The Blog: Stockton CA Real Estate Trends

Real Estate Market Update for April 2019 - Stockton CA

The anticipated Spring real estate market has SPRUNG.  Pending home sales in Stockton Ca spiked in April to 385 vs 306 the previous month. Home buyers in Stockton are capitalizing on the lower than expected interest rates and have jumped back into buying mode.  

Meanwhile, newly listed homes for sale remain neutral. Just 489 newly listed homes came on the market in Stockton, similar to the 486 the previous month.  Given the lack of new homes for sale in Stockton, the Stockton market has shifted once again into a SELLERS market.

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Homes in Stockton have been selling faster.  IN April of 2019, homes averaged just 39 days on the market vs the previous month of 43 and 53 days in February.  Additionally, homes are selling for more money.  Stockton homes on average are selling 98% of the list price, up from 97% one month ago.

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The average home for sale in Stockton Ca was priced at $393,000!  An increase from 1 month ago which was at $385,000.  The average home which sold in Stockton was at $312,000.  This trend is a neutral one.  Given the amount of pending sales and lack on new homes, I anticipate the SOLD trend price to slowly climb in the coming months.




January 2016 Stockton Real Estate Market Report

The Stockton housing market continues to move at a fast pace despite what is normally a slower time of year for Stockton real estate.  All price per sq ft and sales rose in January due to the fact of the shortage in the number of homes for sale and the lower interest rates.  The median sales price increased to $295,000 vs $266,000 just one year ago.  

The monthly absorption rate is a low 1.5%.  How long will it take to sell your Stockton CA home?  See the days on market chart below.

Looking for more info? Contact us today and receive detailed information on your specific Stockton neighborhood.

The inventory of homes in Stockton fell for the 3rd straight month thus increasing the need to housing for new buyers entering the market.

The average square foot in Stockton has climber over the past 12 months, now settling at $141/sq ft on average. To get a more accurate picture of the price per square foot in your Stockton neighborhood, click on the zip code links below to get specific information on your zip code in Stockton.

The Average home in Stockton takes about 40 days to go into escrow or under contract.  This could differ based upon which area of town a home is sold.  Homes in Stockton continue to sell slightly below their list price.

For further accurate picture of the price per square foot in your Stockton neighborhood, click on the zip code links below to get specific information on your zip code in Stockton.


Search Stockton Homes for Sale

Under $200,000  |  $200,000 to $300,000  |  $300,000 to $400,000

$400,000 to $500,000 |  $500,000 to $600,000  |  $600,000 to $700,000  |  Luxury Homes

Providing good data such as the number of homes for sale in Stockton, Number of homes which have sold in Stockton Ca, the average number of days a home takes to sale in Stockton and the average price per square foot in Stockton help tremendously when deciding if it is a good time to buy or sale a home in Stockton CA.

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