Friday, June 2, 2017

Market Stats for Tracy and Mountain House

Local Market Trends for May

The following information is from the local MLS database, as of June 1, 2017 and is compared to(May 1, 2017).   Prices are climbing again this month due to the lack of inventory! The amount of listings coming on are replacing the homes coming off. 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 1.2 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 yrfixed at 4.25% and FHA/VA at 3.75-4.0%. 15 yr is 3.375. Still the lowest rates! 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 1.2 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: 103 (100)
# of REO (foreclosures): 2 (1)
# of Short Sales: 3 (2)
Average # of days on market: 27 (19)
#New Construction:  14
The median price of all homes for sale in Tracy: $524,950 ($479,950)
PENDING STATUS
Number of properties currently under agreement: 145 (128)
# of REO: 3 (0)
# of Pending Short Lender Approval: 4 (6)
# of New Construction:  8
Median pending price: $450,000 ($432,450)

SOLD STATUS
Residential property sold over previous 30 days: 105 homes (78)
REO's sold in the last month: 3 (3)
Short sales sold in the last month: 0 (1)
Median sale price: $445,000 ($450,000)
# of New Construction:  6
Median # of days on the market:  9 (12)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 12 (22)
# of REO (foreclosures): 0 (0)
# of Short Sales: 0 (0)
# of New Construction: 3 (3)
Average # of days on market: 14 (13)
The median price of all homes for sale in Mountain House: $617,450 ($614,500)

PENDING STATUS

Number of properties currently under agreement: 38 (45)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 3
Median pending price: $577,444 ($579,900)

SOLD STATUS

Residential property sold over previous 30 days: 29 homes (24 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 1 (0)
New Construction sold: 1
Median sale price: $640,000 ($547,500)
Median # of days on the Market: 45  (10)
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HOMES SOLD IN TRACY IN MAY
Take a look at this chart to see the SOLDS in Tracy for May.  Call us for a free Market Analysis on your home!  209-833-7777.

