Tuesday, March 9, 2010
Home Sales Statistics for San Joaquin County, CA
Sales activity for the Lodi and Stockton CA area have been down the last couple of months. Was it due to the bad weather? No, it wasn’t that bad. Was it due to no incentives to purchase? No, we still have the extended $8,000 tax credit for first-time home buyers.
So, what’s the real reason for the lack of sales going on right now in the San Joaquin Valley? Are people still afraid of falling home prices? Could it be the inventory of homes that the banks are holding on to after foreclosure?
I’d like to hear from you out there…the public. What are YOUR thoughts on this and what do you think it will look like in th upcoming months?
Here are the stats for the San Joaquin County, CA…
| Single Family Residence | ||
| Time Period | Number of Sales | Median Sale Price |
| Jan 2010 | 691 | $179,000 |
| Jan 2009 | 1,032 | $165,750 |
| Dec 2009 | 890 | $182,500 |
| Dec 2008 | 1,231 | $177,500 |
| 2010 YTD | 1,144 | $171,750 |
| 2009 | 11,706 | $170,000 |
| Condominium | ||
| Time Period | Number of Sales | Median Sale Price |
| Jan 2010 | 23 | $61,000 |
| Jan 2009 | 33 | $61,000 |
| Dec 2009 | 29 | $125,000 |
| Dec 2008 | 34 | $89,000 |
| 2010 YTD | 32 | $60,000 |
| 2009 | 369 | $65,000 |
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