The following information is from the local MLS database, as of December 1, 2008 and is compared to (Novmeber 3, 2008).  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: 704 (652)

# of REO (foreclosures): 290 (298)

# of Short Sales: 304 (287)

Average # of days on market: 88 (69)

The median price of all homes for sale in Tracy: $249,900 ($245,000)

The average price of all homes for sale in Tracy: $347,957 ($266,381)

Lowest priced home: 1bd/502 sq. ft./$68,900

Highest priced home: 7bd/8,065 sq. ft./$2,950,000

 

PENDING Status

Number of properties currently under agreement: 407 (397)

# of REO: 288 (322)

Average pending price: $251,273 ($246,664)

Average pending home is 4 bedrooms, 2,090 square feet at a price of $251,273 that stays 43 days on the market.

SOLD Status

Residential property sold over previous 30 days: 174 homes or $43,949,960 in sales (163 homes or $42,527,215 in sales)

REO's sold in the last month: 154 (136)

Avareage sale price: $252,586 ($260,903)

Median sale price: $239,450 ($255,000)

High: 690K (6bd, 4,508 sq. ft. home)

Low: 56K (2bd, 632 sq. ft. home)

 

 

Mountain House, CA

ACTIVE Status

Total # of residential properties sold in the city of Mountain House: 115 (109)

# of REO (foreclosures): 20 (16)

# of Short Sales: 79 (78)

Average # od days on market: 65 (70)

The median price of all homes for sale in Mountain House: $362,400 ($369,900)

The average price of all homes for sale in Mountain House: $366,711 ($374,854)

Lowest priced home: 3bd/1,327 sq. ft./$209,900

Highest priced home: 5bd/3,975 sq. ft./$588,900

 

PENDING Status

Number of properties currently under agreement: 58 (55)

# of REO: 38 (41)

Average pending price: $319,642 ($331,183)

Average pending home is 4 bedrooms, 2,501 square feet at a price of $319,642 that stays 38 days on the market.

SOLD Status

Residential property sold over previous 30 days: 12 homes or $4,149,300 in sales (20 homes or $6,768,400 in sales)

REO's sold in the last month: 10 (17)

Average sale price: $345,775 ($338,420)

Median sale price: $344,400 ($348,450)

High: 463.5K (5bd, 3,634 sq. ft. home)

Low: 258K (3bd, 1,669 sq. ft. home)

 

 

Lathrop, CA

ACTIVE Status

Total # of residential properties for sale in the city of Lathrop: 240 (260)

# of REO: 119 (138)

# of Short Sales: 96 (99)

Average # of days on market: 74 (65)

The median price of all homes for sale in Lathorp: $199,900 ($209,900)

The average price of all homes for sale in Lathrop: $228,248 ($235,831)

Lowest priced home: 2bd/871 sq. ft./$78,900

Highest priced home: 6bd/4,165 sq. ft./$1,275,000

PENDING Status

Number of residential properties currently under agreement: 158 (169)

# of REO: 129 (143)

Average pending price: $215,832 ($214,359)

Average pending home is 4 bedrooms, 2,293 square feet at a price of $215,832 that stays 44 days on the market.

SOLD Status

Residential propert sold over previous 30 days: 60 homes or $12,384,777 (51 homes or $11,243,040 in sales)

REO's sold in the last month: 54 (46)

Average sale price: $206,413 ($220,452)

Median sale price: $205,000 ($230,000)

High: 380K (6bd/3,870 sq. ft. home)

Low: 85K (2bd/1,040 sq. ft. home)

 

 

Weston Ranch, CA

ACTIVE Status

Total # of residential properties for sale in Weston Ranch: 258 (284)

# of REO (foreclosures): 135 (156)

# of Short Sales: 104 (105)

Average # of days on market: 63 (58)

The median price of all homes for sale in Weston Ranch: $159,000 ($161,200)

The average price of all homes for sale in Weston Ranch: $163,342 ($172,396)

Lowest priced home: 1bd/868 sq. ft./$44,900

Highest priced home: 6bd/43,650 sq. ft./$420,000

PENDING Status

Number of properties currently under agreement: 181 (186)

# of REO: 147 (166)

Average pending price: $154,612 ($157,110)

Average pending home is 4 bedrooms, 1,961 square feet at a price of 154,612 that stays 44 days on the market.

SOLD Status

Residential property sold over previous 30 days: 59 homes or $9,368,244 in sales (59 homes or $10,067,563 in sales)

Average sale price: $158,784 ($170,637)

Median sale price: $150,150 ($165,000)

High: 280K (6bd/3,153 sq. ft home)

(260K (5bd/3,000 sq. ft. home))

Low: $95,444 (3bd/1,079 sq. ft. home)

(112K (3bd/1,120 sq. ft. home))

Below are links to previous Tracy Area Market Reports:

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

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 

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