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Property Values in Stockton

13,745 Green Dots in Stockton

January 19, 2010 By Ryan Lundquist Leave a Comment

How many sales were there in Stockton over the past three years? The answer is 13,745, and I’ve graphed them below for your viewing pleasure. What stands out to you about the plotted green points? Do you notice any trends?

Sales in city of Stockton under 1 million dollars 2007 to 2010 Trend Graph by Lundquist Appraisal Company

This graph takes a view of the entire city of Stockton and is based on information in MLS for all single family detached sales (green dots) under $1,000,000. It’s interesting to note a dramatic change in the market beginning in the latter part of 2007. There had previously been few properties sold under $100,000, but that certainly shifted, didn’t it? It looks like the upper end of the market began to get squeezed harder around that time too. If you remember, housing inventory levels in the market increased drastically in the latter part of 2007, so we saw a steep decline in property values because of the vast oversupply of houses for sale (and therefore more agrressive pricing to compete against each other for available buyers).  

City of Stockton Real Estate Market Data:

  • 13,745 sales in Stockton over the past 36 months (SFR detached)
  • 1,679 sales between 01/20/2007 – 01/19/2008
  • 5,924 sales between 01/20/2008 – 01/19/2009
  • 6,142 sales between 01/20/2009 – 01/19/2010
  • 1,172 sales in the past 90 days
  • 580 current actives
  • 730 current active short sales
  • 866 current pendings
  • 75% of all sales over the past year were bank-owned
  • 11.5% of all sales over the past year were short sales

Keep me posted if you have any questions about the data above. You are welcome to comment below as well as share insight about life or the real estate market in Stockton CA. If you do have a need for a narrowed property research, property tax appeal or a real estate appraisal in the Stockton area, please contact me at 916-595-3735 or ryan@lundquistcompany.com.

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Filed Under: Market Trends Tagged With: City of Stockton, Decline of property value in Stockton, Home Appraiser in Stockton, House Appraiser in Stockton, Listings in Stockton, Property Values in Stockton, Real Estate Apppraiser in Stockton, Real Estate Appraisal in Stockton, Real Estate Market in Stockton, Sales in Stockton 2007-2010, Stockton Property Values, Trend Graph of Stockton Sales

Local Landmarks: The Ripon Water Tower (San Joaquin County)

March 4, 2009 By Ryan Lundquist Leave a Comment

I snapped the photo below the other day when going to Modesto for an inspection (yes, while driving – kids, don’t try that at home). This is the Ripon Water Tower and it’s an easy landmark to spot because of its large size and location right next to Highway 99. Ripon is located South of Stockton and just North of the Stanislaus County line (click HERE for map).

ripon-pic

I am always intrigued by landmarks, design, bridges, houses, and other structures. What landmarks exist in your community? What do you think locals as well as passersby notice in your area when driving along the freeway or one of the main streets? 

Ripon Information:

  • City of Ripon Website
  • Ripon Wikipedia Page
  • More Pictures of Ripon Water Tower
  • Picture of Ripon Water Tower During Construction
  • Ripon Record Newspaper
  • Other: Website with photos of Sacramento Region water towers

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Filed Under: Photos from the Field Tagged With: Decline in Property Value in Stockton, Modesto Property Values, Modesto Real Estate Appraisal, Modesto Real Estate Appraiser, Property Values in Stockton, Ripon Market Trends, Ripon Real Estate, Ripon Real Estate Appraisal, Ripon Real Estate Appraiser, Ripon Water Tower, Stockton market trends, Stockton Real Estate Appraisal, Stockton Real Estate Appraiser

The Lowest Priced House on MLS (Sacramento Region)

February 23, 2009 By Ryan Lundquist Leave a Comment

This blog will host a “Lowest Priced House on MLS” category because it’s always interesting to answer the question, “should I buy this house or should I buy a car instead?” Yep, the prices are often that low.  

And the winner is…. $12,500.

90007208

620 E 4th Street, Stockton CA is for sale at $12,500. Per Tax Records, this property was built in 1936, has 1025 square feet of living area, 2 bedrooms, 1 bathroom, and a lot size of 3,920 square feet. So why is it priced so low? Well, it looks like it had a little fire damage to say the least.

It is a banked owned property and has been listed on the market for 142 days total with three separate Listing Agents. The property has been priced for only 21 days at $12,500 and appears to have generated a contract at least once (but back to Active status now). I’ll put you into contact with the Listing Agent if anyone is interested in forking out $12,500 greenbacks – it’s an all cash deal because of the condition (no, I don’t know the Agent).

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Filed Under: Appraisal Stuff Tagged With: Bank Owned, City of Stockton, Fixer, Lowest Price on MLS, Property Values in Stockton, Stockton Appraiser, Stockton Real Estate Appraisal, Stockton Real Estate Appraiser

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Disclaimer

First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

Please see my Sharing Policy on the navigation bar if you are interested in sharing portions of any content on this blog.

The information on this website is meant entirely for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation, tax appeal or any other potential real estate or non-real estate purpose. The material found on this website is meant for casual reading only and is not intended for use in a court of law or any other legal use. Ryan will not appear in court in any capacity based on any information posted here. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose or valuation consulting, please contact Ryan at 916-595-3735 for more information.

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