Wednesday, November 1, 2017

Local Market Trends for October 2017

Market Stats for Tracy and Mountain House

The following information is from the local MLS database, as of November 1, 2017 and is compared to (October 1, 2017).   Prices are slowly 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. 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.  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 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 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: 120 (133)
# of REO (foreclosures): 0 (2)
# of Short Sales: 2 (1)
Average # of days on market: 26 (28)
#New Construction:  16
The median price of all homes for sale in Tracy: $515,000 ($529,000)
PENDING STATUS
Number of properties currently under agreement: 115 (129)
# of REO: 0 (0)
# of Pending Short Lender Approval: 4 (5)
# of New Construction:  6
Median pending price: $455,000 ($435,000)

SOLD STATUS
Residential property sold over previous 30 days: 85 homes (95)
REO's sold in the last month: 1 (0)
Short sales sold in the last month: 2 (0)
Median sale price: $445,000 ($465,000)
# of New Construction:  3
Median # of days on the market:  13 (11)

 
Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 23 (20)
# of REO (foreclosures): 1 (1)
# of Short Sales: 0 (0)
# of New Construction: 2 (3)
Average # of days on market: 14 (25)
The median price of all homes for sale in Mountain House: $609,700 ($625,000)

PENDING STATUS

Number of properties currently under agreement: 35 (28)
# of REO: 0 (0)
# of Pending Short Lender Approval: 0 (0)
# New Construction: 4
Median pending price: $560,000 ($567,450)

SOLD STATUS

Residential property sold over previous 30 days: 17 homes (28 homes)
REO's sold in the last month: 0 (0)
Short sales sold in the last month: 0 (0)
New Construction sold: 0
Median sale price: $525,000 ($590,000)
Median # of days on the Market: 9  (10)
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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  BedsBathsSq Ft List Selling    DOM 
830 ColonialLn53 (3 0)236044000043000019 
3963 SummitDr43 (3 0)2973569900559900292 
4066 LongAve43 (3 0)280956890055550079 
27220SCorral HollowRd33 (2 1)198558000055000030 
2171 Spring ViewCt23 (2 1)127133000033000010 
8909 Palmquist Rd 32 (2 0)179947500031666743 
130 YosemiteDr31 (1 0)100034900035900016 
2146 LighthouseCir4 (5)3 (3 0)361075000075000065 
290 TudorWay33 (2 1)134839950040000097 
4584 OliviaLn54 (4 0)335254990054500057 
1827 WoodbineWay43 (3 0)290761590059990066 
2092 EgretDr43 (3 0)258249500049000067 
343WBeverlyPl3 (4)2 (2 0)154540995041200067 
1970 Notre DameCt5 (6)3 (3 0)269654900053500042 
971 AlleghenySt43 (3 0)258249990049500057 
813EWinterLn32 (2 0)116539500038000049 
351 JaegerSt33 (2 1)144641000041500050 
27510SCorral HollowRd43 (3 0)260874900074500021 
1466 MontaubanCt54 (3 1)342262000062000010 
674 NacomisCt43 (2 1)219047990046750053 
17 ReginaDr33 (2 1)14544200004330006 
499 KriderCt43 (2 1)185941900043750012 
389 BurlingtonDr3 (4)3 (2 1)213546599946000041 
327WWhittierAve31 (1 0)82931990031000044 
1965 BirchwoodCt32 (2 0)152242500042500028 
2603 Daniel Hansen Way 43 (3 0)287858900058700012 
24986SMacarthurDr42 (2 0)210658990058000041 
2915 AtlantaCt3 (4)3 (2 1)179640900040800044 
2880 ButlerCt42 (2 0)185438000037500011 
1711 AshtreeWay44 (3 1)245447400047500038 
1387 PerryCt43 (3 0)270662495061495025 
1631 BayberryLn42 (2 0)172043399944000012 
1330 BluegrassLn32 (2 0)13344109004100007 
1421 DivineLn33 (2 1)190243500043500010 
80 Portola 22 (1 1)105020000020500018 
1404 YorkshireLoop42 (2 0)203448990046500026 
1251 LonnaWay32 (2 0)141540500040200018 
1270 Davis CupCt43 (2 1)246947990047990035 
2817 ButhmannAve32 (2 0)14403499003700007 
2798 HawkinsLn3 (4)3 (2 1)21424950005000008 
135E22ndSt41 (1 0)124032500032500017 
1585 Hoot OwlCt43 (3 0)273254000053500018 
2107 ShenandoahSt3 (4)3 (3 0)279154900056500013 
2713 RemingtonWay22 (2 0)123541500041400028 
753 Quail RunCir42 (2 0)24534999505250006 
1305 BlairAve53 (3 0)272349950049500015 
565 PeerlessWay22 (2 0)10772500002500008 
1450 LocustDr32 (2 0)14043850003940008 
490WKavanaghAve32 (2 0)163636500036500013 
25 PhillipCt33 (2 1)181247900052000011 
1347 GentryLn33 (2 1)15314199004300008 
358 GlenbriarCir42 (2 0)230052800052150011 
1609 DoveDr43 (2 1)29026390006650007 
2452 choisserCt5 (6)3 (3 0)289249900050000019 
1415 EagleSt53 (3 0)296153000051750011 
230 AdobeLn43 (2 1)20324650004775006 
1880 TahoeCir43 (3 0)252152000051750022 
1612 GlazzyLn33 (2 1)19094500004540009 
1340 DivineLn33 (2 1)19024500004550007 
1465 CypressDr32 (2 0)112036500038550012 
4554 CrabappleCt53 (2 1)345152500052000016 
1609 Cherry BlossomLn42 (2 0)18104510004600007 
2466 OzarkDr43 (3 0)23844999505100007 
1440 MadisonAve43 (3 0)26503999503899504 
2481 GarrettCt3 (4)3 (2 1)228549995049995010 
2091 GarrisonLn43 (2 1)22204150004160004 
1146 SolomonCt43 (2 1)178945500045500013 
31 Charles 33 (2 1)145441900042800014 
848 WilliamsSt3 (4)3 (2 1)185843950043402518 
24266SCabeRd21 (1 0)7803499503500007 
540 WagtailDr32 (2 0)11543690003700006 
8782 VineLn44 (3 1)406998990098900012 
454WEmersonAve21 (1 0)85533500034000020 
1180 FruitwoodCt32 (2 0)11663900003900002 
60WSouthSt33 (2 1)15683990004200005 
1920 BessieAve21 (1 0)94534000033000014 
2844 CaseyCt5 (6)3 (3 0)31336700006760006 
1372 HamptonCt43 (2 1)22724750004810005 
1225 DoublesCt32 (2 0)16984599004650003 
55WCloverRd32 (2 0)11913399983450008 
1212 WalnutSt32 (2 0)12803600003600007 
1521 AnnieCt32 (2 0)18344500004550007 
2546 SpencerLn32 (2 0)14344299904299905 
30 HawthorneDr32 (2 0)11913399993450005 
2295 BarcelonaDr43 (2 1)23375200005200004