Stockton CA: The Stockton real estate market can be described in one word: HYPERACTIVE! We had an increase in new listing in the month of April, up to 424! But, it seems, as soon as new homes come up for sale in Stockton, they are quickly under contract. Pending Sales also spiked up with 330 pending sales in April 2018.
The number of days on market is declining as well. Last month, the amount of days on market dropped to 38 days on market and homes are still selling for 99% of their listed price.
Keep in mind, these statistics are for the entire city of Stockton as a whole. Your zip code, neighborhood and home trends could be different, and mostly will be different. If you would like to know where your home falls with these figures please reach out to me. David McKeever, Stockton Broker, 209.483.6523