Rock-bottom, what does it mean? Where does Stockton, CA fit into affordability? Well, I can tell you some good news. Stockton is not #1 on the least Affordability List, but on the other hand it is not on the #1 Affordable list either. I was actually somewhat surprised (and Happy) to find out that we are somewhere in the middle of the Least Affordable place to live ~ since we held the #1 position on the worst foreclosure record in America. God Bless America!
If you recall Stockton, CA was labeled on a recent 60 Minute show as Ground Zero... the Foreclosure Capital. 
See my post: Ground Zero.... the Foreclosure Capital of America! Stockton, CA.
So I want take this time to say right on Stockton, CA - Hold your own. One day this too shall past and we will be on the right side of Affordability and our Foreclosures will decrease in numbers that will get us another headline ~ to read something like: "Stockton, CA Recovers from the Foreclosure virus!" Hopefully, this will happen in early 2008, so we'd better a movin'.
One thing about rock-bottom... the only way out is UP!
Least Affordable | |||
City | State | Price | Income |
CA | $525,000 | $56,200 | |
CA | $620,000 | $78,300 | |
CA | $475,000 | $64,900 | |
NY | $500,000 | $59,200 | |
CA | $360,000 | $54,400 | |
CA | $391,000 | $57,500 | |
CA | $415,000 | $57,100 | |
CA | $750,000 | $91,200 | |
CA | $293,000 | $47,000 | |
CA | $370,000 | $65,400 | |
Stockton, CA is located in San Joaquin County. See how the county rate. 
We still need them to
Sales Statistics | ||
Realist's most recent recording date for this county is 02/19/2008 |
| Single Family Residence | ||
| Time Period | Number of Sales | Median Sale Price |
| Jan 2008 | 351 | $305,000 |
| Jan 2007 | 517 | $410,000 |
| Dec 2007 | 480 | $328,250 |
| Dec 2006 | 746 | $437,000 |
| 2008 YTD | 471 | $299,000 |
| 2007 | 5,862 | $385,000 |
| Condominium | ||
| Time Period | Number of Sales | Median Sale Price |
| Jan 2008 | 13 | $139,500 |
| Jan 2007 | 28 | $227,477 |
| Dec 2007 | 17 | $250,000 |
| Dec 2006 | 52 | $355,500 |
| 2008 YTD | 15 | $168,000 |
| 2007 | 278 | $200,000 |
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Mother and Daughter Team-Residental: Buyers, 1st Time Buyers, Sellers, New, Resale, Short Sales, Foreclosures,REOs, Relocation. CALL @ 866-750-8282 / TEXT 209-346-9806 www.motheranddaughterrealty.com
Snapshot: Active Listings in Stockton, CA (BO vs SS)
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2231 Addison Avenue, E. Palo Alto, CA 94303
5029 Hobart Avenue, Stockton, CA 95215
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in the lower end that market is stabilizing because people are getting into bidding wars
Rosemary: I see you have listed quite a few short sales. Are they closing? What is the time frame?