Tuesday, December 5, 2017

Market Trends for Tracy and Mountain House

Market Stats for November

The following information is from the local MLS database, as of December 5, 2017 and is compared to (November 5, 2017).   Prices are still declining as of the last couple of months and there are fewer homes coming on the market.  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 1.2 months supply of inventory.  A healthy market has 6 months supply. Listing prices are increasing as a result of this but we are seeing more price reductions as homes are on the market longer.  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. There are only serious buyers looking. Interest rates are fluctuating up and down with 30 yr fixed at 4.35% and FHA/VA at 3.75-4.0%. 15 yr is 3.375. Still the lowest rates! New home construction projects are in full speed 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 with 11 models to choose from.  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 1.2 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: 109 (120)
# of REO (foreclosures): 1 (0)
# of Short Sales: 2 (2)
Average # of days on market: 43 (26)
#New Construction:  12
The median price of all homes for sale in Tracy: $529,000 ($515,000)
PENDING STATUS
Number of properties currently under agreement: 105 (115)
# of REO: 0 (0)
# of Pending Short Lender Approval: 4 (4)
# of New Construction:  12
Median pending price: $445,000 ($455,000)

SOLD STATUS
Residential property sold over previous 30 days: 74 homes (85)
REO's sold in the last month: 2 (1)
Short sales sold in the last month: 0 (2)
Median sale price: $446,000 ($445,000)
# of New Construction:  1
Median # of days on the market:  17 (13)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 9 (23)
# of REO (foreclosures): 0 (1)
# of Short Sales: 0 (0)
# of New Construction: 1 (2)
Average # of days on market: 23 (14)
The median price of all homes for sale in Mountain House: $585,000 ($609,700)

PENDING STATUS

Number of properties currently under agreement: 36 (35)
# of REO: 1 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 5
Median pending price: $564,950 ($560,000)

SOLD STATUS

Residential property sold over previous 30 days: 25 homes (17 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 0 (0)
New Construction sold: 3
Median sale price: $580,000 ($525,000)
Median # of days on the Market: 11  (9)
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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  BedsBathsSqFt  List  SellDOM 
2553 MerchantDr44 (3 1)3882569900570000170 
8503 WaterwellWay44 (3 1)432712499001125000138 
4192 MemoirAve43 (2 1)214745500045000017 
8750 Lisa MarieCt4 (5)4 (4 0)361499990098500048 
2757 Green HavenDr44 (3 1)330861900060000072 
8825WEtcheverryDr43 (3 0)315489800084000088 
1425 ValerieLn33 (2 1)182539000039000086 
2289 StarflowerDr4 (5)4 (3 1)341773900073500068 
950 BelmontLn43 (3 0)292759900058500085 
8871WEtcheverryDr43 (2 1)254586990084000036 
145 EurekaWay43 (3 0)227641995041000057 
2452 AugustaAve43 (3 0)261956390055990060 
580 BelmontLn22 (2 0)123542450039500040 
1591 RiverviewAve54 (4 0)319855995053700045 
452WHighlandAve21 (1 0)109034500034500028 
1735 ScottSt33 (2 1)200847500049500057 
1111 MichelleAve33 (3 0)275144900044400018 
212 DerechoWay42 (2 0)19504259504360006 
2745 RedbridgeRd33 (3 0)237755495056500045 
2881 RhettCt43 (2 1)179643950043500047 
1146 BallardCt42 (2 0)187042500041800015 
530 GlenbriarCir63 (3 0)313364900063900034 
2111 Robert GabrielDr53 (3 0)259055990055000030 
165 Loma PrietaCir43 (2 1)200943800043500035 
24208SCabe 31 (1 0)68518990019000010 
18974 Nancy AmeliaCt54 (4 0)383090480093100123 
725WEatonAve21 (1 0)103231500031500019 
222 RamonaWay32 (2 0)19314300004220000 
1861 RiverviewAve53 (3 0)282760500060500010 
1900 ColumbiaCt43 (3 0)281352000051500031 
6955SRobertsRd43 (3 0)226167500067500013 
2041 StandridgeRd31 (1 0)104334990034575031 
1211 ValenciaDr43 (3 0)307653000053500027 
441W20thSt3 (4)1 (1 0)125634990035000017 
592 CharlemagneLn32 (2 0)125039900039900012 
1965 FoxtailCt32 (2 0)162843500044000029 
440E3rdSt43 (3 0)195039500038300023 
8850WFairoaksRd44 (4 0)36269990009750006 
1732 PeonyDr32 (2 0)164542500042500017 
1314 CrossroadsDr43 (2 1)179446500045700020 
1311 SchleigerDr43 (3 0)156736500036500028 
2960 CabrilloDr32 (2 0)125037750038550031 
3227 Jeanette 33 (2 1)156838500038400019 
135W21stSt32 (1 1)110242000042000010 
1464 DoloresLn3 (4)3 (2 1)189244988845500015 
1618 UnionLn43 (3 0)208147200046700010 
2900 ComptonPl54 (4 0)32515800005850009 
1881 McpeakCt42 (2 0)15594150004150007 
4736 Twin Oaks Drive 53 (3 0)26035390005350009 
810 AmarettoDr43 (3 0)18904149994100009 
1689 DoveDr43 (2 1)290266400065000033 
811 ScarlettPl32 (2 0)12203800003800004 
1857 CamelliaDr33 (2 1)137340500040300011 
834 ApplegateCt23 (2 1)108029000028500010 
2939 Perry Lane 43 (3 0)22815895005980008 
343 LasataDr43 (2 1)23344799004799007 
1150WEatonAve32 (2 0)129939900045100011 
1353 Ferngrove Ln. 33 (2 1)146141900041900032 
1942 PagodaCt43 (3 0)21364400004450007 
120 YosemiteDr32 (2 0)116735900036900014 
206E9thSt31 (1 0)111231500031500010 
1420WBeverly Place 21 (1 0)9423449003500006 
1805 DeborahSt32 (2 0)149331995031000015 
1601 AnnieWay53 (3 0)244052500052000011 
2782 HerfordLn3 (4)3 (2 1)214247900044800027 
825 LawnCt32 (2 0)17184490004490007 
989 PalmCir21 (1 0)80020000020219919 
584 Cape BretonLn3 (4)3 (2 1)20564850004920005 
400 Mount OsoAve43 (2 1)274449900049900012 
211SCentralAve32 (2 0)13513850001900004 
2665 ReyesLn43 (3 0)242052500052500017 
2739 HandstandWay43 (2 1)26275799006000000 
231 RamonaWay42 (2 0)15923999903900005 
530W9thSt31 (1 0)8763450003650005