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Tracy California Real Estate Market

by The Barringer Team

The following information is from the local MLS database, as of July 2, 2014 and is compared to(June 1, 2014). Summer is now in full swing with long hot days.   Prices are still rising but as the number of homes on the market increases so do the days on the market.  It may take more than one weekend to sell a house, but the good ones always sell if they are priced right.  Interest rates have nudged slightly higher with 30 yr fixed at 4.225% and VA and FHA 30 yr fixed at 3.875% 
   If you have been on the Fence about selling your home then NOW is still the time to sell.  More and more homes will be coming on the market in the months to come. If you are curious to see how much equity you have in your house, give us a call for a market analysis! Or go to our new service for instant valuation of your home on the internet atwww.tracyhomevalue.com.  or  Just call or e-mail for an hassle free appointment or to just talk about the market anytime. 1-800-894-7282 or sales@tracyhomes.com.

Tracy, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Tracy: 153 (134)

# of REO (foreclosures): 6 (4)

# of Short Sales: 10  (5)

Average # of days on market: 22 (26)

The median price of all homes for sale in Tracy: $415,000 ($399,900)

 

PENDING STATUS

Number of properties currently under agreement: 132 (129)

# of REO: 4 (9)

# of Pending Short Lender Approval: 27 (35)

Median pending price: $349,475 ($340,000)

 

SOLD STATUS

Residential property sold over previous 30 days: 76 homes (74)

REO's sold in the last month: 6 (2)

Short sales sold in the last month: 8 (4)

Median sale price: $371,970 ($358,000)

Median # of days on the market:  13 (15)

 

 

Mountain House, CA

 

ACTIVE STATUS

 

Total # of residential properties for sale in the city of Mountain House: 48 (40)

# of REO (foreclosures): 1 (1)

# of Short Sales: 1 (1)

# of New Construction: 7 (3)

Average # of days on market: 30 (25)

The median price of all homes for sale in Mountain House: $515,600 ($498,886)

 

PENDING STATUS

 

Number of properties currently under agreement: 47 (61)

# of REO: 0 (2)

# of Pending Short Lender Approval: 4 (6)

Median pending price: $436,900 ($475,000)

 

SOLD STATUS

 

Residential property sold over previous 30 days: 28 homes (10 homes)

REO's sold in the last month: 1 (0)

Short sales sold in the last month: 1 (0)

New Construction sold: 3

Median sale price: $516,500 ($412,000)

Median # of days on the Market: 8  (12)

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HOMES SOLD IN TRACY IN JUNE

Take a look at this chart to see the SOLDS in Tracy for June.  Notice the list to sold price? Not as many getting over asking.   So call us for a free Market Analysis on your home!  209-833-7777.

