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March 2024 Real Estate Report
27 Total
Homes For Sale
Homes For Sale
18 Homes
Added to the Market
Added to the Market
8 Homes
Sold
Sold
Compared to Previous Month
7%
More Homes For Sale
-50%
Fewer Homes Sold
Last month in March, housing in Modesto, CA ended with 18 homes being added to the market for sale, for a cumulative monthly total of 27 homes for sale - up 7% compared to February. Modesto, CA had a total of 8 homes sold for the month - down -50% from the month prior.
Detached led the way in homes sold with a total of 8 - down -38%, while attached totaled 0 in closed sales - even from the month of February. The number of detached properties sold under 1500 square feet totaled 4 for the month of March, while homes from 1500 to 2000 square feet recorded 2 sales and homes sized from 2000 to 2500 square feet had 1 sales. While homes from 2500 to 3000 square feet square feet recorded 1 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The number of attached homes sold The following ranges for attached homes all had no sales: under 1500, 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
When are the most homes sold in Modesto, CA?
February:
12 Homes Sold
The last 12 month period for the city of Modesto, CA shows that the greatest number of homes were sold during the months of April 2023, January 2024 and February 2024. The months of April 2023, January 2024 and February 2024 had 10 - 9 and 12 homes sold, respectively, as compared to an average of 6 for the other months of the year.
When do homes sell the fastest in Modesto, CA?
November:
-7 Days On Market
The last 12 month period for the city of Modesto, CA shows that homes sold the fastest during the months of June 2023, October 2023 and November 2023. The months of June 2023, October 2023 and November 2023 had 13 - 19 and -7 days on market, respectively, as compared to an average of 39 for the other months of the year.
Average Price Of Homes Sold In Modesto, CA
By Size Category
Average Sold Price
Average Price Per Square Foot
Average Price Of Homes Sold In Modesto, CA
By Year
Average Sold Price
Average Price Per Square Foot
| Number of homes sold in Modesto, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 9 | 12 | 8 | - | - | - | - | - | - | - | - | - | 29 |
| 2023 | 4 | 5 | 11 | 10 | 9 | 4 | 3 | 8 | 7 | 8 | 2 | 5 | 76 |
| 2022 | 8 | 7 | 14 | 14 | 11 | 9 | 2 | 6 | 6 | 10 | 6 | 7 | 100 |
| 2021 | 7 | 7 | 4 | 13 | 4 | 6 | 8 | 4 | 7 | 8 | 13 | 12 | 93 |
| 2020 | 6 | 8 | 2 | 1 | 5 | 7 | 3 | 2 | 4 | 2 | 4 | 2 | 46 |
| 2019 | 3 | 3 | 4 | 3 | 11 | 6 | 5 | 7 | 6 | 7 | 4 | 2 | 61 |
| 2018 | 3 | 1 | 2 | 2 | 6 | 4 | 1 | 10 | 4 | 8 | 3 | 8 | 52 |
| 2017 | 1 | 4 | - | 3 | 4 | 3 | 3 | 2 | 4 | 4 | - | 4 | 32 |
| Average Days On Market (DOM) In Modesto, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 32 | 34 | 23 | - | - | - | - | - | - | - | - | - | 30 |
| 2023 | 54 | 51 | 60 | 40 | 27 | 13 | 93 | 20 | 44 | 19 | -7 | 34 | 37 |
| 2022 | 28 | 8 | 27 | 8 | 13 | 12 | 18 | 19 | 40 | 27 | 28 | 17 | 20 |
| 2021 | 19 | 26 | 17 | 22 | 5 | 36 | 11 | 22 | 40 | 14 | 20 | 18 | 21 |
| 2020 | 26 | 34 | 27 | 8 | 17 | 30 | 14 | 51 | 40 | 15 | 10 | 12 | 24 |
| 2019 | 13 | 110 | 81 | 42 | 26 | 21 | 83 | 25 | 59 | 61 | 26 | 96 | 54 |
| 2018 | 44 | 135 | 9 | 10 | 16 | 22 | 22 | 10 | 18 | 23 | 65 | 64 | 36 |
| 2017 | 43 | 120 | 109 | 19 | 71 | 143 | 12 | 24 | 75 | 35 | 68 | 62 | 65 |
| Average Days From List To Close Of Escrow In Modesto, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2024 | 64 | 59 | 46 | - | - | - | - | - | - | - | - | - | 56 |
| 2023 | 104 | 70 | 109 | 68 | 58 | 39 | 138 | 57 | 74 | 63 | 51 | 58 | 74 |
| 2022 | 62 | 72 | 62 | 71 | 49 | 54 | 37 | 53 | 86 | 58 | 64 | 73 | 62 |
| 2021 | 59 | 86 | 75 | 61 | 36 | 86 | 44 | 51 | 71 | 63 | 69 | 53 | 63 |
| 2020 | 73 | - | 57 | 36 | 54 | 84 | 53 | 93 | 108 | 73 | 68 | 48 | 68 |
| 2019 | 45 | 212 | 129 | 76 | 62 | 64 | 128 | 60 | 90 | 110 | 62 | 115 | 96 |
| 2018 | 98 | 176 | 34 | 64 | 51 | 88 | 36 | 66 | 56 | 50 | 99 | 91 | 76 |
| 2017 | 58 | 176 | - | 53 | 135 | 206 | 75 | 65 | 118 | 78 | - | 100 | 106 |
| Number of homes added to the market in Modesto, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2024 | 12 | 13 | 18 | - | - | - | - | - | - | - | - | - | 43 |
| 2023 | 5 | 11 | 11 | 7 | 9 | 12 | 7 | 9 | 9 | 8 | 10 | 6 | 104 |
| 2022 | 11 | 14 | 11 | 9 | 9 | 9 | 13 | 12 | 7 | 8 | 3 | 7 | 113 |
| 2021 | 7 | 5 | 8 | 7 | 5 | 13 | 6 | 9 | 10 | 11 | 8 | 8 | 97 |
| 2020 | 1 | 3 | 6 | 3 | 4 | 2 | 4 | 6 | 3 | 2 | 3 | 8 | 45 |
| 2019 | 7 | 3 | 7 | 7 | 8 | 5 | 4 | 4 | 6 | 2 | 5 | 3 | 61 |
| 2018 | 3 | 3 | 4 | 5 | 1 | 7 | 9 | 9 | 6 | 5 | 1 | 4 | 57 |
| 2017 | 3 | 2 | 3 | 2 | 1 | 3 | 5 | 2 | 4 | 2 | 1 | - | 28 |