The number of sellers reducing prices in the Valley Oak market trended up to zero over the last 30 days, extending a three-week streak. During the same period, two sales were completed. Potential buyers should note that prices went up in Valley Oak, with the median for this period rising from $360,000 to $365,000.
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Valley Oak is the fastest growing neighborhood in Stockton, at a 10-year growth rate of 312.9%. It's also the second-most populous with 37,984 residents. Valley Oak is made up of homes that are considered of moderate age with a median of 20 years. The top school in the neighborhood is River Oaks Charter.
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Over the last 30 days, one home was sold in the Valley Oak market, holding even with last week's numbers. However, the market is still in a persistent downward trend overall. Pricing in Valley Oak remains consistent from last week to this week, with the median sales price at $360,000 again. In spite of sales trending lower, there is only one month of inventory available, which signals that Valley Oak is a still definite seller's market.
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The Valley Oak market picked up in this week's report, as the number of sales went up to one home sold over the last 30 days. At the same time, the Valley High-North Laguna neighborhood reported five home sales, the highest number from all of the surrounding neighborhoods. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Valley Oak is a strong seller's market.
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The Valley Oak market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Valley Oak usually averages 1.7 sales per month.
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$300K  
The Valley Oak market reported another in a series of 30-day periods with zero home sales. Valley Oak usually averages 1.7 sales per month.
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$255K  
Typically, Valley Oak accounts for 1.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$255K  
Valley Oak has a population that is much older than most in Stockton with a median age of 29 years. Also, it ranks as the ninth- most affluent with a median income of $47,606 per household. Valley Oak is an area where most people own their homes, with an ownership ratio of 56.0%. Heading the list of top schools in the neighborhood is River Oaks Charter.
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$255K  
The Valley Oak market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Valley Oak usually averages 1.7 sales per month.
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$379K  
Over the last 30 days, no deals were completed in the Valley Oak market. Valley Oak is used to having 1.7 sales per month.
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Art Godi Realtors
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