Thursday, August 3, 2017

The Barringer Team Market Trends for July

Market Stats for Tracy & Mt. House

The following information is from the local MLS database, as of Aug 1, 2017 and is compared to(July 1, 2017).   Prices are climbing again this month and more inventory is coming on the market! The amount of listings coming on are replacing the homes coming off but still only 124 homes for sale in Tracy. 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 yr fixed 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 with 11 models to choose from.  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: 124 (98)
# of REO (foreclosures): 1 (1)
# of Short Sales: 1 (2)
Average # of days on market: 24 (28)
#New Construction:  15
The median price of all homes for sale in Tracy: $509,000 ($547,000)
PENDING STATUS
Number of properties currently under agreement: 121 (131)
# of REO: 1 (1)
# of Pending Short Lender Approval: 3 (4)
# of New Construction:  6
Median pending price: $455,000 ($430,000)

SOLD STATUS
Residential property sold over previous 30 days: 99 homes (103)
REO's sold in the last month: 1 (2)
Short sales sold in the last month: 1 (2)
Median sale price: $440,000 ($460,000)
# of New Construction:  3
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: 25 (19)
# of REO (foreclosures): 0 (0)
# of Short Sales: 0 (0)
# of New Construction: 3 (4)
Average # of days on market: 15 (10)
The median price of all homes for sale in Mountain House: $609,000 ($599,000)

PENDING STATUS

Number of properties currently under agreement: 29 (30)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 4
Median pending price: $599,000 ($607,450)

SOLD STATUS

Residential property sold over previous 30 days: 18 homes (25 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 0 (0)
New Construction sold: 0
Median sale price: $564,000 ($563,000)
Median # of days on the Market: 7  (10)
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HOMES SOLD IN TRACY IN JULY
Take a look at this chart to see the SOLDS in Tracy for July.  Call us for a free Market Analysis on your home!  209-833-7777.

