Lodi Median Prices Fall in April 2008

By
Real Estate Agent with Century 21 M&M

Bank Owned Properties have created the market. Currently 70% of all sales are Bank Owned Properties. Here is a comparison between April of last year and this year.

Home Sale Activity by City for San Joaquin, Sacramento and Stanislaus County.

  Homes Sales Recorded in April 2008

County/City                    #SOLD          April 2008        April  2007    % Change                                          

SAN JOAQUIN COUNTY

823

 $  245,000.00

 $  396,500.00

-38.21%

ACAMPO

2

 $  407,000.00

 $  700,000.00

-41.86%

ESCALON

8

 $  272,000.00

 $  392,000.00

-30.61%

FRENCH CAMP

2

 $  210,000.00

 $  359,500.00

-41.59%

LATHROP

29

 $  279,000.00

 $  484,000.00

42.36%

LINDEN

2

 $  428,000.00

 $  519,000.00

-17.44%

LOCKEFORD

2

 $  235,000.00

 N/A

N/A

LODI

58

 $  237,500.00

 $  363,750.00

-34.71%

MANTECA

97

 $  263,500.00

 $  394,000.00

-33.12%

RIPON

20

 $  318,000.00

 $  446,000.00

-28.70%

STOCKTON

411

 $  195,000.00

 $  345,000.00

-43.48%

TRACY

187

 $  335,000.00

 $  545,000.00

-38.53%

WOODBRIDE

2

 $  335,000.00

 N/A

N/A

         

SACRAMENTO COUNTY

1841

 $  232,000.00

 $  345,000.00

-32.75%

ELK GROVE

305

 $  278,500.00

 $  407,000.00

-31.57%

GALT

45

 $  245,000.00

 $  355,000.00

-30.99%

         

STANISLAUS COUNTY

686

 $  225,000.00

 $  350,000.00

-35.71%

CERES

52

 $  202,500.00

 $  336,000.00

-39.73%

DENAIR

7

 $  225,000.00

 $  418,250.00

-46.20%

HUGHSON

8

 $  240,000.00

 $  343,750.00

-30.18%

KEYES

4

 $  211,750.00

 $  318,250.00

-33.46%

MODESTO

302

 $  203,500.00

 $  336,500.00

-39.52%

NEWMAN

24

 $  184,250.00

 $  307,500.00

-40.08%

OAKDALE

40

 $  287,750.00

 $  424,750.00

-32.25%

PATTERSON

83

 $  240,000.00

 $  400,000.00

-40.00%

RIVERBANK

24

 $  260,750.00

 $  340,100.00

-23.33%

SALIDA

36

 $  218,500.00

 $  342,500.00

-36.20%

TURLOCK

90

 $  263,500.00

 $  337,000.00

-21.81%

WATERFORD

14

 $  161,500.00

 $  350,000.00

-53.86%

 

Reporting resale single family residences and condos as well as new homes.

% Change is from the same month last year at the Median Price. Sales include

All attached and detached homes, both new and resale, including FSBO,

Family transfer and out of area sales. The information is gathered from public

Records at county recorders offices where documents are filed after the close of escrow.

 

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