Tuesday, January 3, 2017

Market Trends for Tracy and Mountain House

Market Stats for December

HAPPY NEW YEAR 2017! The following information is from the local MLS database, as of January  3, 2017 and is compared to (December 1, 2016).   Prices are staying steady this month and appear to be coming up some! The amount of listings are slowing way down as well. But demand is still strong and good homes get multiple offers especially homes priced under $400,000 and the higher priced homes are taking longer to sell.  We only have a 1.8 months supply of inventory.  A healthy market has 6 months supply. Prices are increasing as a result of this but appraisals are not keeping up. Be very careful if you or your buyer removes their appraisal contingency.  Buyers are still eager to buy and they are watching the new listings as they hit the market. And with fewer choices buyers are competing to get their offers accepted.   Interest rates are fluctuating up and down with 30 yr fixed at 4.35% and FHA/VA at 3.75%. 15 yr is 3.375. Still the lowest rates! NEW for 2017---FHA loan limits have risen in San Joaquin County to $362,250! New home construction projects are popping up more in the area and even though the prices are a little higher, there are still good deals out there in the new communities. The largest one is the Ellis Community.  Don't forget...We can represent you with the new home builders too!  Don't go with out being represented!
   If you have been on the Fence about selling your home then NOW is still the time to sell. We need more listings! We only have a 1.8 month supply of homes to sell.  This is a serious SELLER'S MARKET and buyer in these months are serious buyers.   If you are curious to see how much equity you have in your house, give us a call for a market analysis! 209-833-7777 e-mail is sales@tracyhomes.com. Or go to www.TracyHomeValue.com to get an automated market analysis. 
Tracy, CA
ACTIVE STATUS
Total # of residential properties for sale in the city of Tracy: 98 (123)
# of REO (foreclosures): 1 (3)
# of Short Sales: 6 (7)
Average # of days on market: 53 (50)
#New Construction:  16
The median price of all homes for sale in Tracy: $512,475 ($499,500)
PENDING STATUS
Number of properties currently under agreement: 90 (149)
# of REO: 1 (3)
# of Pending Short Lender Approval: 8 (8)
# of New Construction:  9
Median pending price: $422,500 ($419,000)

SOLD STATUS
Residential property sold over previous 30 days: 101 homes (91)
REO's sold in the last month: 3 (2)
Short sales sold in the last month: 2 (1)
Median sale price: $415,000 ($417,000)
# of New Construction:  4
Median # of days on the market:  18 (16)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 16 (30)
# of REO (foreclosures): 0 (1)
# of Short Sales: 0 (0)
# of New Construction: 2 (3)
Average # of days on market: 51 (30)
The median price of all homes for sale in Mountain House: $589,200 ($609,000)

PENDING STATUS

Number of properties currently under agreement: 35 (36)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 6
Median pending price: $529,000 ($529,000)

