Tuesday, November 1, 2016

Local Market Trends for Tracy and Mountain House

Market Stats for October

The following information is from the local MLS database, as of November 1, 2016 and is compared to (October 1, 2016).   Prices are staying steady this month and appear to be dropping 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 2.3 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 2.3 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: 162 (178)
# of REO (foreclosures): 4 (5)
# of Short Sales: 3 (4)
Average # of days on market: 34 (28)
#New Construction:  16
The median price of all homes for sale in Tracy: $450,000 ($452,000)
PENDING STATUS
Number of properties currently under agreement: 144 (158)
# of REO: 3 (2)
# of Pending Short Lender Approval: 9 (13)
# of New Construction:  7
Median pending price: $422,450 ($425,000)

SOLD STATUS
Residential property sold over previous 30 days: 86 homes (80)
REO's sold in the last month: 1 (0)
Short sales sold in the last month: 2 (0)
Median sale price: $424,500 ($430,000)
# of New Construction:  1
Median # of days on the market:  15 (15)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 35 (44)
# of REO (foreclosures): 1 (1)
# of Short Sales: 0 (0)
# of New Construction: 2 (4)
Average # of days on market: 20 (32)
The median price of all homes for sale in Mountain House: $599,000 ($587,436)

PENDING STATUS

Number of properties currently under agreement: 51 (56)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 6
Median pending price: $539,900 ($549,000)

SOLD STATUS

Residential property sold over previous 30 days: 29 homes (23 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: $524,700 ($510,000)
Median # of days on the Market: 29  (14)
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HOMES SOLD IN TRACY IN OCTOBER
Take a look at this chart to see the SOLDS in Tracy for October.  Call us for a free Market Analysis on your home!  209-833-7777.
  Address      Beds   BathsSq Ft     List   Sell   DOM 
3136 OrmondeSt3 (4)3 (3 0)215843900042990011 
1905 ThicketLn32 (2 0)16283600003700009 
1180 ConstitutionWay5 (6)4 (3 1)3218649000560000124 
4782 WhirlawayCt65 (5 0)361055990053500029 
3562 PrestonWay32 (2 0)16563999904105791 
1930 MoniqueSt43 (3 0)2763489988463500118 
2934 Ray M GutierrezLn33 (2 1)187839999838500075 
4429 English OaksAve53 (2 1)331953990052500090 
2457 Marie AntonetteLn43 (3 0)219942500044000097 
1908 PonderosaDr44 (3 1)367759990059500042 
631 PalmCir21 (1 0)81017900018500055 
1233 PlazaCt53 (3 0)324352999951500064 
1481 AutumnLn42 (2 0)202543990043000079 
453 MontclairLn43 (3 0)195442495041500088 
959 WilliamsSt43 (3 0)205241500041000065 
1079 Roy FrerichsLn43 (3 0)219942900042900027 
1406 JeffreyDr32 (2 0)114537000037100028 
1395 MichelleAve32 (2 0)156038900038500027 
2545 Ponte MiraWay43 (3 0)254643900043000068 
809NHickoryAve32 (2 0)11202790002790001 
1425 Poppy HillsLn44 (3 1)296848916849000054 
584 Mabel JosephineDr4 (5)3 (3 0)255849000048400057 
1030 EastlakeCir53 (3 0)377958900058500051 
2109 MoniqueSt44 (3 1)292856995056500066 
1823 RochesterSt43 (2 1)214243495043000047 
1511 Joseph MenusaLn43 (3 0)221146990046500029 
2321 EastSt22 (1 1)106418200018000035 
4076 KeepsakeCt33 (2 1)195241700041700027 
2077 BabcockLn53 (3 0)304552600050200013 
2685 MarioDr32 (2 0)132935000035300054 
854 BogettiLn33 (2 1)13723750003750007 
194 RidgeviewDr53 (3 0)29774899905000009 
570 KriderCt32 (2 0)121434500034200016 
773 LongfellowSt43 (2 1)215246988846350015 
1724 lincolnBlvd32 (2 0)156034990034800029 
28025 TrainaCt4 (5)3 (3 0)37568500008500006 
1370 McDermottCt43 (2 1)156736995037000012 
1811 AlegreDr42 (2 0)142235900030000023 
1245 TenayaCt3 (4)3 (2 1)22405199505100009 
1555 TahoeCir33 (2 1)188041000039700062 
890 WinnipegCt4 (5)3 (3 0)236852500051884619 
1522 Cole Lane 33 (2 1)165735000036900015 
2060 TahoeCir43 (3 0)252147700047150023 
1540 FranklinAve32 (1 1)154731500031500014 
1120 HepburnCt43 (3 0)265147900049000018 
1770 McpeakCt42 (2 0)152731700031500029 
2159 WalsinghamCt33 (2 1)153332500032300022 
1140WBeverlyPl31 (1 0)15672999503050059 
4106 KeepsakeCt43 (2 1)214743500043500016 
1385 PickfordCt43 (3 0)229445490045250036 
2730 MagazineLn53 (3 0)310752800053050015 
1895 FoxtailWay32 (2 0)14413790003650006 
471 HelenAve42 (2 0)188832500034600016 
358WEmersonAve21 (1 0)7952700002800009 
1045 ThorntonLn34 (3 1)172035990035990012 
1783 EgretDr43 (2 1)24515250005170007 
2185 Foothill Ranch Dr. 32 (2 0)16643950003950008 
1434 Madison Ave. 32 (2 0)199038500037650015 
120 Club HouseWay42 (2 0)18064090004150007 
875 HeritagePl33 (2 1)168239900039500018 
1860 BlueberryCt43 (3 0)226845880046000016 
304 Glenbriar Cir. 32 (2 0)142138500038500029 
2470 Martin AnthonyCt42 (2 0)18784099904100006 
485WCarltonWay31 (1 0)7902999003070006 
3145 Milton JensonCt43 (3 0)21584350004460006 
859 Alexander GabrielCt43 (3 0)23505190005150006 
740 MetcalfCt32 (2 0)117032000031500023 
1771 AlegreDr32 (2 0)12453499993499507 
1660 ReyesLn42 (2 0)188142000042000020 
2120 Frank BlondinLn43 (3 0)20954599004600005 
2602 AmatchiCt4 (5)4 (3 1)376760588860600012 
780 EvergladesLn4 (5)3 (2 1)26824649004800007 
263 FairmontLn3 (4)2 (2 0)16603998884180005 
1547 GentryLn43 (3 0)180039900040000012 
1204 PyreneesCt4 (6)3 (3 0)33245900005900003 
1060 AppalosaWay33 (2 1)15473750004000007 
1562 JenniferWay43 (3 0)21004650004675007 
1021 Ben IngramLn43 (3 0)25274999505030004 
352 Golden Leaf Court 63 (3 0)28834995004870007 
210 WisteriaLn3 (4)2 (2 0)18414270004320004 
1519 WoodlandCt33 (2 1)14533800003700008 
1188 MichaelDr4 (5)3 (3 0)257648488847000012 
2165 HolderLn33 (2 1)20084350004380009 
2327 East St 22 (1 1)10321995001930008 
7873 Depot Master 54 (3 1)358957500051975019 
1340 StandridgeCt31 (1 0)12423520003650006