The number of sellers reducing prices in the Rancho San Joaquin market trended up to three over the last 30 days, extending a three-week streak. During the same period, one sale was completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in Rancho San Joaquin remains consistent from last week to this week, with the median sales price at $654,900 again. Along with flat sales, a relatively high nine months of inventory indicates that Rancho San Joaquin is a solid buyer's market.
If you have been waiting for prices to drop, now is your chance to look at these listings in Rancho San Joaquin: