales for January 2022 compared to January 2021 was a mixed bag.  Three zip codes had more sales, and four zip codes had less.   The total number of homes sold in Modesto for January 2022 was 172 and for January 2021 was 176.   The total number of sales was down from previous months.  The median price of homes was up substantially again this year in seven of the eight Modesto zip codes. 

The average home is still receiving multiple offers and selling very close to or above list price in Modesto.  However we saw three zip codes that are averaging just below list price but still receiving multiple offers.  So while you might not always have to offer over asking price, making an offer significantly under asking price probably will not work.

There are currently 249 homes under contract (pending) in Modesto. That's up  from last month at this time.  There are currently 114 homes available (active) in all of Modesto listed from $190,000 up to $2,399,000. The number of available homes is pretty comparable to last month. 

If you are thinking about buying or selling give me a call at 209-404-0816 so we can discuss what is the right thing to do in today's market.

Modesto Ca Home Sales - December 2021

Modesto Ca Home Sales - November 2021

Modesto Ca Home Sales - October 2021

Modesto Ca Home Sales - September 2021

Posted by

 

Jim Patton - Realtor
Aspire Home Real Estate
DRE# 01423125


Serving Stanislaus, Merced and San Joaquin Counties in California's Central Valley.


Are you thinking about buying or selling Central Valley Real Estate?  Let's Talk!


Selling homes like yours
since 2004!

Jim Patton - Central Valley RealtorCall or Text: 209.404.0816
Email Me

Facebook   About Me

Comments (4)

Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs

Great homes in Ca. I was born in Pasadena. Lived in Monterery Park for a couple of years. My parents moved to Vacaville in 1967----Join my follower. I joined you...

 

Feb 16, 2022 05:09 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jim, thanks for the market update for Modesto CA, and looks like 2022 has started off HOT! 

Feb 17, 2022 08:20 AM
Jim Patton

It sure has Joan Cox 

Feb 17, 2022 08:11 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Modesto home buyers and sellers are sure to value your real estate market report, Jim.

Feb 18, 2022 02:17 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Thank you Myrl Jeffcoat.  Thanks for stopping by.

 

Feb 18, 2022 02:26 PM