The following information is from the local MLS database, as of March 14th as compared to February 14th 2008.


ACTIVE Status:
Total # of Residential properties for sale in Weston Ranch: 346 337
Average # of days on market: 79 82
The Median price of all Homes for sale: $236,000 $249,000
The Average price of all Homes for sale:$250,698 $267,919

lowest priced home: 3bd/2ba/1,023 sq. ft /$100,900
Highest priced home: 6bd/4ba/3,376/$519,800

PENDING Status:
Number of properties currently under agreement: 90 60
Average pending price: $222,845 $236,562
Avr. pending home is 4bd, 3ba, 1908 sq. ft at a price $222,000 and 36 days on the market.


SOLD Status:
Residential property sold over previous 30 days:22 units or 4,963,900 16 units or $3,586,000 in sales volume.
Average sale price:$225,825 $218,100
Median sale price:$212,100  $213,098

High: $270,000 (4bd/3ba 2300 sq. ft home).
Low: $259,000 (2bd/2ba 1372 sq. ft home)
 

summary: Prices still going down but picking up. This is a REO Market at its strongest.

 The Weston Ranch Market went up Faster than all of the surrounding markets in the past 4 years. This is why the prices there are going down faster than the surrounding markets at present { surrounding Markets} Tracy, Lathrop, Manteca, Modesto, ect... If you are wanting to sell in this Market you have to compete with Bank owned homes as well as short sales. If you are a Buyer it is the BEST time in years to buy all things are in your favor Low interest rates and a huge amount of inventory to choose from. Which ever you are call the local EXPERTS to show you the way. The BARRINGER TEAM 1-800-894-7282  or e- mail us   tiger@bpbarringer.com

Below are links to previous Tracy Area Market Reports:

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

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