Manteca Real Estate Market - View Manteca Real Estate Market Trends in California

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Manteca. Low rates with historically low home prices makes a home purchase a great value! Call now for more information at 209-740-0767
Average Home Price	$200,000 - View Graph Trend

Average Price Compared to Last Year	Up 0-5%

Average Time on Market	10-30 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	Increasing

Market Trend	No Change

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Manteca is	No Change

Seller Activity for the past 90 days in Manteca is?	No Change

Multiple Offers?	Yes

Multiple Offers Commentary	Many homes, if in good to average condition can recieve as many as 20 offers within the first one to two weeks on the market.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	More than 50%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	I have a wonderful lender I work with that has the business acumen and professionalism to close deals on time. Many lenders right now are so bogged down in their own miriad of issues that they forget that the buyer is a client and deserves quality and competant service. My lender delivers on both fronts.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Manteca home values continut to remain constant with a season slow down in demand thru Decemeber expected. Given that, while foreclosures will not be as prevalent thru the winter, short sales will be available and will represent a terrific opportunity to buy for those buyers who want to escape some of the frenzied cometition of the summer months.

Greatest Activity	First Time Buyers

Reason to Buy/Sell	Manteca continues to attract buyers because of its qualify of life. Good schools, great wheather and proximity to all destinations in Norther California make Manteca a very desirable place to purchase. Lower prices with good selection and competitive interest rates creates a perfect time to buy in Manteca!

Nearest Metro Area	Stockton

Housing Hot Spots	Most cities within the San Joaquin County area are considered 'Housing Hotspots'

Average Sold Price	$200,000 - View Graph Trend

Manteca Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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