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

$645,000

$318/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$31,668(+5.2%)

Key Takeaway

Homes in San Joaquin County have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in San Joaquin County was $645,000 in October 2024, up 5.2% from last month, and the median price per square foot was $318.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $247K-
N/A
2 $415K$371.4K
-10.5%
3 $579K$570K
-1.6%
4 $652.1K$674.5K
+3.4%
5+ $772K$780K
+1.0%

Summary: San Joaquin County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 1%.

Housing Supply in San Joaquin County, CA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
418436+4.3%

Summary: The San Joaquin County real estate market had 436 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 4145
+9.8%
3 144138
-4.2%
4 165180
+9.1%
5+ 6268
+9.7%

Summary: The San Joaquin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 9.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9787-10.3%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Joaquin County, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.

Summary: A total of 87 homes were sold or pending in San Joaquin County in October 2024, down by 10.3% month-over-month. Of the 79 sold homes, 56% were sold under asking, 16% were sold at asking, and 28% 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

Sep 2024Oct 2024CHANGE
28 Days31 Days+10.9%

Summary: Homes in San Joaquin County had an average of 31 days on market in Oct 2024, up by 10.9% compared to last month.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

3 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 October 2024, 87 homes were sold in San Joaquin County; 49% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

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