Real Estate Market Update for Galt, CA
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 7% from one year earlier, and down 4% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold increased 20% year-over-year, and increased 64% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Galt, CA
Area Information for Galt, CA
  • Population: 24,257
  • Median Age: 32.63 yr
  • Median Commute Time: 27.9 mins
  • Educational Climate*: 3
  • Sales Tax: 8.5%
  • Population Density: 4,090/sq mi
  • Population Change Since 2000: 21.28%
  • Closest Airport: Stockton Metropolitan
  • Closest College: Bethany University
  • Closest Jr. College: Cosumnes River College
  • Median Household Income: $60,331
  • Annual Residential Turnover: 17.29%
  • Median Years in Residence: 3.93 yr
  • Median Home Sales Price: $154,800
  • Closest Major Sports Team: Sacramento River Cats
  • Change Avg. Household Income Since 2000: 30%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Galt, CA
Median Age: 32.63 Married: 34% Number of Households: 7,386 Households with Children: 3,320
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Galt, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Liberty Ranch High School 2.0 mi Public 9-12 3-5 0
      Estrellita Continuation High School 2.0 mi Public 9-12 1 3
      Mccaffrey Middle School 2.3 mi Public 7-8 3-5 4
      Marengo Ranch Elementary School 2.4 mi Public K-6 3-5 5
      River Oaks Elementary School 2.7 mi Public K-6 3-5 4
      Lake Canyon Elementary School 3.0 mi Public PRESCHOOL-6 3 4
      Galt High School 3.4 mi Public 9-12 3 2
      Mayflower Academy 3.5 mi Private 1-12 0 0
      Galt Adventist Christian 3.5 mi Private K-8 0 5
      Fairsite State Preschool And School Readiness Center 3.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Galt Christian School 3.8 mi Private K-8 0 3
      Valley Oaks Elementary School 4.0 mi Public K-6 2 2
      New Hope Christian School 4.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Vernon E. Greer Elementary School 4.4 mi Public K-6 3 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Galt, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.