The Blog: Lodi real estate trends

Real Estate Market Update - October 2018 Stockton CA

Stockton Ca: 

The number of newly listed homes for sale in Stockton rose to 696, a slight increase vs 693 in September.  This marks the 8th straight month were the amount of newly listed homes increased.  This is great news for home buyers who have struggled to find homes in the past few years.  

 

[ Search All Stockton Homes for Sale ]

The inventory of homes have been at record lows in the past few years, so this is a welcomed sight to see for those looking for just the right home to buy in Stockton.

 

Another positive sign for the Stockton Real Estate market is the pending sales also rose in October of 2018.  Up 12% from September 2018.

The average sold price in Stockton California in October 2018 was $324,000.  Up from September 2018 which saw the average home sold price in Stockton at $315,000.  However, the average price trends in Stockton are a Neutral trend.  As you can see from the chart above, him prices have level off since it reached the $320,000 level in March of 2018.

For more information about you Stockton Home, contact real estate Broker, David McKeever at 209.483.6523

David is a Lodi Association of realtors Master Clubs award winner and has been voted the 2017 & 2018 Realtor of the year at the Best of San Joaquin County Awards.  

Vlog #7: Whoa, There is Only How Many Homes for Sale?

VLOG #7: In this episode we're bringing updated real estate market trends for the Stockton & Lodi Markets. It's a good one to listen to if you are thinking of buying or selling your home!

Below the video are the real estate data charts which we show in our video.  Please scroll down to take a more detail look at them.  For further, detailed information, about the real estate trends in your specific zip code, check out our MARKET TRENDS page. 

 

 

 

 

LODI CA Real Estate CHARTS for May 2017

 

 

 

Stockton Real Estate Market - April 2017

Stockton Ca -

The real estate market continues to favor home owners who want to sell their homes.  Take a look at my market update video below as I talk about two different price points in Stockton CA.  I explore both the housing market below $350,000 and above $400,000

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The Chart below represents homes in the $350,000 price range and under.  This is the sweet spot of the market where the majority of the real estate market activity is taking place.  As you can see, PENDING home sales in Stockton CA jumped dramatically in March 2017 in this price range.  Currently, there is a less than 1 month supply of homes for sale in Stockton at this price range.  

 

This chart below represents the number of homes for sale in Stockton above the $400,000 price point.  There is currently 2.7 months of inventory at this price point. Not as bad as the homes price below $350,000, but still low considering normal real estate market levels of 3-6 months. 

 Visit our MARKET TRENDS page more information on Stockton CA real estate trends, trends in a specific zip code, city and more.

 

 



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