The Average San Joaquin County Home Sold for a Higher Price Year Over Year

The median sale price for a single-family home in San Joaquin County in November was $550,000. This represents a 20.9% increase from November 2020, according to localized USA TODAY Network analysis generated with data from real estate

The number of homes sold increased by 11.1% over the previous year. A total of 939 homes were sold across the county during the month of November. During the same period a year earlier, 845 single-family homes had been sold.

Real estate sales can take weeks or months to register and collect. This is the latest data made available by at USA TODAY Network.

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Condos and townhouses sold in November had a median sale price of $255,000, similar to the previous year. In San Joaquin County, 34 were sold, up 13.3% from the previous year.

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The top 10% of properties sold had prices of at least $884,500, up 33% from the previous year.

In November, 47 properties sold for $1 million or more: 44 single-family homes, one condominium or townhouse and two other properties.

The median home sale price – the midpoint of all homes or units sold over a given time period – is used in this report instead of the average home sale price, because experts say the median offers a more precise view of what is happening in a market. To find the average price, all the prices of houses sold are added together and then divided by the number of houses sold. This measure can be distorted by a low or high price.

The USA TODAY Network publishes localized versions of this story on its news sites across the country, generated with data from real estate Localized versions are generated for communities where data quality and transaction volume meet and USA TODAY Network standards. The story was written by Sean Lahman.

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