    Address    Beds Baths SqFt  List Price  Sell Price DOM
8686 W Fairoaks Rd 4 3 (2 1) 1926 450000 450000 27  
1305   Huckleberry Ct 4 3 (3 0) 2910 455000 450000 113  
1586   Hummingbird Way 5 3 (3 0) 2486 479000 479000 171  
1365   Bessie Ave 3 2 (2 0) 1383 229900 185000 124  
552 W Emerson Ave 2 1 (1 0) 720 99000 100619 5  
1282   Annamarie Way 4 3 (3 0) 2412 429900 430000 125  
1052   Tulloch Dr 5 3 (3 0) 3101 438000 430000 140  
844   Jesse Martinez Dr 4 4 (3 1) 2356 467490 459734 125  
951 N Hickory   3 2 (2 0) 1132 245000 235000 0  
2221   Bridle Creek Cir 3 2 (2 0) 1366 295000 293944 17  
1303   Cochran Dr 4 3 (2 1) 2045 399950 394000 23  
1656   Wall St 2 1 (1 0) 726 189950 189950 46  
531 W Deerwood Ln 4 2 (2 0) 1312 265000 268000 0  
1954   Foxclove Dr 4 3 (3 0) 2486 482000 482000 63  
1618   Tamarisk Ln 4 (5) 3 (3 0) 2259 414900 415000 72  
2064   Thelma Loop 4 3 (3 0) 2158 329999 361500 39  
320 W Eaton Ave 3 1 (1 0) 1196 270000 270000 49  
2128   Babcock Ln 4 4 (3 1) 2746 480000 460000 40  
246 E Highland Ave 2 1 (1 0) 801 229900 225000 4  
1133   Powell Ct 4 (5) 3 (3 0) 2368 399000 410000 43  
1821   Kern St 4 3 (3 0) 2813 459950 455000 44  
4015   Tropaz Ln 4 3 (2 1) 2120 379950 355000 47  
1030   Sultana Dr 3 2 (2 0) 1167 191000 215000 22  
2702   Stoney Creek Ct 4 2 (2 0) 1557 359999 365500 17  
432   Quail Run Cir 4 4 (3 1) 2588 519900 516000 9  
2120   Frank Blondin Ln 4 3 (3 0) 2095 405000 388000 25  
1235   Bessie Ave 3 1 (1 0) 1163 185000 215000 6  
1485   Vintage Ct 3 2 (2 0) 1444 336000 340000 14  
2533   Evelyn Ct 4 3 (2 1) 1565 380000 365000 29  
2779   Jackson Ave 4 3 (3 0) 2331 401999 397000 13  
135   Hollywood   3 2 (2 0) 1467 325000 308000 21  
2060   Tahoe   4 3 (3 0) 2521 428000 410000 62  
2439   Anita Ct 5 3 (3 0) 3208 580000 580000 25  
1463   Whittingham Dr 4 3 (3 0) 2038 420000 404000 9  
1771   Blossomwood Ln 3 2 (2 0) 1722 335000 335000 2  
2145   Olympic Ave 4 3 (2 1) 2267 414990 402500 29  
441   Hotchkiss St 4 3 (3 0) 1950 339000 335000 29  
420   Lierly St 3 3 (2 1) 1446 309950 310000 12  
920   Dolores Ct 3 3 (2 1) 1892 360000 360000 34  
2111   Bridle Creek Cir 4 3 (2 1) 1565 389999 381000 21  
1452   Parkington Ln 5 3 (3 0) 2516 389000 420000 14  
3721   Farnham Dr 4 (5) 3 (2 1) 2029 419990 415000 16  
2469   Chambers Ct 3 3 (2 1) 2285 405000 405000 9  
1655   Wall St 2 1 (1 0) 904 179000 165000 25  
2242   Holtspur Ct 3 3 (2 1) 1533 255000 255000 6  
1288   Hamlet Ct 3 2 (2 0) 1639 424950 424950 35  
560   Czerny St 3 3 (2 1) 1446 317000 320000 11  
1411   Oak Ct 3 2 (1 1) 1040 249000 270000 11  
1940   Bridle Creek Cir 4 3 (3 0) 1980 389900 385000 6  
3916   Chateau Ln 4 3 (2 1) 2120 377900 379000 3  
1221   Coolidge Ave 4 2 (2 0) 1376 309950 304950 7  
948   Williams St 3 (4) 3 (2 1) 1858 359000 355000 7  
1795   Tahoe Cir 3 3 (2 1) 1880 369900 375000 7  
41 E Lowell Ave 2 1 (1 0) 1101 245000 245000 5  
545   Cape Breton Ln 4 (5) 3 (2 1) 2432 429000 415000 19  
1305   Edmonton Ct 5 3 (3 0) 2508 489000 480000 4  
1932   Clearbrook Ct 4 3 (3 0) 2077 365000 360000 26  
4161   Glenhaven Dr 5 (8) 3 (3 0) 2836 449999 430125 30  
8418   Waterwell Way 5 (6) 5 (4 1) 3811 949888 931000 13  
4825   Dandelion Loop 4 3 (2 1) 2381 399000 410000 9  
1635   Gardenia Ct 4 3 (3 0) 2420 439000 439000 12  
2606   Ozark Dr 4 3 (2 1) 2190 385000 385000 2  
448   Glenbriar Cir 4 3 (2 1) 2296 405000 405000 4  
1560   Hurley Ct 3 2 (2 0) 1245 258000 250000 9  
4362   Glenhaven Dr 4 3 (3 0) 2215 425000 419000 14  
95   Victoria St 3 3 (2 1) 1812 359900 359900 6  
785   Mabel Josephine Dr 3 2 (2 0) 1733 359950 368950 12  
2755   Georgia Dr 4 3 (2 1) 1778 340000 325000 6  
2661   Shofield Ct 3 2 (2 0) 1518 340000 347000 7  
1823   Wall St 3 1 (1 0) 1080 239900 232500 9  
2540   Alzira Ct 3 2 (2 0) 1803 310000 300000 6  
2142   Tennis Ln 5 4 (4 0) 3089 460000 450000 13  
460   Tennis Ln 3 (4) 3 (2 1) 1973 369000 367000 4  
2130   Bettencourt Way 3 2 (2 0) 1660 330000 351000 4  
2211   Robert Gabriel Dr 3 2 (2 0) 2129 375000 375000 3  
1330   Dronero Way 4 2 (2 0) 1844 335000 335000 5  

