Friday, December 2, 2016

Local Market Trends for Tracy and Mountain House

Market Stats for November

The following information is from the local MLS database, as of December 2, 2016 and is compared to (November 1, 2016).   Prices are staying steady this month and appear to be coming up some! The amount of listings are slowing 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 staying down with 30 yr fixed at 4.35% and FHA/VA at 3.75%. 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 1.8 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: 123 (162)
# of REO (foreclosures): 3 (4)
# of Short Sales: 7 (3)
Average # of days on market: 50 (37)
#New Construction:  16
The median price of all homes for sale in Tracy: $499,500 ($450,000)
PENDING STATUS
Number of properties currently under agreement: 149 (144)
# of REO: 3 (3)
# of Pending Short Lender Approval: 8 (9)
# of New Construction:  9
Median pending price: $419,000 ($422,450)

SOLD STATUS
Residential property sold over previous 30 days: 91 homes (86)
REO's sold in the last month: 2 (1)
Short sales sold in the last month: 1 (2)
Median sale price: $417,000 ($424,500)
# of New Construction:  1
Median # of days on the market:  16 (15)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 30 (35)
# of REO (foreclosures): 1 (1)
# of Short Sales: 0 (0)
# of New Construction: 3 (2)
Average # of days on market: 30 (20)
The median price of all homes for sale in Mountain House: $609,000 ($599,000)

PENDING STATUS

Number of properties currently under agreement: 36 (51)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 5
Median pending price: $529,000 ($539,900)

SOLD STATUS

Residential property sold over previous 30 days: 35 homes (29 homes)
REO's sold in the last month: 1 (1)
Short sales sold in the last month: 0 (0)
New Construction sold: 2
Median sale price: $515,000 ($524,700)
Median # of days on the Market: 18  (29)
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HOMES SOLD IN TRACY IN NOVEMBER
Take a look at this chart to see the SOLDS in Tracy for November.  Call us for a free Market Analysis on your home!  209-833-7777.

