ACTIVE Status:
Total # of Residential properties for sale in the city of Tracy: 918 (920)
Average # of days on market: 81 (77).

The Median price of all Homes for sale in Tracy: $439,444 ($449,990)
The Average price of all Homes for sale in Tracy: $472,203 ($482,886)

PENDING Status:
Number of properties currently under agreement: 75 (66)
Average pending price: $408,775 ($422,579)

Avr. pending home is 4bd, 2.5ba, 2093 sq.ft at a price of and 74 days on the market and 73 days on market.)

SOLD Status:
Residential property sold over previous 30 days: 35 transactions or $14,881,199
in sales. (30 transactions, $13,184,594)

Average sale price: $425,177
Median sale price: $419,900

High: 749K (5/4bd 3485 sq.ft home).
Low: 220K (1122 sq.ft home)

Summery:
The market is slow but there is a steady pick up in sales. Housing inventory is staying about the same, in the low 900s. There is a steady increase in the amount of homes sold. Another interesting point is the number of pending homes (75). This is an indication that we should see a increase in the number of homes sold next month. There are more sales as homes become more affordable. Another indication of a market pick-up is that vacant properties in Tracy are down to 383.

Below are links to previous Tracy Area Market Reports:

2/14/08 vs. 1/11/08 http://tracyrealestateexpert.com/blog_post.asp?post=8226

10/30/07 http://tracyrealestateexpert.com/blog_post.asp?post=5779

2/2/09 vs 1/2/09 http://www.tracyrealestateexpert.com/Blog/Tracy-Area-Market-Report-2209-vs-1209

1/2/09 vs. 12/1/08 http://tracyrealestateexpert.com/blog_post.asp?post=20478

12/1/08 vs. 11/3/08 http://www.tracyrealestateexpert.com/blog_post.asp?post=19465

11/3/08 vs. 10/1/08 http://www.tracyrealestateexpert.com/blog_post.asp?post=18625

10/1/08 vs. 9/2/08 http://www.tracyrealestateexpert.com/blog_post.asp?post=17634

9/2/08 vs. 8/1/08 http://www.tracyrealestateexpert.com/blog_post.asp?post=16678

8/1/08 vs. 7/9/08 http://www.tracyrealestateexpert.com/blog_post.asp?post=15614

 4/4/08 vs. 3/4/08 http://tracyrealestateexpert.com/blog_post.asp?post=9503

3/14/08 vs. 2/14/08 http://tracyrealestateexpert.com/blog_post.asp?post=8914

3/14/08 vs. 2/14/08 http://tracyrealestateexpert.com/blog_post.asp?post=8913

2/14/08 vs. 1/11/08 http://tracyrealestateexpert.com/blog_post.asp?post=8227