Tracy Area Market Report 10/1/09 vs 9/1/09

Tracy Area Market Report 10/1/09 vs 9/1/09

 

The following information is from the local MLS database, as of October 1, 2009 and is compared to (September 1, 2009).  If you are interested in a little more market information feel free to give us a call, we are always happy to talk about the market.

Tracy, CA

ACTIVE Status

Total # of residential properties for sale in the city of Tracy: 351 (377)

# of REO (foreclosures): 38 (41)

# of Short Sales: 256 (260)

Average # of days on market: 91 (87)

The median price of all homes for sale in Tracy: $309,900 ($262,500)

The average price of all homes for sale in Tracy: $431,491 ($385,790)

Lowest priced home: 1bd/660 sq. ft./$50,000

Highest priced home: 5bd/5,667 sq. ft./$1,890,000

Square Feet

# of homes for sale in Tracy

Median List Price

Average List Price

1,000 to 1,400 *

17

$149,900

$305,555

1,500 to 2,000 **

22

$242,900

$290,489

2,000 to 4,000

45

$330,000

$444,851

 

PENDING Status

Number of properties currently under agreement: 341 (328)

# of REO: 120 (150)

# of Short Sales: 160 (136)

Average pending price: $228,593 ($224,139)

Average pending home is 4 bedrooms, 2,074 square feet at a price of $228,593 that stays 40 days on the market.

Square Feet

# of homes pending in Tracy

Median Pending Price

Average Pending Price

1,000 to 1,400 *

43

$134,900

$131,521

1,500 to 2,000 **

90

$191,000

$199,261

2,000 to 4,000

175

$259,900

$278,908


SOLD Status

Residential property sold over previous 30 days: 129 homes or $29,140,445 in sales (127 homes or $28,442,605 in sales)

REO’s sold in the last month: 80 (79)

Short sales sold in the last month: 25 (25)

Average sale price: $225,895 ($223,958)

Median sale price: $220,000 ($211,000)

High: 420K (5bd/3,947 sq. ft. home)

Low: 55.9K (2bd/737 sq. ft. home)

Square Feet

# of homes sold in the last month in Tracy

Median Sold Price

Average Sold Price

1,000 to 1,400 *

27

$143,000

$151,000

1,500 to 2,000 **

29

$200,000

$199,029

2,000 to 4,000

62

$272,500

$286,985


Mountain House, CA

ACTIVE Status

Total # of residential properties for sale in the city of Mountain House: 89 (91)

# of REO (foreclosures): 12 (9)

# of Short Sales: 67 (68)

Average # of days on market: 33 (31)

The median price of all homes for sale in Mountain House: $299,500 ($299,909)

The average price of all homes for sale in Mountain House: $297,082 ($305,080)

Lowest priced home: 2bd/1,262 sq. ft./$159,900

Highest priced home: 5bd/3,918 sq. ft./$496,900

Square Feet

# of homes for sale in Mountain House

Median List Price

Average List Price

1,000 to 1,400 *

4

$172,050

$171,925

1,500 to 2,000 **

1

$254,900

$254,900

2,000 to 4,000

14

$332,400

$355,729


PENDING Status

Number of properties currently under agreement: 89 (79)

# of REO: 25 (25)

# of Short Sales: 41 (36)

Average pending price: $296,490 ($300,978)

Average pending home is 4 bedrooms, 2,535 square feet at a price of $296,490 that stays 50 days on the market.

Square Feet

# of homes pending in Mountain House

Median Pending Price

Average Pending Price

1,000 to 1,400 *

5

$201,465

$189,463

1,500 to 2,000 **

13

$236,500

$239,069

2,000 to 4,000

67

$315,000

$317,951

 

SOLD Status

Residential property sold over previous 30 days: 34 homes or $11,451,353 in sales (27 homes or $7,911,880 in sales)

REO’s sold in the last month: 14 (15)

Short sales sold in the last month: 6 (6)

Average sale price: $336,805 ($293,033)

Median sale price: $330,000 ($300,000)

High: $555,878 (6bd/4,082 sq. ft. home)

Low: 165K (2bd/1,260 sq. ft. home)

Square Feet

# of home sold in the last month in Mountain House

Median Sold Price

Average Sold Price

1,000 to 1,400 *

3

$172,500

$188,792

1,500 to 2,000 **

1

$238,000

$238,000

2,000 to 4,000

28

$345,000

$356,306

 

