Market Trends for Tracy and Mountain House

Local Market Stats for Jan. 2018

The following information is from the local MLS database, as of February 1, 2018 and is compared to (January 1, 2018).   Prices are increasing as the inventory is declining since last month as 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 now. Interest rates are fluctuating up and down with 30 yr fixed at 4.25% and FHA/VA at 3.75-4.0%. 15 yr is 3.35. 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: 63 (81)

# of REO (foreclosures): 0 (1)

# of Short Sales: 0 (1)

Average # of days on market: 54 (43)

#New Construction:  18

The median price of all homes for sale in Tracy: $560,000 ($550,000)

PENDING STATUS

Number of properties currently under agreement: 100 (97)

# of REO: 1 (0)

# of Pending Short Lender Approval: 4 (4)

# of New Construction:  6

Median pending price: $499,975 ($469,000)

SOLD STATUS

Residential property sold over previous 30 days: 66 homes (65)

REO's sold in the last month: 0 (0)

Short sales sold in the last month: 1 (4)

Median sale price: $466,750 ($442,000)

# of New Construction:  5

Median # of days on the market:  18 (17)

　

Mountain House, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Mountain House: 13 (7)

# of REO (foreclosures): 0 (0)

# of Short Sales: 1 (1)

# of New Construction: 3 (0)

Average # of days on market: 12 (18)

The median price of all homes for sale in Mountain House: $675,000 ($660,000)

PENDING STATUS

Number of properties currently under agreement: 21 (25)

# of REO: 0 (0)

# of Pending Short Lender Approval: 0 (0)

# New Construction: 8

Median pending price: $599,900 ($585,000)

SOLD STATUS

Residential property sold over previous 30 days: 13 homes (22 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: $529,000 ($571,000)

Median # of days on the Market: 14  (10)

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HOMES SOLD IN TRACY IN JANUARY

Take a look at this chart to see the SOLDS in Tracy for January.  Call us for a free Market Analysis on your home!  209-833-7777.

		Address		Beds	Baths	Sq Ft	List	Sell	DOM
2271		Summergate	Dr	2	3 (2 1)	1271	375000	375000	79
3599		Avalon	St	4	3 (2 1)	2574	615900	599900	160
2618		Remy Cantos	Dr	4	3 (3 0)	3235	661290	694134	46
7330		Delta	Ave	2	1 (1 0)	864	545000	505000	159
5987		W. Durham Ferry Rd.		3	3 (2 1)	2242	1650000	1650000	139
1768		Ponderosa	Dr	4	3 (3 0)	3235	637490	649811	68
1245		Constitution	Way	5	3 (3 0)	2574	650000	640000	91
2421		Ellis Town	Dr	4	3 (3 0)	2795	585000	575000	102
2240		Martin	Rd	3	2 (1 1)	1084	330000	327000	73
515		Winston	Ct	4	2 (2 0)	1454	385000	388000	23
1880		Bristlecone	Dr	3	2 (2 0)	1306	424999	424999	34
839		Williams	St	3	3 (2 1)	1428	399000	395000	58
1011	N	Hickory	Ave	4	2 (2 0)	1290	379900	365000	35
1153		Chaplin	Way	4 (5)	3 (3 0)	2294	480000	480000	59
1785	W	Kavanagh	Ave	4	3 (3 0)	2420	459000	445000	48
2840		Valentino	Ct	4	2 (2 0)	1778	429000	435000	4
1155		Poppy Hills	Ct	4	4 (3 1)	2968	549000	530000	70
741		Saffron	Dr	5	3 (3 0)	3264	569900	562000	60
2285		Morningside	Ct	2	3 (2 1)	1271	319000	319000	52
1919		Parker	Ave	2	1 (1 0)	520	230000	225000	37
1603		Egret	Dr	4	3 (3 0)	2300	475000	482000	42
728		F	St	3	1 (1 0)	1052	335000	335000	37
1444		Vivian	Ln	4	3 (3 0)	2933	535000	535000	4
2862		Safford	Ave	4	3 (2 1)	2776	520000	492000	26
1895		Calaveras	Ct	3	3 (2 1)	1808	466000	466000	51
410		Amber	Ct	3	2 (2 0)	1306	395000	405000	4
355		Hawthorne	Dr	2	2 (2 0)	967	329900	340000	11
2589		Almanor	Dr	4	3 (3 0)	2368	499950	499950	43
322		Fairmont	Ct	4 (5)	3 (3 0)	2316	479900	475000	26
462		Quail Run Circle		4	3 (3 0)	2588	535000	525000	22
2656		Spencer	Ct	3	2 (2 0)	1434	419950	427500	15
341	W	Eaton	Ave	2	2 (1 1)	2120	419950	415000	11
165		Silkwood	Ln	3	2 (2 0)	1755	474500	460000	20
2927		Taylor	Way	4	3 (2 1)	2176	469000	465000	22
4006		Long	Ave	4	4 (3 1)	3395	653900	640000	18
98		Primrose	Ct	3	3 (2 1)	2057	475000	475000	16
210		Wisteria	Ln	3 (4)	2 (2 0)	1841	465000	465000	9
2375		Christy	St	4	3 (3 0)	2052	444888	470000	16
874		Tom Fowler	Dr	5 (6)	3 (2 1)	2240	509950	509950	18
2425		Travao		3	2 (2 0)	1602	430000	432000	40
2135		Devin	Ct	4	3 (3 0)	1954	464900	475000	8
1657		Kyle Dayton	Dr	4	3 (3 0)	2111	549900	545000	15
1836		bankston	Dr	3 (4)	2 (2 0)	2145	499950	505000	3
2477		Stalsburg	Dr	4	3 (3 0)	2465	549990	555000	12
325		Covey	Ln	5	3 (3 0)	2962	520000	520000	20
313		Portola	Way	3	2 (2 0)	1199	360000	360000	5
451		Leamon	St	3	3 (2 1)	1446	410000	414000	6
2755		Redbridge	Rd	3	3 (2 1)	2698	589000	595000	29
304		William Pishner Jr	Dr	5	3 (3 0)	2389	499000	497000	3
2889		Hawkins	Ln	3	2 (2 0)	1483	438888	438888	11
1640	W	Kavanagh		3	2 (2 0)	1781	455000	440000	9
2875		Atlanta Drive		4	2 (2 0)	1854	380000	425000	9
463		Montclair	Ln	4	3 (2 1)	1868	467500	467500	3
1827		Camellia		3	3 (2 1)	1808	435000	435000	6
215		Christopher Michael	Ln	4	3 (2 1)	2215	499950	525000	5
1930		Birchwood	Ct	4	3 (3 0)	1772	450000	455000	10
2246		Sabrina	Way	4	2 (2 0)	1850	480000	470000	26
1301		Audrey	Dr	3	2 (2 0)	1529	395000	395000	13
1965		Silverberry	St	3 (4)	3 (2 1)	1808	429950	445000	9
1360		Busca	Dr	3	2 (2 0)	1329	375000	385000	6
2187		Wynngate	Ct	2	3 (2 1)	1080	358888	370000	8
951		Allegheny	St	3	2 (2 0)	1955	449950	455000	7
1623		Orchid	Dr	3	2 (2 0)	1156	398800	410000	6
1543		Egret	Dr	4	2 (2 0)	2030	475000	480000	5
1510		Joseph Menusa	Ln	4	2 (2 0)	1850	485000	485000	5
1933		Raven	Ct	5	3 (3 0)	2917	619000	650000	6