The following information is from the local MLS database, as of February  7, 2017 and is compared to (January 1, 2017).   Prices are staying steady this month and appear to be coming up some! The amount of listings 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 yr fixed at 4.35% and FHA/VA at 3.75%. 15 yr is 3.375. Still the lowest rates! NEW for 2017---FHA loan limits have risen in San Joaquin County to $362,250! 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: 99 (98)

# of REO (foreclosures): 0 (1)

# of Short Sales: 1 (6)

Average # of days on market: 33 (53)

#New Construction:  15

The median price of all homes for sale in Tracy: $495,000 ($512,475)

PENDING STATUS

Number of properties currently under agreement: 103 (90)

# of REO: 2 (1)

# of Pending Short Lender Approval: 10 (8)

# of New Construction:  13

Median pending price: $432,000 ($422,500)

 

SOLD STATUS

Residential property sold over previous 30 days: 51 homes (101)

REO's sold in the last month: 0 (3)

Short sales sold in the last month: 2 (2)

Median sale price: $415,000 ($415,000)

# of New Construction:  2

Median # of days on the market:  19 (18)

 

 

Mountain House, CA

 

ACTIVE STATUS

 

Total # of residential properties for sale in the city of Mountain House: 18 (16)

# of REO (foreclosures): 0 (0)

# of Short Sales: 0 (0)

# of New Construction: 0 (2)

Average # of days on market: 9 (51)

The median price of all homes for sale in Mountain House: $559,900 ($589,200)

 

PENDING STATUS

 

Number of properties currently under agreement: 27 (35)

# of REO: 0 (0)

# of Pending Short Lender Approval: 1 (0)

# New Construction: 7

Median pending price: $559,900 ($529,000)

 

SOLD STATUS

 

Residential property sold over previous 30 days: 16 homes (18 homes)

REO's sold in the last month: 0 (1)

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

New Construction sold: 0

Median sale price: $489,000 ($515,000)

Median # of days on the Market: 14  (21)

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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  
1928   Ponderosa Dr 3 2 (2 0) 2299 549900 549900 64  
27509 W Etcheverry Ct 5 (6) 5 (4 1) 5755 1449000 1390000 133  
2440   Alzira Ct 4 3 (3 0) 2304 450000 440000 109  
1815   Foxtail Way 3 2 (2 0) 1628 379900 378000 86  
221 E Beverly Pl 3 (4) 2 (2 0) 2578 415000 407500 55  
3   A St   2 1 (1 0) 672 220000 225000 106  
1150   Vallerand Rd 3 1 (1 0) 1043 320000 320000 111  
56 W 8th St 3 2 (2 0) 1924 445000 445000 68  
689   New Haven Dr 4 3 (3 0) 2910 569900 570000 41  
1443   Ray Harvey Dr 3 3 (2 1) 1441 374950 367500 46  
1200   Traditions St 3 3 (2 1) 1726 335000 302000 54  
2840   Highgate Ln 4 3 (2 1) 1705 395000 390000 91  
3413   Eagle Rock Loop 4 3 (2 1) 2113 488888 450000 67  
4286   Famoso Ln 3 3 (2 1) 1812 399900 415000 8  
1857   Bayonne Ct 4 (5) 3 (2 1) 3539 563950 565000 52  
31 W Eaton Ave 3 2 (2 0) 1300 299900 295000 45  
3567   Mary Jean Ln 4 3 (2 1) 1817 360000 350000 19  
1753   Woodland Ln 5 4 (3 1) 3009 499900 500000 40  
240   Tassajera Ct 3 3 (2 1) 1794 425000 420000 24  
438 W 23rd St 3 2 (2 0) 1390 354900 355000 8  
4561   Glenhaven Dr 4 3 (3 0) 2447 474500 455000 47  
851   Sequoia Blvd 3 2 (2 0) 1362 299000 302000 8  
3152   Zachary Ct 5 (6) 3 (3 0) 3279 519000 510000 55  
2167   Babcock Ln 4 3 (2 1) 2814 465000 455000 28  
530   Fiesta Ct 4 2 (2 0) 2357 599000 620000 19  
2217   Sudbury Ct 2 3 (2 1) 1080 270000 265000 60  
1266   Shady Ct 4 4 (3 1) 3168 699000 699000 15  
10801 W Clover Rd 2 1 (1 0) 768 225000 205000 57  
481   Wagtail Dr 4 3 (2 1) 1790 409000 401000 8  
4288   Roxbury Dr 4 3 (3 0) 2451 469888 455000 22  
49 E Ferdinand St 4 3 (2 1) 1726 399900 410000 4  
39 W Carlton Way 2 1 (1 0) 980 280000 260000 17  
385   Covey Ln 5 4 (3 1) 3409 479000 446800 22  
550 W Whittier Ave 4 2 (2 0) 1389 299950 300000 25  
1527   Parkside Ct 4 3 (2 1) 1817 420000 430000 10  
390   Jaeger St 4 3 (3 0) 1859 425000 425000 13  
1411   Maple Ct 4 3 (3 0) 1716 389000 389000 3  
1401   Biarritz St 5 5 (4 1) 3653 645000 655000 12  
400   Gonzalez St 3 3 (2 1) 1446 379900 390000 5  
707   Lourence Ct 3 (4) 2 (2 0) 1588 395000 415000 7  
45 W 9th St 3 3 (3 0) 1382 299000 285000 5  
3979   Leslie Ct 4 2 (2 0) 2032 442000 445000 10  
4465   TROPAZ Ln 3 2 (2 0) 1416 389000 395000 7  
1315   Dolores Ln   4 3 (2 1) 1892 410000 418000 15  
1676   Panorama Ct 4 3 (3 0) 2071 488000 499500 5  
210   Thomas Dehaven Ln 4 2 (2 0) 1639 350000 378000 9  
863   Willow Park Ln 4 3 (2 1) 1892 415000 415000 3  
100   Portola Way 3 3 (2 1) 1548 197000 225000 5  
2543   Merchant Dr 5 3 (2 1) 2919 510000 525000 5  
470   Krider Ct 3 (4) 2 (2 0) 1214 355000 375000 8  
949   Palm Cir 4 3 (1 2) 1230 220000 240000 7