  Address  BedsBaths     Sq Ft     List   Sell   DOM 
2120 Tammi Ct. 43 (2 1)2428439950443000143 
525 Cape BretonLn43 (2 1)239742500044000015 
1546 DalehurstCt42 (2 0)2186514950497500121 
605 PresidioPl43 (2 1)294551900050500020 
221E12thSt21 (1 0)105830000030000037 
172 Kelley MistLn43 (3 0)2447469500458000113 
265EMount DiabloAve53 (3 0)2373439900415000133 
845 ChristyCt43 (3 0)205241800041200065 
149WHighlandAve32 (2 0)131832490033000013 
1825 ThicketLn43 (2 1)189942500042800011 
3405SMacarthurDr3 (4)3 (2 1)160034900034900072 
212S3rdSt3 (4)3 (2 1)171435900036000057 
1159 Mamie AndersonLn43 (2 1)178942900041500058 
174 La MonteLn63 (3 0)297753550053000034 
3461 CrowleyCt32 (2 0)127733995033500069 
1045 MABEL JOSEPHINECt32 (2 0)150638500038500060 
2231 HillcrestDr32 (2 0)166439000039000047 
1221NTracyBlvd32 (2 0)124828000028000041 
1713 DeborahSt31 (1 0)116631990031650014 
4637 BonsaiAve33 (2 1)185843500043500043 
1420WKavanaghAve32 (2 0)119734400034200022 
11871 Mountain ViewRd4 (6)0 (0 0)272764990067500011 
129WSouthSt41 (1 0)103627995027995041 
580 HotchkissSt43 (3 0)19504299504250008 
1780 Harvest LandingLn32 (2 0)166139900039000032 
221 AlvaradoWay42 (2 0)194535990037000028 
1550 McdermottDr42 (2 0)15273350003350007 
125EWhittierAve31 (1 0)94130000031000016 
724 ESt21 (1 0)77428990028650039 
1965 FoxtailCt32 (2 0)162839900039900041 
2959 WagnerCt43 (3 0)243043995043295030 
145 Yosemite Dr. 42 (2 0)140535500034500040 
4548 English OaksAve3 (4)3 (2 1)231144000044000016 
744 Twin OaksDr3 (4)3 (3 0)260345000045000045 
2621 SolomonLn43 (3 0)309257500055000036 
164WHighlandAve21 (1 0)95227900027500023 
1421 RenownDr33 (2 1)190240490040490038 
2484 LotusWay44 (3 1)37196199006150005 
1540 Hoot OwlCt32 (2 0)185142890043000022 
2108 LaraLn53 (3 0)29334600004680008 
4663 CherubWay4 (5)3 (3 0)272046900046900041 
1760 AlegreDr42 (2 0)151536495036000011 
220 DiscoveryLn53 (3 0)294451500051000046 
2830 San RoccoDr43 (3 0)223542500042500016 
1350 McdermottCt43 (2 1)156735000036750014 
7950WBatesRd4 (5)3 (3 0)320779995077000017 
1133 DuncanDr42 (2 0)163935700035700016 
352 Golden Leaf Court 63 (3 0)28834995004870007 
1921 Thomas DehavenCt42 (2 0)147535795030000051 
801 KennedyPl43 (2 1)249843990043990026 
3188 HuttonPl43 (3 0)342681000081000017 
2909 WagnerCt43 (3 0)233143995043995013 
4383 Lindsey Lane 43 (3 0)244748500048500013 
1905 TahoeCir32 (2 0)175843000043000011 
1010 Almond BlossomDr32 (2 0)11673350003485008 
4333 ReidsWay43 (3 0)24414699504750007 
896 LourenceDr33 (2 1)15473950004250009 
2698 JacksonAve43 (3 0)310749990051000016 
2495 Ponte MiraWay43 (3 0)253044590043000034 
546 GlenbriarCir63 (3 0)31335650005750006 
1720 ChartwellLn43 (3 0)23974600004600003 
1833 CamelliaDr43 (3 0)20773995003995008 
1116 LourenceDr43 (3 0)172639900040500011 
1341 HaleyCt53 (3 0)24434650004650004 
3939 LeslieCt42 (2 0)19074390004550005 
413 RidgeviewDr4 (5)3 (3 0)31335350005400005 
4481 GlenhavenDr5 (6)3 (3 0)29775060005060005 
1601 DuncanDr32 (1 1)108729700029700014 
2547 SpencerLn43 (3 0)205144900044900012 
1486 CottonwoodDr32 (2 0)11323450003450006 
447 HelenAve32 (2 0)157037000037800011 
1174 Juan JoseLn43 (2 1)222041995040700013 
1117 RusherSt42 (2 0)130736000035750021 
2392 TwainCt43 (3 0)205243495043650027 
2274 MorningsideCt23 (2 1)12712950003000008 
2100 HolderLn32 (2 0)157439950040950015 
1180 Cherry BlossomLn42 (2 0)20934249994300008 
21 CharlesSt3 (4)2 (2 0)121035500035400022 
2970 BalboaDr32 (2 0)132429500027500011 
3626 NewburyCt32 (2 0)16974249004250004 
1540 GriffithPl43 (2 1)156737995041900011 
841 ArchesCt33 (2 1)14363975003950004 
1537 ParkerAve43 (2 1)200343500041500021 
210WWillow CreekDr32 (2 0)15253799503799507 
338W21stSt31 (1 0)108429990030000018 
3027 YoungCt4 (5)4 (4 0)30045350005250008 
501 De BordDr32 (2 0)16603999004100005 
4654 WindsongCt3 (4)3 (2 1)22434290004243957 
1789 Foothill VistaDr3 (4)3 (2 1)21714400004400005 
1353 Sienna ParkDr43 (2 1)18924170004170008 
1374 Tom FowlerDr53 (2 1)20294450004350004