Tracy Area Market Report 2/2/09 vs. 1/2/09
Local Market Stats
The following information is from the local MLS database, as of February 2, 2009 and is compared to (January 2, 2009). If you 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: 625 (651)
# of REO (foreclosures): 250 (290)
# of Short Sales: 298 (281)
Average # of days on market: 90 (88)
The median price of all homes for sale in Tracy: $238,900 ($238,550)
The average price of all homes for sale in Tracy: $302,782 ($308,868)
Lowest priced home: 1bd/660 sq. ft./$55,000
Highest priced home: 6bd/5,937 sq. ft./$2,650,000
PENDING Status
Number of properties currently under agreement: 335 (346)
# of REO: 254 (257)
Averge pending price: $228,593 ($249,459)
Average pending home is 4 bedrooms, 1,992 square feet at a price of $228,593 that stays 50 days on the market.
SOLD Status
Residential property sold over previous 30 days: 124 homes or $29,065,342 in sales (142 homes or $34,122,597 in sales)
REO's sold in the last month: 104 (123)
Average sale price: $234,398 ($240,300)
Median sale price: $225,000 ($240,000)
High: 650K (7bd, 4,279 sq. ft. home)
Low: 37K (2bd,594 sq. ft. home)
Mountain House, CA
ACTIVE Status
Total # of residential property sold in the city of Mountain House: 101 (103)
# of REO (foreclosures): 24 (21)
# of Short Sales: 64 (69)
Average # of days on market: 58 (67)
The median price of all homes for sale in Mountain House: $324,900 ($352,500)
The average price of all homes for sale in Mountain House: $325,661($337,531)
Lowest price home: 3bd/817 sq. ft./$229,900
Highest price home: 5bd/3,706 sq. ft./$477,604
PENDING Status
Number of properties currently under agreement: 40 (44)
# of REO: 25 (31)
Average pending price: $327,806 ($316,406)
Average pending home is 4 bedrooms, 2,771 square feet at a price of $327,806 that stays 51 days on the market.
SOLD Status
Residential property sold over previous 30 days: 18 homes or $5,769,000 in sales (20 homes or $6,410,100 in sales)
REO's sold in the last month: 13 (16)
Average sale price: $320,500 ($320,505)
Median sale price: $330,000 ($313,000)
High: 406K (5bd, 3,975 sq. ft. home)
Low: 225K (3bd, 1,813 sq. ft. home)
Lathrop, CA
ACTIVE Status
Total # of residential properties for sale in the city of Lathrop: 195 (222)
# of REO (foreclosures): 94 (117)
# of Short Sales: 79 (85)
Average # of days on market: 77 (83)
The median price of all homes for sale in Lathrop: $185,375 ($187,900)
The average price of all homes for sale in Lathrop: $209,555 ($209,845)
Lowest priced home: 2bd/871 sq. ft./$70,000
Highest priced home: 6bd/4,165 sq. ft./$1,075,000
PENDING Status
Number of properties currently under agreement: 149 (119)
# of REO: 127 (105)
Average pending price: $200,271 ($212,912)
Average pending home is 4 bedrooms, 2,207 square feet at a price of $200,271 that stays 54 days on the market.
SOLD Status
Residential property sold over previous 30 days: 42 homes or $8,302,600 in sales (65 homes or $13,645,656 in sales)
REO's sold in the last month: 38 (62)
Average sale price: $197,681 ($209,887)
Median sale price: $197,500 ($207,100)
High: $337,500 (6bd//3,714 sq. ft. home)
Low: $103,000 (3bd/988 sq. ft. home)
Weston Ranch, CA
ACTIVE Status
Total # of residential properties for sale in Weston Ranch: 203 (227)
# of REO (foreclosures): 99 (111)
# of Short Sales: 89 (98)
Average # of days on market: 60 (58)
The median price of all homes for sale in Weston Ranch: $139,950 ($149,900)
The average price of all homes for sale in Weston Ranch: $148,721 ($156,864)
Lowest priced home: 3bd/868 sq. ft./$35,000
Highest priced home: 6bd/3,376 sq. ft./$375,000
PENDING Status
Number of properties currently under agreement: 164 (160)
# of REO: 143 (145)
Average pending price: $147,378 ($149,069)
Average pending home is 4 bedrooms, 2,017 square feet at a price of $147,378 that stays 49 days on the market.
SOLD Status
Residential property sold over previous 30 days: 67 homes or $9,583,058 in sales (84 homes or $12,796,308 in sales)
Average sale price: $143,031 ($152,337)
Median sale price: $137,750 ($149,500)
High: 225K (5bd/3,000 sq. ft. home)
(250K (6bd/3,153 sq. ft.home))
Low: 64K (3bd/1,120 sq. ft. home)
($60,225 (3 bd/1,159 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
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
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


