Tracy Area Market Report 2/2/09 vs. 3/3/09
Local Market Stats
The following information is from the local MLS database, as of March 3, 2009 as is compared to (February 2, 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: 593 (625)
# of REO (foreclosures): 208 (250)
# of Short Sales: 311 (298)
Average # of days on market: 87 (90)
The median price of all homes for sale in Tracy: $224,975 ($238,900)
The average price of all homes for sale in Tracy: $295,311 ($302,782)
Lowest priced home: 1bd/660 sq. ft./$54,900
Hghest priced home: 7bd/8,065 sq. ft./$1,700,000
PENDING Status
Number of properties currently under agreement: 344 (335)
# of REO: 273 (254)
Average pending price: $224,533 ($228,593)
Average pending home is 4 bedrooms, 2,008 square feet at a price of $224,533 that stays 57 days on the market.
SOLD Status
Residential property sold over previous 30 days: 124 homes or $26,789,383 in sales (124 homes or $29,065,342 in sales)
REO's sold in the last month: 103 (104)
Average sale price: $216,043 ($234,398)
Median sale price: $223,750 ($225,000)
High: 482K (6bd, 3,299 sq. ft. home)
Low: 37K (1bd, 502 sq. ft. home)
Weston Ranch, CA
ACTIVE Status
Total # of residential properties for sale in Weston Ranch: 192 (203)
# of REO (foreclosures): 85 (99)
# of Short Sales: 91 (89)
Average # of days on market: 64 (60)
The median price of all homes for sale in Weston Ranch: $139,900 ($139,950)
The average price of all homes for sale in Weston Ranch: $144,833 ($148,721)
Lowest priced home: 1bd/795 sq. ft./$19,900
Highest price home: 6bd/43,650 sq. ft./$375,000
PENDING Status
Number of properties currently under agreement: 158 (164)
# of REO: 134 (143)
Average pending price: $138,887 ($147,378)
Average pending home is 4 bedrroms, 1,936 square feet at a price of $138,887 that stays 46 days on the market.
SOLD Status
Residential property sold over previous 30 days: 63 homes or $9,307,955 (67 homes or $9,583,058)
Average sale price: $147,475 ($143,031)
Median sale price: $145,000 ($137,750)
High: 240K (6bd/3,000 sq. ft home)
(225K (5bd/3,000 sq. ft. home)
Low: $88,700 (3bd/1,070 sq. ft. home)
(64K (3bd/1,120 sq. ft. home)
Mountain House, CA
ACTIVE Status
Total # of residential properties for sale in the city of Mountain House: 102 (101)
# of REO (foreclosures): 15 (24)
# of Short Sales: 74 (64)
Average # of days on market: 57 (58)
The median price of all homes for sale in Mountain House: $331,950 ($324,900)
The average price of all homes for sale in Mountain House: $329,081 ($325,661)
Lowest price home: 2bd/1,260 sq. ft./$161,500
Highest price home: 5bd/3,914 sq. ft./$477,604
PENDING Status
Number of properties currently under agreement: 57 (40)
# of REO: 36 (25)
Average pending price: $308,799 ($327,806)
Average pending home is 4 bedrooms, 2,589 square feet at a price of $308,799 that stays 50 days on the market.
SOLD Status
Residential property sold over previous 30 days: 16 homes or $4,713,250 in sales (18 homes or $5,769,000 in sales)
REO's sold in the last month: 14 (13)
Average sale price: $294,578 ($320,500)
Median sale price: $294,500 ($330,000)
High: 380K (5bd/3,107 sq. ft. home)
Low: 189K (3bd/1,460 sq. ft. home)
Lathrop, CA
ACTIVE Status
Total # of residential properties for sale in the city of Lathrop: 171 (195)
# of REO (foreclosures): 81 (94)
# of Short Sales: 79 (79)
Average # of days on market: 63 (77)
The median price of all homes for sale in Lathrop: $174,900 ($185,375)
The average price of all homes for sale in Lathrop: $193,834 ($209,555)
Lowest price home: 2bd/995 sq. ft./$70,000
Highest price home: 4bd/4,165 sq. ft./$1,075,000
PENDING Status
Number of properties currently under agreement: 166 (149)
# of REO: 129 (127)
Average pending price: $196,353 ($200,271)
Average pending home is 4 bedrooms, 2,233 square feet at a price of $196,535 that stays 64 days on the market.
SOLD Status
Residential proerty sold over previous 30 days: 48 homes or $9,698,950 (42 homes or $8,302,600)
REO's sold in the last month: 45 (38)
Average sale price: $202,061 ($197,681)
Median sale price: $190,375 ($197,500)
High: 330K (6bd/3,969 sq. ft. home)
Low: 66.5K (3bd/1,144 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


