$350K  
Home sales in the Patterson market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 50.0% to one home sold over the last 30 days. On the other hand, close-by Modesto registered seven homes sold in the same time frame, the most of all surrounding cities. The median sales price of homes sold came in at $235,000, which extended a price upswing to four weeks.
Comments:

Patterson is a city in California. It's somewhat affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $54,248 per household and cost of living adjustment score of 104.1. Patterson is made up of homes that are relatively new with a median of 15 years. Heading the list of top schools in the city is Apricot Valley Elementary School.
Comments:

$344K  
Sales retained their current pace and came in at two homes sold in the Patterson market over the last 30 days. However, a six-week upward trend for contracts was extended, with three pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in Patterson, and this period the median price of all sales fell from $352,500 to $297,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that Patterson is a definite seller's market.
Comments:

The number of homes coming into the Patterson 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 of all transactions in Patterson did not budge this week, remaining at $352,500. With only one month of inventory to sell, Patterson is a solid seller's market, in spite of the flat sales.
Comments:

$350K  
The Patterson market took a break this week as sales fell to one home sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at three. Pricing in Patterson remains consistent from last week to this week, with the median sales price at $345,000 again. Despite the slip in sales, a relatively low three months of inventory indicates that Patterson is a seller's market.
Comments:

$350K  
There were three homes sold in the Patterson market over the last 30 days on top of a record three contracts executed. It is the most since January and could be a sign that the market may strengthen. Prices are rising in Patterson, and the median sales price this period increased from $337,000 to $345,000. With only one month of inventory and rising contracts, Patterson is a definite seller's market.
Comments:

With 20,413 residents, Patterson is a larger than average city in California. Also, with a 71.2% increase over the last 10 years, its population is growing faster than other parts of the state. Detached homes account for 100% of the area's current housing market. Topping the list of best schools in the city is Apricot Valley Elementary School.
Comments:

$359K  
More sellers put their homes up for sale in the Patterson market over the last 30 days and the number of new listings jumped this week to three. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price of all transactions in Patterson did not budge this week, remaining at $337,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Patterson is a seller's market.
Comments:

$359K  
Sales remained at two homes sold over the last 30 days in the Patterson market. Sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to two for the same period. The median sales price in Patterson stayed put this week at $337,000. In spite of flat sales, a low two months of inventory signals that Patterson is a definite seller's market.
Comments:

$368K  
The Patterson market was active in this week's report, as the number of sales went up to two homes sold over the last 30 days. Within the same time frame, Modesto had five sales, the most of all cities in the area. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Patterson is a definite seller's market.
Comments:
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