Wednesday, October 5, 2016

Market Trends for September

Market Stats for Tracy and Mountain House

The following information is from the local MLS database, as of October 5, 2016 and is compared to (September 1, 2016).   Prices are staying steady this month and appear to be dropping some! The amount of listings are going up 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 &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. 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: 178 (160)
# of REO (foreclosures): 5 (2)
# of Short Sales: 4 (5)
Average # of days on market: 28 (30)
#New Construction:  15
The median price of all homes for sale in Tracy: $452,000 ($439,000)
PENDING STATUS
Number of properties currently under agreement: 158 (157)
# of REO: 2 (1)
# of Pending Short Lender Approval: 13 (9)
# of New Construction:  7
Median pending price: $425,000 ($434,950)

SOLD STATUS
Residential property sold over previous 30 days: 80 homes (89)
REO's sold in the last month: 0 (1)
Short sales sold in the last month: 0 (3)
Median sale price: $430,000 ($426,000)
# of New Construction:  1
Median # of days on the market:  15 (13)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 44 (56)
# of REO (foreclosures): 1 (0)
# of Short Sales: 0 (0)
# of New Construction: 4 (7)
Average # of days on market: 32 (23)
The median price of all homes for sale in Mountain House: $587,436 ($589,886)

PENDING STATUS

Number of properties currently under agreement: 56 (52)
# of REO: 1 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 10
Median pending price: $549,000 ($551,057)

SOLD STATUS

Residential property sold over previous 30 days: 23 homes (31 homes)
REO's sold in the last month: 0 (1)
Short sales sold in the last month: 0 (0)
New Construction sold: 3
Median sale price: $510,000 ($520,000)
Median # of days on the Market: 14  (24)
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HOMES SOLD IN TRACY IN SEPTEMBER
Take a look at this chart to see the SOLDS in Tracy for September.  Call us for a free Market Analysis on your home!  209-833-7777.

  Address  BedsBathsSqFt      List      SellDOM 
6050WLinneRd43 (3 0)292610500001045000129 
450 WagtailDr43 (3 0)185937900039000043 
1203 AdamSt41 (1 0)148032995032500069 
1415 MontaubanCt44 (3 1)3422530000550000125 
2571 TennisLn3 (4)3 (3 0)226845995045000091 
1590 Hoot OwlCt43 (3 0)273245900046500065 
2330 BessieAve21 (1 0)81122500022500045 
985 VallerandRd43 (3 0)173938000036500063 
8669WEtcheverryDr33 (3 0)251572988872988868 
1352 WhittinghamDr43 (3 0)203844500043600074 
1325 FranklinAve4 (5)3 (2 1)306358500058500067 
1936 PetuniaWay54 (3 1)300853400051875067 
142EHighlandAve21 (1 0)141931990032300015 
760 EvergladesLn53 (3 0)291153900050500038 
520 Morris PhelpsDr32 (2 0)123235900035900065 
2430 AlziraCt43 (2 1)226243500043900034 
2442 DorsetLn4 (5)4 (3 1)274847990048990053 
567 BARCELONA DR 63 (3 0)25364690004700008 
850 SuellenDr32 (2 0)155836800036200023 
2205 HolderLn33 (2 1)200841995041950032 
253W23rdSt32 (2 0)142133500033500012 
1820 GeraniumWay53 (3 0)305550200050200027 
1320 BlairAve53 (3 0)272349900051150013 
3242 OverlandLn43 (3 0)206742499041999045 
3375 HollyDr32 (2 0)126632500032000020 
1751 BayberryLn32 (2 0)16004000003650003 
19WWhittierAve31 (1 0)102031900031900024 
1443 TiburonCt53 (3 0)263955000054000025 
1251 HeatherfieldWay33 (2 1)156637000037000019 
1234 AwahneeCt44 (3 1)275650900051500029 
979 PalmCir21 (1 0)80017900017900036 
867 Robert L SmithDr33 (2 1)18924150004150007 
189 Burlington 43 (2 1)238944399944000042 
830 PetrigSt43 (3 0)25824650004650006 
2533 LotusWay32 (2 0)229953990052000048 
1021 Tarrogana 32 (2 0)14823499003590009 
1141 DouglasDr3 (4)3 (2 1)222045500045000019 
722 SummerLn43 (3 0)23524499004475006 
2001 AmatchiDr53 (3 0)340058990058990043 
2577 BaigorryCt43 (2 1)33665899006200006 
1570 Hoot OwlCt43 (3 0)25254599004550007 
1760 Thomas DehavenLn42 (2 0)16394300004275006 
2456 VenetoLn32 (2 0)151339550040500019 
3501 CastleCt32 (2 0)127734000034300017 
3597 Mary JeanLn32 (2 0)133733990033990021 
2400 TolbertDr43 (2 1)204544500044500027 
4657 BreckenridgeCt44 (3 1)301147500049000012 
2973 SaffordAve43 (2 1)29454999505000008 
1650 AndrewSt42 (2 0)12103650003650007 
1840 Scotch PineCt32 (2 0)12123250003450008 
731 CathedralWay32 (2 0)18554450004425007 
80 RenownDr4 (5)3 (2 1)265449990049990010 
521 LEAMONSt33 (2 1)137337950037000023 
2362 Paul PooleDr43 (2 1)220044990044000014 
778 Harold Smith 32 (2 0)149038990038990012 
1421 VelasquezLn42 (2 0)18344200004425007 
3005 ButhmannAve32 (2 0)120034900036000015 
2071 Tracey JeanDr42 (2 0)212943500041500025 
770 YosemiteDr32 (2 0)207143490044000027 
1546 ArrigottiLn42 (2 0)18504200004100008 
2329 EastSt22 (1 1)107918500018500012 
435WHighlandAve2 (3)1 (1 0)12943100003250005 
3287 OrmondeCt43 (3 0)21584300004300005 
135WlowellSt11 (1 0)57620990020900013 
286 BarcelonaDr32 (2 0)207044490043900028 
417EEatonAve22 (2 0)15603250003280007 
2923 RUGBYCt3 (4)3 (2 1)20484249504250006 
4014 TropazLn43 (2 1)21204350004500008 
580 KriderCt43 (2 1)179039800039650021 
1803 RochesterSt32 (2 0)148338990038990011 
999 Roy FrerichsLn32 (2 0)17333950003950004 
861 LassenCt53 (3 0)23604450004550007 
3244 AbigailCt44 (3 1)34316990007000005 
1861 Golden LeafLn32 (2 0)15923680003800007 
412 Golden LeafCt53 (3 0)26524750004950005 
291 RedwoodAve32 (2 0)11683299003350005 
33WBeverlyPl32 (2 0)16723250003250006 
1385 MontaubanSt3 (4)3 (3 0)27205390005475004 
1621WBeverlyPl43 (2 1)156733500036000013 
2939 PerryLn43 (3 0)22815395005450002