$229K  
The Seaport market got good news this week as sales climbed 100.0% to reach two homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the Civic Center neighborhood reported three home sales, the highest number from all of the surrounding neighborhoods. Prices are falling in Seaport, and this period the median price of all sales fell from $240,000 to $235,000. The rising sales and a low one month of inventory point to Seaport being a definite seller's market.
Comments:

The Seaport market saw sales remain flat this week with one home sold over the last 30 days but new listings tumbled to zero. The median sales price of homes sold came in at $240,000, which extended a price upswing to four weeks. With only one month of inventory to sell, Seaport is a definite seller's market, in spite of the flat sales.
Comments:

The Seaport market pulled back with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.4 monthly average with one home sold. Within the same time frame, the Civic Center neighborhood had two sales, the most of all neighborhoods in the area. Potential buyers should note that prices are coming down in Seaport, and for this period the median sales price slid from $320,000 to $240,000. With only one month of inventory to sell, Seaport is a strong seller's market, in spite of the dip in sales.
Comments:

$140K  
The number of home sales in the Seaport market climbed 100.0% to two homes over the last 30 days, exceeding the 1.3 monthly average for the last 12 months. In comparison, the Valley Oak neighborhood had three sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped dramatically to $320,000 over the latest reporting period for Seaport, down from $400,000.
Comments:

Seaport is an average-sized neighborhood in Stockton with 12,843 residents. Also, it has a higher than average density with 7,729.7 people per square mile. Seaport is made up of homes that are considered older than most with a median of 55 years. Heading the list of top schools in the neighborhood is Manlio Silva Elementary School.
Comments:

The Seaport market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 1.3 monthly average with one home sold. Within the same time frame, the Valley Oak neighborhood had three sales, the most of all neighborhoods in the area. The median sales price rose dramatically to $400,000, up from last week's $236,750. With only one month of inventory to sell, Seaport is a definite seller's market, in spite of the dip in sales.
Comments:

Over the past 30 days, there have been fewer price cuts in the Seaport market, continuing a three-week declining trend to land at zero. However, home sales remained flat with two over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price in Seaport stayed put this week at $236,750.
Comments:

On top of a recent downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Seaport market fell to one over the same stretch of time. As the number of sellers reducing prices trended down, prices also took a turn lower, with the median sales price falling to a three-month low at $73,500.
Comments:

$225K  
The Seaport market saw two homes go under contract, and failed to break out of an established downward trend. The market had total home sales of two over the last 30 days, maintaining last week's pace. Pricing in Seaport remains consistent from last week to this week, with the median sales price at $110,750 again.
Comments:

$209K  
There have been two homes sold in the Seaport market over the last 30 days. During the same period, there were two new listings posted, the most since June. When comparing other close-by neighborhoods within the same period, the most came from the Valley Oak neighborhood with four new listings. The median sales price dropped to $110,750, down from last week's $148,000. With just one month of inventory available, Seaport is still a solid seller's market, in spite of rising new listings.
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