$490K  
While home sales in the Modesto market have been above average, in this week's report they dropped 14.3% to six homes sold over the last 30 days. Months of inventory is on a four-week downward trend, this week hitting four months.
Comments:

$732K  
A three-week growth trend continued after the Modesto market recorded four home sales over the last 30 days. However, a record low two new listings came on, the fewest since last January. During the same time frame, Ceres had the most of any other neighboring municipalities with three new listings. Furthermore, a three-week upward trend in sales is expected to come to an end over the coming weeks. Pricing in Modesto remains consistent from last week to this week, with the median sales price at $420,000 again. Modesto is still a definite buyer's market, even after the decrease in sales, due to the large seven months of inventory left.
Comments:

$239K  
Over the last 30 days, two homes went under contract in the Modesto market, the lowest amount since June. As the market appears to be nearing a low, there were five homes sold over the same period. The median sales price remained unchanged over the latest reporting period for Modesto, coming in at $420,000.
Comments:

$220K  
Sales fell in the Modesto market to three homes sold over the last 30 days. It's also under a determined downward trend in the number of contracts closing, with this week's number falling to three. Potential buyers should note that prices went up in Modesto, with the median for this period rising from $336,000 to $420,000. Modesto is a solid buyer's market, due to a downward trend in contracts numbers and 10 months of inventory remaining.
Comments:

$239K  
Modesto is a larger than average city in California with 201,165 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 7.1%. Its three largest zip codes are 95355, 95350, and 95351. The Modesto market is almost exclusively made up of detached houses, which currently account for 97% of the homes for sale in the area. The top school in the city is Lakewood Elementary School.
Comments:

$289K  
Fewer sellers put their homes up for sale in the Modesto market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. The median sales price of all transactions in Modesto did not budge this week, remaining at $200,000. Modesto is a strong buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$384K  
The Modesto market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at seven. The median sales price of all transactions in Modesto did not budge this week, remaining at $200,000. Modesto is a solid buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$210K  
On top of a 40.0% decline in sales numbers this week to land at three homes sold over the last 30 days, the Modesto market still shows a solid trend downward overall. Pricing in Modesto remains consistent from last week to this week, with the median sales price at $200,000 again. Modesto is a strong buyer's market, due to a downward trend in sales numbers and nine months of inventory remaining.
Comments:

$230K  
Over the last 30 days, a confirmed upward trend of new sellers coming into the Modesto market continued, with 11 listings in this week's report. Meanwhile, sales have inched up as well, with four homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. A months of inventory number of seven reported this week continued a four-week upward trend, to go along with the strong number of new listings in the area. Even after uptick in sales, such a large amount of remaining inventory tells us that Modesto is still a definite buyer's market.
Comments:

$399K  
With three homes sold in the Modesto market over the last 30 days, we see no change from last week's numbers. However, 13 new listings came into the market. The median sales price remained unchanged over the latest reporting period for Modesto, coming in at $255,000. Modesto is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:
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