Modesto, CA Market Recap for August 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: 51.5%*

Average	July 2007	August 2007	% Change
Asking Price	$348,539	$358,527	2.9%
Sales Price	$337,804	$345,890	2.4%
% of Asking Price	97%	98%	1.0%
$/SQFT	$202	$203	0.5%
Days on Market	76	71	-6.6%
Total Transactions	100	122	22.0%

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 09/25/2007: 2,102 properties on the market with 1,104 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.