The Blog: Stockton Housing data

Stockton Real Estate Market Update - September 2018

Stockton CA:

September of 2018 saw an increased amount of the number of listings versus August 2018.  This is the 7 month in a row where the number of newly listed homes for sale in Stockton rose.  It is a normal trend over the past number of years that new listings rose in the summer and fall months, however, the number of new listings, 693, is more vs last year, 527, is higher.


Stockton CA: David McKeever & Richard Hundley talk about the changing trends in the Stockton Real Estate market. 

Pending Sales: Pending home sale dropped slightly from the previous month and sold homes feel as well, creating more supply in the home buying market.

The Months of Inventory spike to 2.8 months in September. Up 74% vs September of 2017. We are now in a neutral market. A neutral market suggest we should have 3-6 months of inventory of homes for sale.

​​​​​​​

For more information about the value of your home, contact Stockton real estate expert & broker, David McKeever 209 209.483.6523

Stockton Real Estate Market Update - August 2018

Stockton CA: David McKeever, Broker with McKeever Real Estate in Stockton, and Richard Hundley, Broker cover the latest real estate housing trends for the city of Stockton CA.

The amount of new listings in Stockton Ca rose 15.9% in August 2018 vs July 2018.  There were 677 newly listed homes.  There were 369 pending homes, which was a 37% change vs July 2018.  The big difference could have been due to the lackluster June and July months being so inactive. 

The average asking price and average sold price trends in Stockton CA are showing a NEUTRAL trend Stockton.

DOM: The days on market trend went up to 33 days vs 24 in July 2018.

Stockton Real Estate Market Update - June 2018

Stockton CA:

Is the Stockton housing market showing signs of a correction?  Is another crash coming?  Is there a bubble?  These are questions we've been getting lately because of the amount of appreciation we've seen in the recent years.  In our monthly market update video below, we answer this question and many more.

 
 

[ FREE: REQUEST a value of your Home ] 

Here is the most recent housing data for the City of Stockton for June 2018.

Sales are down in 2018

SOLD HOMES:  279 June 2018 vs. 358 June 2017

PRICING STRATEGY for 2018

It is a different market this year.  Pricing the home correctly is more critical than ever to ensure a quick sale.  Last year we were able to price home 5% over the market and have great response with showing requests and often times immediate offers. 
So far, this year is different.  In order to sell your home quick, pricing your home right at or just below fair market value is the best strategy in the 2018 market.  There are still buyers in today's market.  However, with the rise in Stockton home prices, they are starting to get a little picky.  Pricing your home in an attractive manner is the smartest strategy this summer.

 

 

New Listings:  549 June 2018 vs. 466 June 2017
Pending Sales: 340 June 2018 vs. 299 June 2017

FYI.  Currently there are only 7 Foreclosures(REO's) for sale in Stockton and only 11 Short Sales.

The Stockton CA median home price has risen to and average of $300,000.  This time last year the average median price was $270,000.  This is a 11.1% increase in the past 12 months.

Search Stockton Homes for Sale

 

 



Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Join us to take advantage of all this site has to offer. Save your favorite listings and receive instant updates when listings you like hit the market, all for free!

*Contact Information NOT Shared*


Quick Search


view all


Any

Any

No Min.

No Max.