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Patterson Ca Home Sales - February 2022

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

Patterson Ca Home Sales - February 2022

Patterson City Hall

The sales figures for Patterson Ca for February 2022 are in.  The totals below are for single family homes sold in Patterson.

Patterson Ca is a small town located on the west side of Stanislaus County.  Patterson is a popular choice for many San Francisco Bay Area commuters.  It is located along the I-5 corridor offering easy access to the San Francisco Bay Area.  Patterson is west of Turlock and Modesto. 

February

# of sales

Median Sale Price

Average % of List Price

Avg. Days on Market

Average # of Offers

2021

21

$430,000

102.47%

22

2.9

2022

17

$515,000

100.67%

29

2.1

The lowest price home sold in Paterson during February 2022 was $405,000.   

The highest price home sold in Patterson during February  2022 was $600,000.

 

The number of total sales for February 2022 was lower than February  2021.  The median price took a huge jump again this month.  It actually took about a week longer  to sell in February 2022 than it did in February 2021

The number of offers received per listing in February 2022 was a bit less than what seller's received in January 2021. The average home sold for right at or just a little bit over asking price.  With the continued low inventory of available listings the multiple offers and over asking price sales should continue for the foreseeable future.

There are currently only 22 homes listed (Active) for sale in Patterson Ca. They range in prices from $364,999 for a 840 sq. ft. 3 bedroom 1 bath home to $2,165,000 for a 4 bedroom 3 bath home with just over 25 acres of almond trees. There are currently 40 homes under contract (Pending) in Patterson Ca. 

The Patterson real estate market is still a strong seller's market.  With only 22 homes currently listed for sale the competition for sellers is pretty low.  Since most homes received multiple offers last month that means that there are still lots of buyers out there.  Lot's of buyers and low inventory equals a great time to be a seller!

Patterson Ca Home Sales - January 2021

Patterson Ca Home Sales - December 2021

Patterson Ca Home Sales - November 2021

Patterson Ca Home Sales - October 2021

Patterson Ca Home Sales - September 2021

If you want to know what your Patterson Ca home is worth call or text me at 209-404-0816.  If you are thinking about selling your Patterson Ca home now is a GREAT time. Give me a call at 209-404-0816 and let's talk about selling your home now!

Posted by

 

Jim Patton - Realtor
Aspire Home Real Estate
DRE# 01423125


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


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Jim Patton - Central Valley RealtorCall or Text: 209.404.0816
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hi Jim seems like there is a lot of value for the price of homes in Patterson CA, especially with the fairly close proximity to SF.  Good market report - easy to understand.

Mar 03, 2022 08:07 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

I was also going to mention the relative affordability of Patterson compared to many other Bay area communities. Hope you have a great weekend, Jim. 

Mar 04, 2022 07:11 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Mar 07, 2022 02:11 PM
Jim Patton

Thank you Myrl Jeffcoat, I hope they do find some value.

Mar 07, 2022 06:17 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Hi Anna Banana Kruchten CRS, Phoenix Broker the prices are much cheaper here in the Central Valley.  I just spent a couple of days in the Phoenix area visiting my grandkids (and their parents too ;))  I love the area!

Mar 07, 2022 06:19 PM
Anna "Banana" Kruchten

Jim next time you're in Phoenix let's try to meetup!  That would be awesome!

Mar 07, 2022 07:33 PM
Jim Patton
Aspire Home Real Estate 209-404-0816 - Modesto, CA
Realtor - Stanislaus ,Merced, San Joaquin Counties

Hi Debb Janes EcoBroker and Bernie Stea JD, yes the prices here in the Central Valley are quite a bit less than the SF bay area.  However having lived here all my life I can remember when they were much lower.

Mar 07, 2022 06:21 PM