Tuesday, April 4, 2017

New Market Stats for March

Tracy and Mountain House Market Info

The following information is from the local MLS database, as of April 1, 2017 and is compared to(March 1, 2017).   Prices are climbing again this month due to the lack of inventory! The amount of listings coming on are slowing way 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 1.8 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 fluctuating up and down with 30 yrfixed at 4.25% and FHA/VA at 3.75-4.0%. 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. The largest one is the Ellis Community.  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 1.8 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: 100 (92)
# of REO (foreclosures): 1 (2)
# of Short Sales: 2 (2)
Average # of days on market: 19 (27)
#New Construction:  16
The median price of all homes for sale in Tracy: $479,950 ($504,000)
PENDING STATUS
Number of properties currently under agreement: 128 (119)
# of REO: 0 (2)
# of Pending Short Lender Approval: 6 (16)
# of New Construction:  6
Median pending price: $432,450 ($428,000)

SOLD STATUS
Residential property sold over previous 30 days: 78 homes (53)
REO's sold in the last month: 3 (1)
Short sales sold in the last month: 1 (2)
Median sale price: $450,000 ($430,000)
# of New Construction:  7
Median # of days on the market:  12 (18)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 22 (18)
# of REO (foreclosures): 0 (0)
# of Short Sales: 1 (0)
# of New Construction: 3 (0)
Average # of days on market: 13 (11)
The median price of all homes for sale in Mountain House: $614,500 ($610,000)

PENDING STATUS

Number of properties currently under agreement: 45 (36)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (1)
# New Construction: 2
Median pending price: $579,900 ($572,400)

SOLD STATUS

Residential property sold over previous 30 days: 24 homes (6 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 0 (0)
New Construction sold: 2
Median sale price: $547,500 ($492,750)
Median # of days on the Market: 10  (6)
*************************

HOMES SOLD IN TRACY IN MARCH
Take a look at this chart to see the SOLDS in Tracy for March.  Call us for a free Market Analysis on your home!  209-833-7777.

  Address  BedsBathsSq Ft List Sell   DOM
1062 TullochDr53 (2 1)285741700044000053
2513 LotusWay43 (3 0)3235585900585900165
11627WCloverRd21 (1 0)117645000045000025
2296 MemoryLn43 (3 0)3306589900566400154
430 RoyalCt43 (2 1)15673198883350007
2106 PedroLn54 (4 0)3089499950505000103
565 Serpa RanchRd33 (2 1)195844000044000054
2555 MiaWay44 (3 1)385463078063431033
4100 ComstockPl43 (2 1)2574588800579900106
784 Jesse Martinez Dr 43 (3 0)2071499000495000119
33701SBirdRd3 (4)2 (2 0)1765499000450000112
1878 PonderosaDr44 (3 1)290754990054990089
2209 YellowstoneAve4 (6)3 (3 0)288850950050950023
1465 YorkshireLoop43 (3 0)230045990046000060
2910 AleneAve32 (2 0)110522500023500013
181 Kelley MistLn5 (6)3 (3 0)297751500051000077
3973 SummitDr43 (3 0)280953990053000058
755 OneilCt4 (5)3 (3 0)229447500046600061
1002 Windsong Dr 43 (3 0)260346990045500052
915 IndependenceDr42 (2 0)195352950053000058
325 CecelioWay4 (5)3 (3 0)322052888853000029
28287SVincenzaAve54 (3 1)359059000059000037
330 JaegerSt43 (3 0)185939000041000016
1254 AwahneeCt54 (4 0)290252571352571341
2958 GomesDr43 (2 1)214041999941700029
3211 StrawberryPl3 (4)3 (2 1)193445000044000021
1430 ChesterDr32 (1 1)11453150003260008
460 GlenbriarCir32 (2 0)17824450004450007
34678 BrichettoCt64 (3 1)388381000077440031
170 Alum RockCt33 (2 1)20464300004340008
405 PalmCir32 (2 0)157440000040000023
804 Billy F FreemanLn32 (2 0)209344800045100019
4707 GlenbrookDr43 (3 0)24474250004460006
1150 KadenLn44 (3 1)31687250007250007
393 CharlemagneCt43 (2 1)162942800042800025
3037 OrmondeSt43 (2 1)18283999004030008
416 Barcelona Dr. 43 (2 1)205645500045700012
1451 BirchDr32 (2 0)11203550003550004
88 ReginaDr32 (2 0)10753500003600004
1811 McpeakCt42 (2 0)14223600003700006
8439 WaterwellWay42 (2 0)185059500060500012
1926 Pheasant RunCt32 (2 0)13153750003800005
1640 ValerieLn43 (2 1)15673750003750005
710 TennisLn33 (2 1)173541000041000019
1921 Thomas DehavenCt42 (2 0)147539995040000018
524 RidgeviewCt32 (2 0)284579800081500011
217 GranadaWay32 (2 0)164537500038100023
1205 DoublesCt32 (2 0)157639500040500015
1235 Yorkshire 43 (3 0)20464250004360006
131 RamonaWay32 (2 0)12133300003450006
2424 VeronaCt32 (2 0)15133999504100008
152 VictoriaSt32 (2 0)127837500038580013
1462 WhittinghamDr32 (2 0)15544250004300008
985 GotlandCt33 (2 1)15474388884500008
180 oak crest 43 (2 1)21264290004500008
2409 AnitaCt43 (2 1)33667299507350005
7808 StearmanRd53 (3 0)32985990006050007
3065 Soto Ct. 43 (3 0)21584450004525009
1717 Kyle DaytonDr3 (4)3 (2 1)211154500053000018
1366 MontaubanSt4 (5)3 (3 0)30785690005810006
160 Alum RockCt53 (3 0)237346500046700012
1641WBeverlyPl32 (2 0)12453500003500000
2938 Frank BrownLn53 (3 0)251646540045150035
529W10thSt21 (1 0)7572899502950009
240 VersaillesCt43 (2 1)16293999004150002
367 Glenbriar Cir 43 (2 1)21134499004520009
2965 Ray M Gutierrez 43 (3 0)18004298884300006
762 GlenpineCt33 (2 1)13883899504100006
955 BordonaLn33 (2 1)136135800035000012
1621 CoupePl32 (2 0)12453790003860007
4700 GlenbrookDr53 (3 0)283649490045000014
1040 Match PointPl43 (2 1)26545250005350006
2288 YellowstoneAve43 (2 1)223747500048500010
2080 VallerandRd43 (2 1)18983750003850009
2066 PedroLn32 (2 0)20704490004515006
840 KennedyPl43 (2 1)24984690004750004
2924 AlfalfaCt43 (2 1)21914349004550008
1790 TennisLn32 (2 0)14764150004150005