Is San Joaquin County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Joaquin County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, San Joaquin County has remained a Seller's Market.

Key Takeaway

San Joaquin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in San Joaquin County, CA

How much do homes in San Joaquin County, CA cost?

Median Sold Price

$657,473

$324/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$54,973(+9.1%)

Key Takeaway

Homes in San Joaquin County have sold for 9.1% more than they did a month ago.

Summary: The median home sold price in San Joaquin County was $657,473 in April 2024, up 9.1% from last month, and the median price per square foot was $324.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$170K
N/A
2 $360K$352.5K
-2.1%
3 $521.4K$500K
-4.1%
4 $698.7K$757.5K
+8.4%
5+ $870.5K$794K
-8.8%

Summary: San Joaquin County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 8.8%.

Housing Supply in San Joaquin County, CA

How many homes are available in San Joaquin County, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
333335+0.6%

Summary: The San Joaquin County real estate market had 335 homes for sale in April 2024, a 0.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 2929
0.0%
3 10297
-4.9%
4 135145
+7.4%
5+ 6361
-3.2%

Summary: The San Joaquin County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 3.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
8879-10.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

42 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Joaquin County, you could pay more than the asking price. 55.3% of homes here sold above asking price last month.

Summary: A total of 79 homes were sold or pending in San Joaquin County in April 2024, down by 10.2% month-over-month. Of the 76 sold homes, 28% were sold under asking, 17% were sold at asking, and 55% were sold over asking.

Days on Market for San Joaquin County, CA

How long does it take to sell a home in San Joaquin County, CA?

Average Sale Time

Mar 2024Apr 2024CHANGE
34 Days39 Days+14.3%

Summary: Homes in San Joaquin County had an average of 39 days on market in Apr 2024, up by 14.3% compared to last month.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Joaquin County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 79 homes were sold in San Joaquin County; 62% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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