Home Sales On the Rise in Stockton Real Estate Market

The number of home sales in the Stockton market rose 50.0% to three homes over the last 30 days, above the 0.6 monthly average. To put it in perspective, close-by Ewing registered 40 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $310,000, down from last week's $321,125. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Stockton is a definite seller's market.

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Demographic facts about Stockton:

  • The population growth rating is 56. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $20.09/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (28.5%), 15-29 min (27.4%), 30-44 min (24.6%), 45-59 min (7.2%), >60 min (12.3%).

Data reported through 10/12/2016

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