The following information is from the local MLS database, as of March 1, 2017 and is compared to (February 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 yr fixed 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: 92 (99)

# of REO (foreclosures): 2 (0)

# of Short Sales: 2 (1)

Average # of days on market: 27 (33)

#New Construction:  16

The median price of all homes for sale in Tracy: $504,000 ($495,000)

PENDING STATUS

Number of properties currently under agreement: 119 (103)

# of REO: 2 (2)

# of Pending Short Lender Approval: 16 (10)

# of New Construction:  13

Median pending price: $428,000 ($432,000)

 

SOLD STATUS

Residential property sold over previous 30 days: 53 homes (51)

REO's sold in the last month: 1 (0)

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

Median sale price: $430,000 ($415,000)

# of New Construction:  5

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

 

 

Mountain House, CA

 

ACTIVE STATUS

 

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

# of REO (foreclosures): 0 (0)

# of Short Sales: 1 (0)

# of New Construction: 0 (0)

Average # of days on market: 11 (9)

The median price of all homes for sale in Mountain House: $610,000 ($559,900)

 

PENDING STATUS

 

Number of properties currently under agreement: 36 (27)

# of REO: 0 (0)

# of Pending Short Lender Approval: 1 (1)

# New Construction: 5

Median pending price: $572,400 ($559,900)

 

SOLD STATUS

 

Residential property sold over previous 30 days: 6 homes (16 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: $492,750 ($489,000)

Median # of days on the Market: 6  (14)

*************************

 

HOMES SOLD IN TRACY IN FEBRUARY

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

    Address    Beds Baths      Sq Ft  List  Sell    DOM
2643   Remington   4 3 (2 1) 2927 565000 564000 120  
2925   Alfalfa Ct 5 3 (3 0) 2557 400000 412000 82  
2594   Lotus Way 4 3 (3 0) 3235 579900 586143 67  
745   Cambridge Ct 3 (4) 3 (2 1) 1934 429999 430000 126  
535 W Carlton Way 3 2 (2 0) 1672 354900 326000 92  
1961   Oregano Way   4 (5) 3 (3 0) 2559 497999 498000 124  
2451   Amatchi Dr 5 4 (3 1) 3767 615000 610000 106  
495   Pescadero Ave 4 3 (2 1) 1817 369000 360000 74  
3952   Summit Dr 4 3 (3 0) 2976 559900 549900 40  
3953   Summit Dr 4 3 (3 0) 2607 539900 539900 68  
4140   Comstock Pl 4 5 (4 1) 3565 639900 615000 90  
824   Bogetti Ln 3 3 (2 1) 1372 390000 375000 36  
2179   Frank Blondin   5 3 (3 0) 3021 525000 510000 89  
749   New Haven Dr 4 4 (3 1) 3308 539900 540000 55  
1848   Ponderosa Dr 3 2 (2 0) 2299 551900 540000 81  
1540   Bayberry Ln 5 4 (4 0) 3023 539000 523000 60  
4865   Dandelion Loop 5 3 (3 0) 2720 489950 480000 84  
11401   Mountain View Rd 4 3 (3 0) 2506 625000 625000 9  
631   Ben Ingram Ct 4 4 (4 0) 2527 504990 504990 39  
1036   Lourence Dr 3 3 (2 1) 1547 409950 409950 27  
1115   Constitution Way 5 3 (2 1) 2392 692000 664900 47  
4465   TROPAZ Ln 3 2 (2 0) 1416 389000 395000 7  
1205   Mae Ave 4 2 (2 0) 2570 389000 389000 16  
1882   Placid Dr 4 3 (2 1) 2643 459999 450000 30  
105 E 20th St 3 1 (1 0) 1085 319900 325000 19  
2808   Holly Dr 2 1 (1 0) 677 200000 185000 20  
100   Portola Way 3 3 (2 1) 1548 197000 225000 5  
597 N Hickory Ave 3 2 (2 0) 1120 299000 312500 9  
3472   Eagle Rock Loop 3 2 (2 0) 1599 418000 418000 7  
951   Belle Ct 4 3 (2 1) 1778 420000 420000 9  
327 E 22nd St 3 (4) 2 (2 0) 1217 290000 300000 14  
2835   Hawkins Ct 5 3 (2 1) 2390 449950 460000 7  
805   Applegate Ct 3 3 (2 1) 1533 339000 344000 7  
941   Windsong Dr 4 (5) 3 (3 0) 2604 469900 466000 6  
700   Potsgrove Pl 3 (4) 3 (2 1) 1934 434900 456000 10  
984   Gotland Ct 3 (4) 3 (2 1) 1726 435000 435000 0  
2962   Candido Ct 3 2 (2 0) 1395 369000 360000 8  
804   Mabel Josephine Dr 4 2 (2 0) 1878 399000 439950 6  
591   Sequoia Blvd 3 2 (2 0) 1168 335000 345000 3  
850   Tarrogana Dr 3 2 (2 0) 1574 365000 385000 4  
2162   Cabana Ln 4 3 (2 1) 2396 420000 426000 1  
238 W 21st St 3 2 (2 0) 1047 275000 275000 12  
1403   Whittingham Dr 3 2 (2 0) 1554 450000 455000 10  
2435   Lincoln Blvd 4 3 (3 0) 2235 459900 459900 4  
1040   Winter Ct 3 2 (2 0) 1334 369000 390000 6  
125   Loma Prieta Cirlce   3 (4) 3 (2 1) 2045 399000 410000 4  
1655   Jasmine Ct 3 2 (2 0) 1348 365000 370000 1  
1685   Meadow Lark Ln 5 3 (3 0) 2598 455000 450000 20  
4653   Morning Brook Ln 4 3 (3 0) 2603 388000 430000 16  
3413   Eagle Rock Loop 4 3 (2 1) 2113 488888 450000 67  
1213   Montgomery Ln 5 3 (2 1) 2130 419000 430000 18  
2534   Remy Javier Ct 4 3 (3 0) 2878 519995 510000 25  
185   Hawthorne Dr 3 2 (2 0) 1191 299000 315000 10