Market Report for Weston Ranch, Stockton




The Barringer Team in: Broker Agent Magazine

The following information is from the local MLS database, as of May 2, 2008 as compared to March 14th

ACTIVE Status:

Total # of Residential properties for sale in Weston Ranch:  323 346
Average # of days on market: 77 79
The Median price of all Homes for sale: $214,500 $236,000
The Average price of all Homes for sale:$225,994 $250,698

There are 164 REO Homes on the market
There are 111 Short Sale Homes on the market

Lowest priced home: 2bd/1ba/948sq. ft /$76,000
Highest priced home: 6bd/4ba/3,376/$525,000

 PENDING Status:

Number of properties currently under agreement: 160 90
Average pending price: $193,255 $222,845

Avr. pending home is 4bd, 3ba, 1908 sq. ft at a price $193,255 and 56 days on the market.


SOLD Status:


Residential property sold over previous 30 days:30 units or  $6,704,706 in sales volume. 20 units or  $4,963,900 in sales volume.
Average sale price:$223,490 $225,825

Median sale price: $221,000 $212,100
 

High: $334,900(5bd/3.5ba 2900 sq. ft home).
Low: $159,900(3bd/2ba 1440 sq. ft home)


Summary: Prices still going down but sales are picking up. This is a REO Market at its strongest.

Prices are at a all time low. Buyers have there choice in this market. We are seeing Multiple offers here too. Buyers with Down payments RULE! A lot of lenders are frowning on F.H.A. Down payment assistance programs. If you are looking to Buy or sell get a PRO on your TEAM and call the BARRINGER TEAM to Represent you. You can Call @ 209-833-7777 or E-mail @ tiger@bpbarringer.com

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