Tuesday, August 2, 2016

Market Trends for Tracy and Mountain House

The following information is from the local MLS database, as of August 2, 2016 and is compared to (July 1, 2016).   Prices are going UP even more! The amount of listings are going up too in this market but demand is still strong and good homes get multiple offers especially homes priced under $400,000. We only have a 1 &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 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.  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  the time to sell. We need more listings! We only have a 1.5 month supply of homes to sell.  This is a serious SELLER'S MARKET.   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.
Tracy, CA
ACTIVE STATUS
Total # of residential properties for sale in the city of Tracy: 163 (141)
# of REO (foreclosures): 1 (1)
# of Short Sales: 6 (4)
Average # of days on market: 26 (23)
#New Construction:  6
The median price of all homes for sale in Tracy: $460,000 ($469,000)
PENDING STATUS
Number of properties currently under agreement: 145 (147)
# of REO: 2 (4)
# of Pending Short Lender Approval: 10 (7)
Median pending price: $425,000 ($415,000)

SOLD STATUS
Residential property sold over previous 30 days: 92 homes (90)
REO's sold in the last month: 3 (1)
Short sales sold in the last month: 0 (2)
Median sale price: $428,000 ($420,000)
Median # of days on the market:  12 (10)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 46 (46)
# of REO (foreclosures): 0 (1)
# of Short Sales: 0 (0)
# of New Construction: 5 (4)
Average # of days on market: 26 (31)
The median price of all homes for sale in Mountain House: $590,452 ($573,215)

PENDING STATUS

Number of properties currently under agreement: 58 (46)
# of REO: 1 (1)
# of Pending Short Lender Approval: 1 (1)
# New Construction: 9
Median pending price: $547,944 ($577,423)

