$245K  
The Ceres market reported another in a series of 30-day periods with zero home sales. Ceres usually averages 1.2 sales per month. All indications show that the trend should continue, meaning less price reductions over the next few weeks.
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Once again, no deals were completed in the Ceres market over the last 30 days. Ceres is used to having 1.2 sales per month.
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Over the past 30 days, there have been fewer price cuts in the Ceres market, continuing a three-week declining trend to land at one. Home sales were also down to one over the same period. The median sales price rose to $335,000, up from last week's $289,000.
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The number of homes coming into the Ceres market stayed firm with one listing over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price in Ceres stayed put this week at $289,000.
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Ceres is a city that is growing faster than others in California at a 10-year growth rate of 28.3%. It also has a larger than average population of 45,417 people. Homes in Ceres are of moderate age with a median age of 24 years. The top school in the city is Whitmore Charter High School.
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$369K  
The Ceres market pulled back this week but was still better than normal as sales fell 33.3% to two homes sold over the last 30 days. On the other hand, close-by Turlock registered four homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $289,000, up from last week's $243,000.
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$280K  
The Ceres market showed gains in this week's report, as the number of home sales climbed 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, close-by Modesto reported three home sales, the highest number from all the surrounding cities. The median sales price rose to $243,000 over the latest reporting period for Ceres, up from $234,500. The rising sales and a low one month of inventory point to Ceres being a definite seller's market.
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$359K  
The number of home sales in the Ceres market rose 100.0% to two homes over the last 30 days, exceeding the 1.1 monthly average for the last 12 months. At the same time, close-by Modesto reported five home sales, the highest number from all the surrounding cities. Prices are rising in Ceres, and the median sales price this period increased from $226,000 to $234,500.
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$249K  
The number of sellers who put their homes up for sale in the Ceres market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Ceres, coming in at $226,000. With only one month of inventory to sell, Ceres is a solid seller's market, in spite of the flat sales.
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$249K  
Ceres is a somewhat affluent city in California with a median income of $48,122 per household. The population is also considered much older than most with a median age of 29 years. Ceres is an area where most people own their homes, with an ownership ratio of 58.6%. The top school in the city is Whitmore Charter High School.
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