Homes in San Joaquin County sold for higher prices recently: See how much here
Newly released data from Realtor.com for March shows that potential buyers and sellers in San Joaquin County saw higher home sale prices than the previous month's median of $501,000.
The median home sold for $519,000, an analysis of data from Realtor.com shows. That means March, the most recent month for which figures are available, was up 3.6% from February.
Compared to March 2024, the median home sales price was down 10.6% compared to $580,500.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.recordnet.com.
Here is a breakdown on median sale prices:
Looking only at single-family homes, the $525,000 median selling price in San Joaquin County was up 2.9% in March from $510,000 the month prior. Since March 2024, the sales price of single-family homes was down 10.9% from a median of $589,000.Eighteen single family homes sold for $1 million or more during the month, compared to 84 recorded transactions of at least $1 million in March 2024.
Condominiums and townhomes decreased by 13.4% in sales price during March to a median of $281,500 from $325,000 in February. Compared to March 2024, the sales price of condominiums and townhomes was down 21.8% from $360,000. Five condominiums or townhomes sold for $1 million or more during the month, compared to six recorded transactions of at least $1 million in March 2024.
In March, the number of recorded sales in San Joaquin County dropped by 25.8% since March 2024 — from 624 to 463. All residential home sales totaled $263.7 million.
Across California, homes sold at a median of $750,003 during March, a slight increase from $744,894 in February. There were 24,738 recorded sales across the state during March, down 4.5% from 25,904 recorded sales in March 2024.
Here's a breakdown for the full state:
The total value of recorded residential home sales in California increased by 10.4% from $26.8 billion in February to $29.6 billion this March.
Out of all residential home sales in California, 34.26% of homes sold for at least $1 million in March, up from 30.91% in March 2024.
Sales prices of single-family homes across California increased by 2.2% from a median of $743,292 in February to $759,972 in March. Since March 2024, the sales price of single-family homes across the state was up 5% from $723,575.
Across the state, the sales price of condominiums and townhomes dropped 3.1% from a median of $748,400 in February to $725,055 during March. The median sales price of condominiums and townhomes is slightly up from the median of $719,833 in March 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on The Record: Homes in San Joaquin County sold for higher prices recently: See how much here
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