MODESTO -- Stanislaus County home sales prices took a nose-dive in February, falling back to summer's level.
The median-priced home sold for $141,500 last month, down from the $150,000 median that had held the three previous months, according to DataQuick sales statistics.
The number of homes sold also dropped, as did the sales price per square foot. Only 463 Stanislaus houses and condos sold last month, which was 15.5 percent less than in February 2012. The price paid per square foot was $93 last month — $1 less than in January.
Stanislaus prices remain higher than a year ago, when median home prices were near their recession low of $126,000. Prices rose steadily in the spring, summer and fall, then held steady from November through January.
Home prices elsewhere in California fared better during February.
In San Joaquin County, the median held at $175,000 last month, the same as in January.
Statewide, the median sales price was $289,000, down $1,000 from January.
Prices in San Francisco continue to increase: The median hit $700,500 last month.
In Tuolumne County, where prices can vary dramatically from month to month depending on which of its mostly custom homes sell, February was a down month. The median sales price was $140,000, which was $19,000 less than January and the same price as a year ago.
Merced County prices were not available from DataQuick.
Bee staff writer J.N. Sbranti can be reached at jnsbranti@modbee.com or (209) 578-2196.
Home Sale Prices for February
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