  Address  BedsBathsSq Ft List   Sell   DOM 
574 Serpa RanchRd43 (2 1)222643600044600037 
2545 MonroeSt53 (3 0)291752500052650064 
2465 MiaWay44 (3 1)3677689900630900114 
2295 Clear LakeCt44 (3 1)305457000057000098 
1561 LynchDr32 (1 1)108736000034000063 
150E7thSt52 (2 0)246534000032000048 
1350 SchleigerDr42 (2 0)142237990038500042 
2479 Flage StopWay43 (2 1)257459990058990039 
1913WKavanaghAve3 (4)3 (2 1)180841000041000038 
1050 SultanaDr31 (1 0)100034500034700036 
1431 AutumnLn42 (2 0)202543999943999926 
1020 ZionCt3 (4)3 (2 1)143641990043000013 
2844 RedbridgeRd33 (3 0)237755000055000029 
2362 AugustaAve43 (3 0)280955590054000053 
3015 CorbettLn32 (2 0)160242500042800019 
360 BaldwinLn44 (3 1)238946000044500036 
200 RenownDr42 (2 0)17854579004579007 
4445 River BrookCt32 (2 0)153142800042500038 
2664 ChristySt53 (3 0)22944850005050007 
1835 FoxcloveCt5 (7)4 (3 1)330769512667500014 
106E20thSt31 (1 0)145333900034575012 
145 HawthorneDr32 (2 0)119132500032500010 
4221 GlenhavenDr3 (4)3 (3 0)24474700004685008 
480 Loma VerdeDr53 (3 0)26427500007300007 
2080 TahoeCir32 (2 0)175845500044500016 
747 Harold SmithDr43 (2 1)190241990044000017 
2805 GeorgiaDr3 (4)2 (2 0)141535900036500010 
1582 EgretDr53 (3 0)250848000048000030 
324 William Pishner JrDr43 (2 1)19734299504450007 
4330 PerennialPl43 (2 1)25134900004900004 
462 CharlemagneLn33 (2 1)137338998838500012 
126W20thSt44 (4 0)177941250040800039 
2186 CalhounCt56 (6 0)427979995079000030 
576W4thSt43 (2 1)186039900039900027 
149 WisteriaLn43 (2 1)238148000047500014 
3813 PaytonLn4 (5)3 (3 0)31335599505600008 
409 BurlingtonDr33 (2 1)197342671842600040 
561 Sir LancelotCt43 (3 0)19504199504450008 
1211 WindsongDr4 (5)4 (3 1)296853900053500028 
1333 ChaplinCt53 (3 0)265151990051500030 
330SCSt42 (2 0)14373999994000009 
1947 AlhambraCt53 (3 0)286452500053000019 
721 Marie AngelaDr32 (2 0)151341000042500010 
1668 Kyle DaytonDr3 (4)3 (2 1)211154900054000017 
2823 DorsetLn3 (4)3 (3 0)23974850004900007 
4314 TropazLn32 (2 0)16454299004365005 
2585 RedbridgeRd53 (3 0)248258500058000026 
345 AdobeLn42 (2 0)18444000004150006 
227 HollywoodAve32 (2 0)13843750004100007 
1975 WoodcrestCt33 (2 1)137338990036300022 
1264 LonnaWay32 (2 0)15414250004280007 
710 RockportCt33 (2 1)194143400043400021 
110 CountryCt32 (2 0)15884098884200007 
522 CecelioWay32 (2 0)13424150004210006 
1355 ChristinaDr32 (2 0)13293560003720006 
1350 ChristinaDr33 (2 1)15483750004000006 
2000 Bridle CreekCir3 (4)3 (2 1)15653990004350009 
1326 GentryLn43 (3 0)18634250004300005 
640 LarkspurDr43 (2 1)18304475004700005 
897 TrinityCt44 (3 1)305479900080000010 
2543 EvelynCt53 (3 0)25774999505070008 
495WCarltonWay21 (1 0)9123050003200009 
75 MaryCt32 (2 0)10753600003760005 
1130 ProvidenceCt43 (2 1)183145300045300016 
1789 LaurelgroveLn43 (2 1)20744299504440007 
255 Cedar MountainDr43 (2 1)200943500043000013 
1995 Harvest LandingCt43 (3 0)17724250004400008 
1900 Thomas DehavenCt42 (2 0)147541500042500010 
1214 MeganCt43 (2 1)18344090004300003 
110SHickoryAve33 (2 1)19024250004300006 
261 Kelley MistCt43 (3 0)29445690005801006 
231 King ArthurCt32 (2 0)16604279504350008 
1715 HudsonWay53 (3 0)23604699004700006 
1920 PlumLn32 (2 0)15924250004350004 
2101 TennisLn4 (5)3 (3 0)27185298885550003 
295S3rdSt33 (2 1)134837000039000011 
3566 Mary JeanLn43 (2 1)18173750004050008 
1670 Whispering WindDr3 (4)2 (2 0)23044849504870002 
180 HawthorneDr32 (2 0)119135000036000011 
471 TennisLn33 (2 1)19734250004285009 
246EHighlandAve21 (1 0)8013190003250005 
1304 CrossroadsDr43 (3 0)20514000004310008 
2358 BabcockLn43 (2 1)26894999005150001 
361WEmersonAve2 (3)2 (2 0)14272850003060006 
500 SilvertailPl43 (2 1)18994500004700008 
770 TraditionsCt43 (2 1)172644900044500010 
3337 JeanetteCt32 (2 0)13453820003800007 
3111 Jerrold ZanziLn53 (3 0)24124999005150007 
1751 LincolnBlvd42 (2 0)17683950004050005 
150 ArezzoWay53 (3 0)27895150005220005 
1136 Rosette 34 (3 1)17034100004000008 
556 RockinghamWay33 (2 1)17714200004520007 
755 GlacierSt4 (5)3 (3 0)23604699004720005 
2347 Golden LeafLn32 (2 0)16044200004270006 
1253 PyreneesSt43 (3 0)285955500055500012 
3452 Eagle Rock Loop 43 (3 0)24474900005050007 
2622 MerchantDr43 (2 1)21764650004750005 
115EE 10thSt21 (1 0)68028000026500011 
1562 ColeLn43 (3 0)18004499004430006