MODESTO — After steadily climbing throughout the summer and fall, median home sales prices dipped in December.
Stanislaus County's median sales price fell to $147,500, down $2,500 from November. But prices were 13.5 percent higher than December 2011, according to DataQuick statistics.
The pattern was the same in San Joaquin County, where the median home sales price was $187,000 in December. That was down $2,000 from November, but it was 20.6 percent higher than what homes sold for in December 2011.
Prices continued to jump in Tuolumne County last month, however, as the median home sold for $180,000. That was up 12.5 percent from the year before.
Homes in Ripon fetched the highest prices in the region, selling for a median $295,000 last month. That was a more than 57 percent increase in one year. Ripon houses sold for a median $120 per square foot in December.
Newman homes were among the lowest priced, selling for a median $92,500 in December. That was nearly 20 percent less than the year before. Newman houses sold for a median $67 per square foot in December.
Bee staff writer J.N. Sbranti can be reached at firstname.lastname@example.org or (209) 578-2196.
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