Lathrop, CA

ACTIVE Status

Total # of residential properties for sale in the city of Lathrop: 89 (99)

# of REO (foreclosures): 12 (20)

# of Short Sales: 61 (61)

Average # of days on market: 64 (46)

The median price of all homes for sale in Lathrop: $193,455 ($187,650)

The average price of all homes for sale in Lathrop: $219,970 ($205,891)

Lowest priced home: 2bd/879 sq. ft./$84,900

Highest priced home: 5bd/4,165 sq. ft./$710,000

Square Feet

# of home sale in Lathrop

Median List Price

Average List Price

1,000 to 1,400 *

7

$142,900

$170,193

1,500 to 2,000 **

5

$159,900

$171,740

2,000 to 4,000

13

$214,900

$264,939

 

PENDING Status

Number of properties currently under agreement: 111 (126)

# of REO: 52 (62)

# of Short Sales: 30 (34)

Average pending price: $182,775 ($190,849)

Average pending home is 4 bedrooms, 2,258 square feet at a price of $182,775 that stays 35 days on the market.

Square Feet

# of homes pending  in Lathrop

Median Pending Price

Average Pending Price

1,000 to 1,400 *

17

$108,000

$103,952

1,500 to 2,000 **

22

$146,950

$151,225

2,000 to 4,000

67

$201,000

$216,071

 

SOLD Status

Residential property sold over previous 30 days: 60 homes or $10,837,635 in sales (55 homes or $10,506,032 in sales)

REO’s sold in the last month: 35 (34)

Short sales sold in the last month: 11 (4)

Average sale price: $180,627 ($191,019)

Median sale price: $180,000 ($190,000)

High: $314,950 (6bd/4,011 sq. ft. home)

Low: 50K (3bd/1,087 sq. ft. home)

Square Feet

# of homes sold in the last month  in Lathrop

Median Sold Price

Average Sold Price

1,000 to 1,400 *

14

$111,000

$110,507

1,500 to 2,000 **

11

$159,000

$156,091

2,000 to 4,000

32

$199,000

$221,860

 

Weston Ranch, CA

ACTIVE Status

Total # of residential properties for sale in Weston Ranch: 96 (83)

# of REO (foreclosures): 17 (13)

# of Short Sales: 71 (61)

Average # of days on market: 17 (42)

The median price of all homes for sale in Weston Ranch: $154,000 ($167,900)

The average price of all homes for sale in Weston Ranch: $151,372 ($161,227)

Lowest priced home: 1bd/1,070 sq. ft./$54,000

Highest price home: 5bd/3,376 sq. ft./$219,950

Square Feet

# of homes for sale in Weston Ranch

Median List Price

Average List Price

1,000 to 1,400 *

4

$104,950

$104,925

1,500 to 2,000 **

5

$129,900

$134,936

2,000 to 4,000

16

$172,400

$168,120

 

PENDING Status

Number of properties currently under agreement: 101 (100)

# of REO: 48 (53)

# of Short Sales: 35 (35)

Average pending price: $134,900 ($141,888)

Average pending home is 4 bedrooms; 1,800 square feet at a price of $134,900 that stays 34 days on the market.

Square Feet

# of homes pending in Weston Ranch

Median Pending Price

Average Pending Price

1,000 to 1,400 *

11

$119,900

$113,982

1,500 to 2,000 **

44

$129,000

$126,428

2,000 to 4,000

38

$171,625

$176,784

 

SOLD Status

Residential property sold over previous 30 days: 47 homes or $6,876,990 in sales (60 homes or $8,649,679 in sales)

Short sales sold in the last month: 4 (7)

REO's sold in the last month: 40 (48)

Average sale price: $146,319 ($144,161)

Median sale price: $145,000 ($142,500)

High: 225K (5bd/3,000 sq. ft. home)

(245K (5bd/3,376 sq. ft. home))

Low: 84K (2bd/1,070 sq. ft. home)

(27.8K (1bd/1,041 sq. ft. home))

Square Feet

# of homes sold in the last month in Weston Ranch

Median Sold

 Price

Average Sold Price

1,000 to 1,400 *

6

$117,500

$115,000

1,500 to 2,000 **

15

$128,000

$128,099

2,000 to 4,000

24

$161,500

$167,188

 * $0-$250,000

** $0-$260,000 

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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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