SOLD STATUS

Residential property sold over previous 30 days: 13 homes (31 homes)
REO's sold in the last month: 1 (0)
Short sales sold in the last month: 0 (0)
New Construction sold: 0
Median sale price: $520,000 ($536,000)
Median # of days on the Market: 11  (18)
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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  BedsBaths      Sq Ft     List      SellDOM 
8300 WaterwellWay57 (5 2)80761475000122500096 
32W2ndSt33 (2 1)205929900028660020 
1512 RiverviewAve44 (3 1)2850497000485000122 
8301 Orazio Lane 44 (3 1)320179800079800094 
73E8thSt21 (1 0)115930000030000040 
1985 Homer HenryCt43 (2 1)189838000037500029 
1416 ChesterDr2 (3)2 (1 1)143836000036000051 
3063 RemingtonWay65 (4 1)43009491269800006 
2819 HandstandWay43 (2 1)261756500056500030 
2145 ELSIEWay55 (4 1)367862495062600071 
1263 PlazaCt74 (4 0)363552750052000039 
2741 Fabian Road 2 (3)1 (1 0)160039900039900065 
1801 McpeakCt32 (2 0)124533700033500025 
1619 Union Lane 53 (3 0)206743999043999042 
1911 Bridle CreekCir43 (3 0)198045588845588850 
140 YosemiteDr42 (2 0)140533500034050026 
27055SLeewardWay56 (5 1)74591588000150000055 
1237 GwerderSt43 (3 0)24434750004650007 
1231 ValenciaDr64 (4 0)346852495052000027 
2655 Remy Javier Ct 53 (3 0)33245659905659908 
230 San SimeonWay43 (2 1)202941500041700018 
935 MenayDr43 (2 1)227244500043500022 
2716 DaisyLn22 (2 0)123536500037500014 
2066 LighthouseCir43 (2 1)326881900080000081 
1400 EastlakeCir4 (5)3 (2 1)307056900056000033 
1554 TanyaLn53 (3 0)247044500044500028 
2364 ClementeLn43 (2 1)18034150004175009 
492 Quail RunCir53 (3 0)281749990049500048 
250 OrestimbaCir43 (2 1)20093800003900005 
575 Buena TierraDr42 (2 0)235959995056500024 
1421 PecanLn42 (2 0)202542400043000026 
1475 LankershireDr43 (3 0)18003990003900001 
4256 OakridgeDr42 (2 0)24534850005100008 
2417 VenetoLn53 (3 0)244246990049000010 
7860 ReneeDr3 (4)5 (3 2)381098800097800021 
2206 LighthouseCir5 (7)3 (3 0)333969990067500015 
1720 Horse Shoe Loop 43 (2 1)228545990045500021 
1027 SallieLn43 (2 1)22233900003950008 
280STracyBlvd42 (2 0)13513250003180003 
1920 AlegreDr32 (2 0)15693499503600003 
1651WBeverlyPl42 (2 0)14223250003500006 
1132 RusherSt31 (1 0)102730000030800012 
116E8thSt21 (1 0)125823190021500030 
2212 HOLTSPUR 23 (2 1)108026700026000012 
532 CecelioWay32 (2 0)147236500038000010 
11 WimbledonLn32 (2 0)14503999504050007 
3401 CrowleyCt22 (2 0)100729000030500013 
724 Mabel JosephineDr43 (3 0)242049000049000012 
735WEatonAve31 (1 0)104730500031300012 
442 SummerLn43 (2 1)22854590004750004 
3155EANTONIOLoop53 (3 0)32795180005150003 
350W20thSt31 (1 0)9843050003000002 
2565 Golden SpringsDr33 (2 1)18083799004000001 
102 RamonaWay32 (2 0)164035500036000010 
690 PotsgrovePl53 (3 0)246848900048900041 
887 SentinelDr33 (2 1)230648500048150014 
1761 McpeakCt32 (2 0)12453399003455004 
317 GlenbriarCir4 (5)3 (3 0)294453500053500012 
1501 ChesterDr32 (1 1)16543399903399907 
1898 PonderosaDr44 (3 1)290755990055990021 
1555 HendersonCt33 (2 1)205644978545200017 
214W22ndSt21 (1 0)79827000028000011 
656 ShawCt3 (4)3 (3 0)20524590004750008 
3157 OrmondeCt53 (3 0)24434580004700007 
1630 GardeniaCt43 (3 0)242047950048000019 
1444 GableCt4 (5)3 (3 0)248448500048000018 
2420 Martin Anthony Ct 42 (2 0)18784000004250005 
1132 Marie Antonette Ct. 42 (2 0)18784000004120008 
4202 MiddlefieldDr54 (3 1)319549988850000018 
1310 RenownDr42 (2 0)18023600003650006 
210WWillow CreekDr32 (2 0)15253099502800007 
1219 PalominoDr43 (3 0)17264099504200009 
351 baldwin 33 (2 1)213541000041700013 
155WFerdinandSt33 (2 1)14913690003800002 
493 CharlemagneLn32 (2 0)11543499503550005 
901 RenownDr43 (2 1)203937995037000016 
190 CountryCt53 (3 0)21443750004150008 
1276 EagleSt43 (3 0)281349500049300014 
2100 JenniLn4 (5)3 (2 1)26544590004800005 
145 Cedar MountainDr42 (2 0)17463790003690009 
4715 WindsongCt43 (3 0)26034800004800003 
1940 HARVEST LANDINGCt33 (2 1)19024139504260007 
2145 BiscayCt53 (3 0)30785750005650000 
4493 Morning BrookLn43 (2 1)25304399004399008 
1630 SmokeyLn43 (2 1)163039988839000018 
1675 TahoeCir43 (3 0)22234399504550004 
951 GlencreekDr33 (2 1)13883549503750004 
541 Sir LancelotDr32 (2 0)16603580003700005 
277W21 StSt32 (2 0)13222000002000001 
1720 FoxwoodDr43 (2 1)22853500003500002 
3791 FarnhamDr43 (3 0)22504250004400009 
565 Cape Breton 43 (2 1)22414550004550009