Thursday, February 1, 2018

Market Trends for Tracy and Mountain House

Local Market Stats for Jan. 2018

The following information is from the local MLS database, as of February 1, 2018 and is compared to (January 1, 2018).   Prices are increasing as the inventory is declining since last month as there are fewer homes coming on the market.  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. Listing prices are increasing as a result of this but we are seeing more price reductions as homes are on the market longer.  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. There are only serious buyers looking now. 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 3.35. Still the lowest rates! New home construction projects are in full speed 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: 63 (81)
# of REO (foreclosures): 0 (1)
# of Short Sales: 0 (1)
Average # of days on market: 54 (43)
#New Construction:  18
The median price of all homes for sale in Tracy: $560,000 ($550,000)
PENDING STATUS
Number of properties currently under agreement: 100 (97)
# of REO: 1 (0)
# of Pending Short Lender Approval: 4 (4)
# of New Construction:  6
Median pending price: $499,975 ($469,000)

SOLD STATUS
Residential property sold over previous 30 days: 66 homes (65)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 1 (4)
Median sale price: $466,750 ($442,000)
# of New Construction:  5
Median # of days on the market:  18 (17)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 13 (7)
# of REO (foreclosures): 0 (0)
# of Short Sales: 1 (1)
# of New Construction: 3 (0)
Average # of days on market: 12 (18)
The median price of all homes for sale in Mountain House: $675,000 ($660,000)

PENDING STATUS

Number of properties currently under agreement: 21 (25)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 8
Median pending price: $599,900 ($585,000)

SOLD STATUS

Residential property sold over previous 30 days: 13 homes (22 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: $529,000 ($571,000)
Median # of days on the Market: 14  (10)
*************************

HOMES SOLD IN TRACY IN JANUARY
Take a look at this chart to see the SOLDS in Tracy for January.  Call us for a free Market Analysis on your home!  209-833-7777.


Address 
BedsBathsSq Ft List Sell   DOM
2271
SummergateDr23 (2 1)127137500037500079
3599
AvalonSt43 (2 1)2574615900599900160
2618
Remy CantosDr43 (3 0)323566129069413446
7330
DeltaAve21 (1 0)864545000505000159
5987
W. Durham Ferry Rd.
33 (2 1)224216500001650000139
1768
PonderosaDr43 (3 0)323563749064981168
1245
ConstitutionWay53 (3 0)257465000064000091
2421
Ellis TownDr43 (3 0)2795585000575000102
2240
MartinRd32 (1 1)108433000032700073
515
WinstonCt42 (2 0)145438500038800023
1880
BristleconeDr32 (2 0)130642499942499934
839
WilliamsSt33 (2 1)142839900039500058
1011NHickoryAve42 (2 0)129037990036500035
1153
ChaplinWay4 (5)3 (3 0)229448000048000059
1785WKavanaghAve43 (3 0)242045900044500048
2840
ValentinoCt42 (2 0)17784290004350004
1155
Poppy HillsCt44 (3 1)296854900053000070
741
SaffronDr53 (3 0)326456990056200060
2285
MorningsideCt23 (2 1)127131900031900052
1919
ParkerAve21 (1 0)52023000022500037
1603
EgretDr43 (3 0)230047500048200042
728
FSt31 (1 0)105233500033500037
1444
VivianLn43 (3 0)29335350005350004
2862
SaffordAve43 (2 1)277652000049200026
1895
CalaverasCt33 (2 1)180846600046600051
410
AmberCt32 (2 0)13063950004050004
355
HawthorneDr22 (2 0)96732990034000011
2589
AlmanorDr43 (3 0)236849995049995043
322
FairmontCt4 (5)3 (3 0)231647990047500026
462
Quail Run Circle
43 (3 0)258853500052500022
2656
SpencerCt32 (2 0)143441995042750015
341WEatonAve22 (1 1)212041995041500011
165
SilkwoodLn32 (2 0)175547450046000020
2927
TaylorWay43 (2 1)217646900046500022
4006
LongAve44 (3 1)339565390064000018
98
PrimroseCt33 (2 1)205747500047500016
210
WisteriaLn3 (4)2 (2 0)18414650004650009
2375
ChristySt43 (3 0)205244488847000016
874
Tom FowlerDr5 (6)3 (2 1)224050995050995018
2425
Travao
32 (2 0)160243000043200040
2135
DevinCt43 (3 0)19544649004750008
1657
Kyle DaytonDr43 (3 0)211154990054500015
1836
bankstonDr3 (4)2 (2 0)21454999505050003
2477
StalsburgDr43 (3 0)246554999055500012
325
CoveyLn53 (3 0)296252000052000020
313
PortolaWay32 (2 0)11993600003600005
451
LeamonSt33 (2 1)14464100004140006
2755
RedbridgeRd33 (2 1)269858900059500029
304
William Pishner JrDr53 (3 0)23894990004970003
2889
HawkinsLn32 (2 0)148343888843888811
1640WKavanagh
32 (2 0)17814550004400009
2875
Atlanta Drive
42 (2 0)18543800004250009
463
MontclairLn43 (2 1)18684675004675003
1827
Camellia
33 (2 1)18084350004350006
215
Christopher MichaelLn43 (2 1)22154999505250005
1930
BirchwoodCt43 (3 0)177245000045500010
2246
SabrinaWay42 (2 0)185048000047000026
1301
AudreyDr32 (2 0)152939500039500013
1965
SilverberrySt3 (4)3 (2 1)18084299504450009
1360
BuscaDr32 (2 0)13293750003850006
2187
WynngateCt23 (2 1)10803588883700008
951
AlleghenySt32 (2 0)19554499504550007
1623
OrchidDr32 (2 0)11563988004100006
1543
EgretDr42 (2 0)20304750004800005
1510
Joseph MenusaLn42 (2 0)18504850004850005
1933
RavenCt53 (3 0)29176190006500006

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