Modesto, CA Market Update for June 2007

Here are the latest real estate market statistics for Modesto, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 47.7%*

Average	May 2007	June 2007	% Change
Asking Price	$341,139	$353,645	3.7%
Sales Price	$333,797	$342,442	2.6%
% of Asking Price	98%	97%	-1.0%
$/SQFT	$201	$205	2.0%
Days on Market	63	67	6.3%
Total Transactions	105	149	41.9%

Search for homes in Modesto, CA and read a neighborhood overview of the Modesto, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 7/9/2007: 2,075 properties on the market with 989 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.