$164K  
Sales numbers in the Modesto market remain the same with two homes sold over the last 30 days and the market still shows a confirmed trend downward overall. Potential buyers should note that prices went up in Modesto, with the median for this period rising from $290,500 to $303,500. A downturn in sales, coupled with the availability of eight months of inventory, prove that Modesto is a definite buyer's market.
Comments:

$490K  
Sales retained their current pace and came in at two homes sold in the Modesto market over the last 30 days. However, a three-week upward trend for contracts was extended, with four 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. Pricing in Modesto remains consistent from last week to this week, with the median sales price at $290,500 again. Modesto is a strong buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$490K  
The Modesto market might strengthen in the short term. While two homes were sold over the last 30 days, the number of contracts executed rose to seven, the highest amount in three months. When comparing other close-by municipalities within the same period, the most came from Ceres with three contracts executed. The median sales price jumped to $290,500, up from last week's $212,000. Modesto is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$490K  
The Modesto market pulled back with a 40.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.8 monthly average with three homes sold. The median sales price dropped to $212,000, down from last week's $252,500. Modesto is a strong buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$490K  
The Modesto market pulled back this week but was still better than normal as sales slid 28.6% to five homes sold over the last 30 days. The median sales price stayed flat at $252,500, and there are a fairly average four months of inventory left to be sold.
Comments:

$239K  
With an established downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at seven in that same time frame, the Modesto market will be slowing. The median sales price in Modesto stayed put this week at $252,500. In spite of flat sales, a low three months of inventory signals that Modesto is a seller's market.
Comments:

$239K  
Modesto has a population that is much older than most in California with a median age of 34 years. Also, it's somewhat affluent with a median income of $49,924 per household. 95355, 95350, and 95351 are its three most populated zip codes. With an ownership ratio of 52.5%, most people in Modesto are homeowners. The top school in the city is Lakewood Elementary School.
Comments:

$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:
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