Blog > Real Estate Market Report - Turlock, CA (Nov, 2023)
Current Market Condition
118
Active Listings
58
Pending Listings
$549,950
Median List Price
The median sale/list price for homes is expected to increase from $425,000 in November 2022 to $495,000 in October 2023, according to the first set of data. Meanwhile, the second set of data shows a more volatile trend, with the median sale/list price fluctuating between $385,000 and $490,000 over the same period.
Median Sale/List Price
The median sale price per square foot shows a steady increase from November 2022 to June 2023, with a peak in July 2023 at $305.915. However, there is a slight dip in August 2023 before the price stabilizes around $300 in the following months.
Median Sale Price per Square Foot
The median sale price to list price ratios are consistently at 1.0 from November 2022 to June 2023, indicating that homes are selling for the full asking price. However, there is some slight variation in the following months with ratios hovering around 0.99 to 0.98, suggesting that buyers may have more negotiating power during these times.
Median Sale Price to List Price Ratio
The number of properties sold/listed rose steadily from November 2022 to May 2023, with a peak of 137 in June 2023. However, there was a slight decline in the number of properties sold/listed from July to October 2023. The number of properties listed was consistently lower than the number of properties sold.
Properties Sold/Listed
