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Stockton is passing through a growing moment in foreclosure market. Nowadays, we have 161 foreclosures available in the city. And compared to last month things got easier for those who want to invest, with more foreclosures in the market and more chances of deals. Stockton started September with 273 foreclosures available. October registered a fall to 245 homes, or -10.26%. The city had another down in November: -12.65%, leaving 214 properties in the market. Things got worse in December with a drop to 185 homes in foreclosure available (-13.55%). Opportunities kept scanty for buyers last month, with another fall, when Stockton registered 100 foreclosures, a 45.95% drop comparing to December.
As for the cost, Stockton has a small difference in prices comparing to all US. Nowadays, investors can buy foreclosure homes in Stockton for $121,462, a value 28.87% below the US average price ($170,757), and a 3.14% increase compared to the prices of January in the city.