First 2 Weeks

by The Barringer Team

The Critical First Two Weeks of Marketing Your Home For Sale

Brokers share their listings with other brokers in the multiple listing service (MLS) under certain rules of cooperation and compensation. One of the rules of cooperation is that each broker and agent make a new listings available to other MLS members within 24 or 48 hours of signing the listing agreement with the seller.

This is to give you, the seller, the greatest chance of selling your home during the first two weeks of marketing. This critical two-week period is your best opportunity to sell your home.

Several key events happen quickly:

Your home will be entered into the MLS showing system with your showing instructions, so that other agents can bring their buyers to see your home. While your listing is being prepared for marketing, your agent will contact his or her buyers and inform colleagues of the new listing.

Other data such as mapping, satellite image, neighborhood information, tax roll data, school information and other data will be added to your listing so that buyers can get the full picture of what it's like to live in your home.

Your agent will either take photos, or schedule a videographer to help market your home with photos and video. This enables buyers to walk through your home and property virtually, so they can choose or eliminate your home when deciding which home to buy.

Your agent may create virtual or printed "feature" sheets that showcase your home's features to advantage, so buyers can remember it was your home they liked best when it's time to do side-by-side comparisons.

Your agent will schedule your home on the MLS tour for other agents to see, and ask for feedback. The agents who see your home in person are important, as they will be able to report your home's features and condition to their buyers. Homes in top move-in-ready condition sell faster and for more money.

Your agent will distribute your listing data to his or her website or blog, accounts such as Twitter or Instagram, the broker's website, and third-party sites like Realtor.com, Zillow, or Trulia.

Your agent will put a sign in your yard announcing your home is for sale.

Your agent may advertise your home in a number of places, including the local newspaper and homes magazines. Your agent may also put your home in their personal marketing tools such as e-magazines, newsletters, or email alerts to prospective buyers.

Anyone who is interested in homes in your price range and area will know your home is available for sale within the first two weeks of marketing.

If you don't get many showings or offers, chances are good that your home may be facing stiff competition from other homes on the market. They are in a better location, or superior condition or they're priced more aggressively.

If you don't have showings within two weeks of listing your home, consult your agent. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage.

Give your home a little more time before you adjust the price. You may be in a buyer's market with many homes for sale. If so, buyers need more time to sort through the homes on the market.

You don't want to take chances when marketing your home. Your best chance of selling your home is when it's new to the market and exciting to buyers. Don't lose your advantage by overpricing or underpreparing your home for market. 

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The Barringer Team
Century 21 M&M and Associates
912 W 11th Street
Tracy CA 95376
209-833-7777
800-984-7282
Fax: 209-229-7426
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