Modesto CA Real Estate
Welcome to Modesto California
 Modesto is the county seat of Stanislaus County. The current census estimates place the population of Modesto at about 206,300. Modesto is almost in the center of the state and is about one and a half hours from Sacramento, California's capital city, and two hours from both San Jose and San Francisco. Modesto's proximaty to these larger cities has turned this once sleepy agriculturally based city into a bedroom community. In fact, over twenty percent of the workforce travels outside of the county to their place of employment.
The city of Modesto is located on the Tuolumne River and is also bordered by the Stanislaus and San Joaquin rivers. According to the United States Census Bureau, the city has a total area of 93.1 km² (36.0 mi²). 92.7 km² (35.8 mi²) of it is land and 0.4 km² (0.2 mi²) of it is water. Which means that if you are looking for a home on a lake or river you will find plent available. Modesto's international character can also be seen in its five officially recognized sister cities. They are Kurume, Japan; Vernon, Canada; Vijayawada, India; Aquascalientes, Mexico; and Khmelnytskyi, Ukraine.
Where did the Name come from?
Modesto, was originally a stop on the railroad connecting Sacramento to Los Angeles. It was founded in 1870 and was to be named for William Chapman Ralston, its founder and the financier of many projects in early California. At the cities dedication someone suggested that the city be named after him, however; he declined the suggestion and a Spanish-speaking railroad worker at the naming ceremony said that Ralston was "Muy modesto" or very modest. Which is where the name Modesto came from. Modesto's official slogan is "Water Wealth Contentment Health," which is emblazoned on a large arch uptown that has been immortalized in many photographs. A contest was run in 1911 to determine the slogan. The original winning slogan was: "Nobody's got Modesto's goat". The second place entry was the final winner, luckly.
Modesto Real Estate
Over the last Six years the Modesto CA real estate market has gone through a major growth swings with many areas seeing 100% to 300% increases in Value! Unfortunately, over the last 18 months the market has been in a bit of a decline, with most areas seeing double digit depreciation. Below you will see the most recent sales data from all the major cities and areas in Stanislaus County. What you will find is the 12 month sales history plus the percentage of change for each city...
Stanislaus County
Home Sales |
Total Sales by City |
Feb 2008 |
Jan 2008 |
Percent Change |
| Ceres |
28 |
$257,750 |
$355,250 |
-26.56 |
| Denair |
5 |
$224,000 |
$350,000 |
-47.04 |
| Hughson |
5 |
$300,000 |
$332,500 |
-9.77 |
| Keyes |
3 |
$265,000 |
$353,750 |
-25.09 |
| Modesto |
175 |
$221,500 |
$337,000 |
-34.27 |
| Newman |
3 |
$215,000 |
$379,995 |
-43.42 |
| Oakdale |
32 |
$300,000 |
$345,000 |
-13.04 |
| Paterson |
33 |
$265,000 |
$422,750 |
-37.32 |
| Riverbank |
22 |
$264,000 |
$320,000 |
-17.50 |
| Salida |
14 |
$230,000 |
$320,000 |
-28.13 |
| Turlock |
46 |
$266,000 |
$395,000 |
-32.66 |
| Waterford |
9 |
$219,000 |
$370,318 |
-40.86 |
Total Sales for
Feb 2008 |
376 |
$250,250 |
$355,250 |
-29.56% |
As you can see from the recent sales figures the Stanislaus County market has been in a decline. It just might be one of the best times in recent years to start seriously checking out the Modesto Foreclosure listings. On our site you won't just have access to Stanislaus County Foreclosures but to Foreclosure homes from all over the U.S... Over 30,000 listings!
Bob Crain
760-703-5090
Realty Executives
5140 Avenida Encinas
Carlsbad CA 92008
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