San Joaquin County: Residential
FOR SALE: 536 from 652 -17.8%
SOLD:71 from 83 -14.5%
PENDING:94 from 100 -6%
AVE LIST PRICE: $750,000 down from $1,720,000 -54.4%
AVE SOLD PRICE: $559,000 up from $498,000 +12.2%
AVE Price per SQFT: $306.00
DOM:42 down from 28 +50%
2.2 months of inventory: Sellers' Market
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Amador County: Residential
FOR SALE:154 from 193 -20.2%
SOLD: 11 from 9 last month +22.2%
PENDING: 10 from 15 -33.3%
AVE price per SQFT: $237.00 down from $271.00 -12.5%
DOM: 67 up from 46 +45.7%
AVE LIST PRICE: $694,000 from $682,000 +1.8%
AVE SOLD PRICE: $404,000 from $495,000 -18.4%
4.1 months of inventory: Neutral Market.
Stanislas County: Residential
FOR SALE: 391 from 457 -14.4%
SOLD: 48 from 66 -27.3%
PENDING: 66 from 69 -4.3%
AVE Price per SQFT: $275.00 from $292.00 in December: -5.8%
DOM: 42 from 29 +44.8%
AVE LIST PRICE: $712.000 from $693,000 +2.7%
AVE SOLD PRICE: $500,000 from 486,000 +2.9%
2.4 months of inventory: Sellers' Market
My thoughts: With the most recent cooling of current mortgage rates, I recommend getting approved at today's rates while making 2024 your best year for property investments.
If you need help just call and I can help you get the process stared by answering any questions you may have.