SOLD STATUS

Residential property sold over previous 30 days: 18 homes (35 homes)
REO's sold in the last month: 1 (1)
Short sales sold in the last month: 0 (0)
New Construction sold: 1
Median sale price: $515,000 ($515,000)
Median # of days on the Market: 21  (18)
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HOMES SOLD IN TRACY IN DECEMBER
Take a look at this chart to see the SOLDS in Tracy for December.  Call us for a free Market Analysis on your home!  209-833-7777.
  Address      Beds  Baths    Sq Ft  List   Sell   DOM 
605 PresidioPl43 (2 1)294551900050500020 
147 James W SmithDr33 (2 1)196945000044500034 
922 WestSt21 (1 0)99224000023500056 
744 Twin OaksDr3 (4)3 (3 0)260345000045000045 
327 Glenbriar Cir 42 (2 0)230048500045800060 
2880 GomesCt33 (2 1)17783599503440008 
1226 GentryCt53 (2 1)213043995043995049 
2634 Castle HavenCt54 (4 0)317860890060500061 
855 Kings CanyonCt43 (2 1)208041299042700042 
220 HawthorneDr32 (2 0)108632999534000021 
546 RockinghamWay33 (2 1)197339950038000081 
2510 LincolnBlvd32 (2 0)144336999937000069 
1650 SpringCt33 (2 1)163038000037300023 
2925 ButlerDr43 (2 1)159836900037300043 
2325 AbbottCt43 (2 1)212044500044000013 
834 ChristyCt43 (3 0)205245000044900049 
455 PeerlessWay22 (1 1)116620490020700047 
1530 LocustDr43 (3 0)226144700045200031 
455 HelenAve32 (2 0)155533495033495021 
1800 MesquiteCt43 (3 0)245141900043000054 
1541 McDermottDr32 (2 0)124532500032500039 
1675 Court 31 (1 0)10802700002700006 
429 ToniLn32 (2 0)133734995035600032 
545 PresidioPl54 (4 0)325152100052100018 
1945 GibsonCt53 (3 0)276651000051000033 
530 HavenwoodCt43 (3 0)294451990051500038 
1117 RusherSt42 (2 0)130736000035750021 
4204 LindseyLn4 (5)3 (3 0)297751970052000021 
2966 OrmondeSt33 (2 1)187838500038500051 
454 GlenbriarCir42 (2 0)204945000045000018 
1441 WallSt33 (2 1)180838900038000090 
2106 Isabel VirginiaDr43 (2 1)17394490004480009 
1621 CoupePl32 (2 0)124528850027000043 
2545 MonroeSt43 (3 0)29174399004073449 
494 HotchkissSt43 (3 0)195039500039500063 
1070 EastlakeCir44 (3 1)305455085055000017 
2483 LotusWay44 (3 1)351158990058990017 
338W21stSt31 (1 0)108429990030000018 
4520 GlenbrookDr43 (3 0)244745000044500044 
1311 StandridgeCt42 (2 0)133935499935200015 
1720 FoxwoodDr43 (2 1)228546990047000060 
2514 LotusWay44 (3 1)290755990054700089 
28165SChrismanRd32 (2 0)245049900049000012 
60 YosemiteDr32 (2 0)11673300003430006 
11895WCloverRd21 (1 0)9863499504000008 
40 YosemiteDr32 (2 0)10403250003360005 
2534 LotusWay44 (3 1)351159990059590082 
21727SCorral HollowRd21 (1 0)83738000036000051 
2186 WynngateCt23 (2 1)108028900028900017 
1159 Mamie AndersonLn43 (2 1)178942900041500058 
1789 Foothill VistaDr3 (4)3 (2 1)21714400004400005 
570 Tenth 32 (2 0)15663299993400009 
1286 GentryCt53 (2 1)213040990041000090 
1445 CypressDr32 (2 0)112027990030500082 
445 MahoganyLn3 (4)2 (2 0)13123490003610005 
2301 EastSt22 (1 1)1092189000180000105 
85EDEERWOODDr3 (4)2 (2 0)13123858883858884 
7831WLinneRd32 (2 0)1771463000454000101 
175 CountryCt43 (3 0)19454399504350005 
430 HotchkissSt33 (2 1)17143599003670004 
1598 TamariskLn53 (3 0)24144588004660006 
1868 PonderosaDr44 (3 1)351160390060067323 
35 WimbledonLn43 (2 1)246945500046000013 
1660 Horse ShoeLoop43 (3 0)22104300004250007 
2110 jenniLn53 (2 1)2811469000467000137 
1468 Michael Drive 53 (3 0)244343999944500015 
774 Mount Rushmore 4 (6)3 (3 0)28885045005100002 
931 GlencreekDr43 (2 1)17053849503850005 
1374 Tom FowlerDr53 (2 1)20294450004350004 
1955 BirchwoodCt53 (3 0)279048990048700011 
227W22ndSt42 (2 0)15173500003350008 
450WWhittierAve3 (5)2 (2 0)159930000027250098 
1040 AmarettoDr31 (1 0)1000290000300000216 
1096 LourenceDr33 (2 1)15473999504050008 
1714 Ray WiseLn42 (2 0)17204024804030004 
16 PereiraAve43 (3 0)22243899503899501 
529 New HavenDr54 (4 0)31785890005560003 
427WWhittierAve22 (2 0)1431266900266900113 
1985 Pheasant RunCt32 (2 0)131536500036500022 
122 AlbertCt33 (2 1)149138500039500013 
3112 ZacharyCt53 (3 0)299949999948500028 
4163 PaytonLn44 (3 1)340661300060800033 
1483 SouzaPkwy4 (5)3 (3 0)327949995051500011 
1540 GriffithPl43 (2 1)156737995041900011 
2437 StalsburgDr3 (4)3 (3 0)264149990048000013 
382 CharlemagneCt33 (2 1)137339900039900040 
751 AlexandraDr33 (2 1)17053850003850004 
211SCentralAve32 (2 0)135133900036000012 
481 BaldwinCt4 (5)3 (3 0)238945500045500013 
3117 OrmondeSt53 (3 0)244345788844500010 
4617 BonsaiAve43 (2 1)234146500046100016 
531 RenaissanceDr43 (3 0)19504100004100004 
1523 WallSt32 (2 0)137629995030800013 
2473 ColbyCt53 (3 0)24274490004710005 
441 HotchkissSt43 (3 0)19503950003900005 
1340 Whispering WindDr54 (4 0)371253000051000019 
1430 AutumnLn33 (2 1)190242490043000033 
2041 Bridle CreekCir32 (2 0)15573585003850005 
1401 W Lowell 32 (2 0)19263570003670003 
2045 TahoeCir33 (2 1)20564399504200007 
2399 AnitaCt5 (7)6 (5 1)41786550006600007 

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