  Address  BedsBathsSq Ft     List     Sell  DOM 
18555SMacArthurDr2 (3)1 (1 0)1170350000350000221 
28295 Jack GodwinWay54 (3 1)3017615000610000232 
3942 SummitDr43 (3 0)2809555900540000197 
4080 ComstockPl44 (3 1)3379619900594900130 
1858 PonderosaDr43 (3 0)3235579900575066152 
2516 MiaWay44 (3 1)371961979070212626 
1485EGrant LineRd31 (1 0)90032500032540042 
4122 FlintLn54 (4 0)333159900060000076 
2931 Ponte MiraWay32 (2 0)141638500038000025 
2556 MiaWay44 (3 1)367762990061500077 
2865 GeorgiaDr43 (2 1)177841500040500037 
1480 AndrewSt33 (2 1)145439000039500049 
341 BaldwinLn43 (3 0)238946000045000034 
4574 LindseyLn3 (4)3 (3 0)258854000053000050 
2012 EastSt42 (2 0)115736995035600044 
30773STracyBlvd3 (4)2 (2 0)163456900058500027 
1441 KyleCt43 (3 0)21584400004000004 
1813 EgretDr53 (3 0)296153990053990014 
2515 MiaWay32 (2 0)229956390054999949 
3208 HuttonPl5 (6)5 (4 1)463394995095000068 
1822 PeriwinkleDr53 (3 0)249549000047100045 
1356 EagleSt43 (3 0)258253000053000037 
135E21stSt31 (1 0)127233990033000035 
366 Darlene Lane 4 (5)2 (2 0)204944500043500034 
21E3rdSt1 (3)1 (1 0)154715000018350017 
1976 CalaverasCt43 (2 1)214744990043200035 
21ESouthSt32 (2 0)141231500029500039 
2004 GIBSONCt44 (3 1)300854999955000011 
818 ChestnutAve32 (2 0)116833300035000035 
27660SFaginDr43 (3 0)290484900084900037 
111 CSt32 (2 0)109127900025500026 
362W22ndSt31 (1 0)13343150003200007 
2506 Marie AntonetteLn43 (3 0)21994980005150007 
505W12thSt32 (2 0)195233995033995029 
1401 CypressDr32 (2 0)112037500036000011 
718 Harold SmithDr43 (2 1)21904799504750008 
4544 LindseyLn53 (3 0)31335650005650005 
1364 PyreneesSt54 (4 0)292860000060000025 
2970 ReyesLn32 (2 0)12063499503600007 
739 WilliamsSt33 (2 1)166439490040600012 
1714 HudsonWay43 (2 1)20804449004600007 
135WLowellAve11 (1 0)57624999925800015 
1351 HepburnSt43 (2 1)21524590004700005 
733 GlenpineCt43 (2 1)17053999504150008 
1291 RiverviewAve73 (3 0)371253500053500012 
830 AmarettoDr42 (2 0)191637500037500017 
2676 Green HavenCt44 (3 1)33086440006440007 
176 RenownDr42 (2 0)17854250004570007 
2995 Misty MeadowDr43 (2 1)144139990042000011 
850 SultanaDr32 (2 0)11673530003650006 
362 RoanDr32 (2 0)16504155904300007 
62W7thSt31 (1 0)13043200003200006 
2987 YoungCt54 (4 0)32515350005500009 
2551 WymanWay4 (5)4 (3 1)31405300005575009 
211 PorticoLn3 (4)3 (2 1)235547995047995026 
2318 Ogden Sannazor 54 (4 0)34685200005200008 
960 PeerlessCt33 (2 1)13823559503629507 
4750 Twin Oaks 43 (3 0)260346900046500013 
1158 AthertonDr43 (2 1)19024050004650004 
1505 TahoeCir33 (2 1)17334350004350006 
404W10thSt21 (1 0)98629500029500013 
2434 Spring CreekCt33 (2 1)160943000043500021 
2581 Tennis Lane 3 (4)3 (2 1)256348000049600013 
311W10thSt21 (1 0)10622100002100002 
2189 GibralterCt43 (2 1)235546000046500015 
10E20th 3 (4)1 (1 0)120631599930500014 
472 MONTCLAIRLn43 (2 1)18684450004600007 
711NHickoryAve43 (3 0)17163850003920007 
912 TarroganaDr3 (4)2 (2 0)169338500038500010 
1173 PyreneesCt43 (3 0)30785999506400009 
2WWhittierAve21 (1 0)10973300003450007 
1015 WinterCt3 (4)3 (2 1)14364100004080005 
2730 OxfordCt43 (3 0)24524710004710005 
1965WKavanaghAve33 (2 1)13733850004050005 
1327 GwerderCt43 (3 0)21584398754500007 
425E3rdSt32 (2 0)11543499003750008 
27836 GerhartLn54 (3 1)35907891267600007 
1420 KyleCt43 (3 0)244344200044500017 
170 Cedar MountainDr4 (5)3 (3 0)237344995045000017 
1570 Joseph MenusaLn42 (2 0)18504350004600005 
670 PotsgroveCt33 (2 1)16823950003950007 
925 GotlandCt32 (2 0)16504200004250005 
402WEmersonAve21 (1 0)12143550003400004 
2433 ColbyCt53 (3 0)242050750049500034 
1660WKavanaghAve43 (3 0)24204640004670009 
2115 Alfred GeorgeCt53 (3 0)24214950004950007 
4685 Dandelion Loop 53 (3 0)27204850005100008 
1863 OswegoCt43 (3 0)26425000005000005 
1679 DoveDr55 (4 1)34177390007500005 
675 SequoiaBlvd32 (2 0)14573599503770008 
485 MagnoliaLn32 (2 0)13063250003430008 
2994 Ray M GutierrezLn43 (3 0)180039490043000011 
2254 GaryLn42 (2 0)18504650004720007 
139WCarlton Way 32 (2 0)182238900038900026 
222W21st 32 (2 0)10473395003400005 
1821 ParksideDr4 (5)3 (3 0)23604590004650008 
3352 PumpkinCt3 (4)3 (2 1)14414249504380005 
1930 Thomas DehavenCt42 (2 0)147540000041900011 
1755 ThicketCt33 (2 1)18354360004360005 
28450 Jack GodwinCt54 (3 1)30176600006600004 
1088 Roy FrerichsLn43 (3 0)21994880004950005 
880 BryceWay53 (3 0)23604650004650007 
1421 TeakwoodWay33 (2 1)14613899004300007 
3381 Cabrillo Drive 32 (2 0)12773890004000002 
1928 PagodaCt43 (2 1)20324500004350007