Monday, January 4, 2016

The Barringer Team Market Trends for Tracy and Mountain House

Happy New Year 2016!

As we celebrate the New Year it is good to look back on the past years to see what's happened in Real Estate in Tracy.  Here are your Stats for 2015 and 2014 and 2013: 

2015 - 1,046 homes sold - median selling price: $370,950  average DOM: 17
2014 -  868 homes sold -  median selling price:  $358,000  average DOM:  18
2013 -  1,128 homes sold - median selling price:  $315,000  average DOM:  10

Here are your stats for December 2015

The following information is from the local MLS database, as of January 3, 2016 and is compared to (Dec. 1, 2015). The amount of listings are continuing to decrease this month as the holidays are in full swing.  However the pending sales are keeping pace with the new daily listings coming on.  Buyers are still eager to buy and they are watching the new listings as they hit the market. And with fewer choices prices are slightly increasing now.   Interest rates are creeping up 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.  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. There will be more homes coming on the market in the spring and the buyers that are looking now 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! Or go to our new service for instant valuation of your home on the internet at www.tracyhomevalue.com.  or  Just call or e-mail for an hassle free appointment or to just talk about the market anytime. 1-800-894-7282 or sales@tracyhomes.com.
Tracy, CA
ACTIVE STATUS
Total # of residential properties for sale in the city of Tracy: 88 (122)
# of REO (foreclosures): 0 (1)
# of Short Sales: 5 (8)
Average # of days on market: 53 (41)
#New Construction:  8
The median price of all homes for sale in Tracy: $439,500 ($433,500)
PENDING STATUS
Number of properties currently under agreement: 121 (149)
# of REO: 2 (3)
# of Pending Short Lender Approval: 12 (15)
Median pending price: $389,000 ($385,000)

SOLD STATUS
Residential property sold over previous 30 days: 79 homes (47)
REO's sold in the last month: 3 (1)
Short sales sold in the last month: 3 (1)
Median sale price: $385,000 ($415,000)
Median # of days on the market:  22 (25)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 38 (50)
# of REO (foreclosures): 0 (3)
# of Short Sales: 0 (0)
# of New Construction: 6 (9)
Average # of days on market: 51 (32)
The median price of all homes for sale in Mountain House: $555,458 ($559,742)

PENDING STATUS

Number of properties currently under agreement: 35 (40)
# of REO: 1 (0)
# of Pending Short Lender Approval: 4 (4)
# New Construction: 9
Median pending price: $509,000 ($505,475)

SOLD STATUS

Residential property sold over previous 30 days: 22 homes (24 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: $477,475 ($465,000)
Median # of days on the Market: 20  (12)
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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.
AddressBedsBathsSq FtList Price Sell PriceDOM
8775WEtcheverryDr33 (3 0)244949900047800024
28060BlossomLn55 (4 1)540512200001180000156
2303EastSt22 (1 1)1092175000170000156
1745Lavelle SmithDr42 (2 0)1598359900359000116
1707Kyle DaytonDr43 (3 0)248656990055900081
8396WaterwellWay55 (4 1)4150924950910000113
1353ParkerAve22 (2 0)1078262500265000126
2224ClementeLn43 (2 1)239636800037500030
34650Bernard Rd.42 (2 0)220852900052000097
488Burlington33 (2 1)177137400037000085
3192RemingtonWay54 (3 1)4508799000799000106
2737DaisyLn44 (3 1)348554995057000092
1765BirchwoodLn43 (2 1)249843900043900066
317DerechoWay32 (2 0)175631490031000053
1246LonnaWay32 (2 0)130137000036000071
27699LeeannaLn44 (3 1)301759490059000057
855LawnCt32 (2 0)157441500041000069
1716KagehiroDr55 (4 1)367859999958400064
4327FamosoLn43 (3 0)245141995041500070
1594LankershireDr33 (2 1)187835989035990024
1840DuncanDr32 (1 1)108729000029000032
2865FunstonCt43 (2 1)294548000046850060
2852MeredithCt5 (6)3 (3 0)313356500055000028
423SummerLn53 (3 0)306342420042000076
1804EastSt42 (2 0)140729995029970071
1333WBeverlyPl32 (2 0)154432495031500045
441De BordDr43 (3 0)19543490003420001
811PotsgrovePl33 (3 0)194141000041000065
1395RUSHERSt32 (2 0)118829900030400032
389W21stSt3 (4)2 (2 0)159031000031000016
1940Knollcrest32 (2 0)112731995031500047
2611Tennis Ln53 (3 0)281847500047500034
1626HummingbirdWay44 (3 1)261252990051200045
2541TolbertDr5 (6)3 (3 0)257246990047000037
8825WEtcheverryDr43 (3 0)315469900068000033
3195Antonio Loop43 (3 0)215841800041500022
1125SultanaDr31 (1 0)100030995031100039
1920Lone FoxCt42 (2 0)163937990037990010
202PortolaWay32 (2 0)115624990025000018
1491VelasquezLn42 (2 0)183438500038000020
1146MansfieldCt43 (2 1)215243500043500014
561WagtailDr43 (2 1)162934000033000019
4275TropazLn33 (2 1)181540500040500011
2161Cabana Lane43 (2 1)235542500043000016
545Serpa Ranch Rd.43 (2 1)222645000044700029
1304MarlinPl32 (2 0)15932950002807108
160Mount HamiltonDr43 (2 1)200937990038800022
919Cherry BlossomLn43 (3 0)266847995047000024
2495MonroeSt5 (6)3 (3 0)291749900049000010
4544LindseyLn5 (6)3 (3 0)313353500052500015
211Thomas DehavenLn42 (2 0)163937500037000012
2080GarrisonLn33 (2 1)204535000035000019
460SilvertailPl43 (2 1)204437800037290021
1731Parker PolichCt53 (3 0)262141000042000016
1010WinterCt32 (2 0)13343499003607508
3351StrawberryPl53 (2 1)19414000004000008
240E22NDSt32 (2 0)100229900031000010
2275AshburnCt43 (3 0)23164499004560003
2710Meadow BrookLn33 (2 1)157035000035000024
212DerechoWay42 (2 0)195035495034800014
2236SudburyCt33 (2 1)140827900027900036
415YosemiteDr32 (2 0)11673249003265006
1171Fruitwood ct32 (2 0)116632100032700010
932FSt21 (1 0)112319999920500010
4676CitrusWay33 (2 1)185837065037600017
2825RhettCt32 (2 0)156633500033500021
2718Handstand Way3 (4)4 (3 1)348566500065200018
270FireflyWay3 (4)2 (2 0)14753650003650007
1764Ray WiseLn42 (2 0)172038490038500025
885HeritagePl33 (2 1)193442500043500012
467YosemiteDr31 (1 0)10202849902850004
4713MonarchAve33 (2 1)18583950004000008
711AlexandraDr43 (2 1)19023890004020005
4406Twin CreeksLn43 (2 1)231140995041700015
684Twin OaksDr43 (2 1)22434150004180007
1225DoublesCt32 (2 0)16983650003750006
1270MeadowLn33 (2 1)14413550003650009
3726NewburyDr43 (3 0)20384000004140004
715WBeverlyPl32 (2 0)168634690033500012