The sales figures for Modesto California for April 2022 are in. The totals below are for single family homes sold in Modesto.
April | Zip Code | # of Sales | Median Sales Price | Average % Of List Price | Average Days on Market | Average # of Offers |
2021 | 95350 | 61 | $378,000 | 98.19% | 17 | 6.7 |
2022 | 95350 | 54 | $433,500 | 100.16% | 16 | 4.1 |
2021 | 95351 | 22 | $321,000 | 101.12% | 8 | 5.1 |
2022 | 95351 | 19 | $357,000 | 98.99% | 16 | 3.1 |
2021 | 95354 | 24 | $365,000 | 99.70% | 13 | 4.7 |
2022 | 95354 | 27 | $383,000 | 102.25% | 14 | 2.4 |
2021 | 95355 | 70 | $450,000 | 101.27% | 12 | 6.8 |
2022 | 95355 | 47 | $500,500 | 101.83% | 10 | 4.2 |
2021 | 95356 | 30 | $493,500 | 95.54% | 24 | 5.1 |
2022 | 95356 | 24 | $597,500 | 103.31% | 11 | 3.0 |
2021 | 95357 | 10 | $489,000 | 105.42% | 6 | 7.2 |
2022 | 95357 | 8 | $457,500 | 99.65% | 7 | 2.75 |
2021 | 95358 | 23 | $385,000 | 98.84% | 15 | 7.0 |
2022 | 95358 | 19 | $425,000 | 101.36% | 17 | 4.2 |
Total homes sold in Modesto: April 2021: 240 April 2022: 198
The median price of homes was up substantially again this year in Modesto. Most homes also received multiple offers however not as many as last year. Fewer offers per home and fewer total homes sold could be a sign that more buyers are getting priced out with higher prices and higher interest rates.
However not all homes sold for more than asking price. The number of days on the market seems to make a difference in what a home will sell for.
- Homes on the market 0-30 days sold for 103.53% of list price
- Homes on the market 31+ days sold for 100.02% of list price
- The average home in Modesto Ca sold for 100.72% of list price in April 2022
There are currently 227 homes under contract (pending) in Modesto. That's down from last month at this time. There are currently 186 homes available (active) in all of Modesto listed from $150,000 for a 1 bedroom 1 bath condo of 430 sq.ft up to $2,100,000 for a home with 3 bedrooms and 2 bathrooms and 2035 sq.ft. on just under 12 acres. The number of available homes is also down from last month at this time.
Do you want to know what your Modesto Ca home is worth? Call or text me any time at 209.404.0816 or email me at jim@JPP3RealEstate.com
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 - March 2022
Modesto Ca Home Sales - February 2022
Modesto Ca Home Sales - January 2022
Modesto Ca Home Sales - December 2021
Modesto Ca Home Sales - November 2021
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