Local Market Trends

The following information is from the local MLS database, as of April 2, 2009 and is compared to (March3, 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: 494 (593)

# of REO (foreclosures): 144 (208)

# of Short Sales: 284 (311)

Average # of days on market: 103 (87)

The median price of all homes fro sale in Tracy: $228,155 ($224,975)

The average price of all homes for sale in Tracy: $330,687 ($295,311)

Lowest priced home: 1bd/660 sq. ft./$61,375

Highest priced home: 6bd/7,004 sq. ft./$2,650,000

 

PENDING Status

Number of properties currently under agreement: 365 (344)

# of REO: 272 (273)

Average pending price: $222,824 ($224,533)

Average pending home is 4 bedrooms, 2,039 square feet at a price of $222,824 that stays 52 days on the market.

 

SOLD Status

Residential property sold over previous 30 days: 169 homes or $36,522,500 in sales (124 homes or $26,789,383 in sales)

REO's sold in the last month: 142 (103)

Average sale price: $216,109 ($216,043)

Median sale price: $220,000 ($223,750)

High: 590K (6bd/4,051 sq. ft.home)

Low: 45K (2bd/677 sq. ft. home)

Mountain House, CA

ACTIVE Status

Total # of residential properties for sale in the city of Mountain House: 102 (102)

# of REO (foreclosures): 16 (15)

# of Short Sales: 74 (74)

Average # of days on market: 61 (57)

The median price of all homes for sale in Mountain House: $337,400 ($331,950)

The average price of all homes for sale in Mountain House: $321,116 ($329,081)

Lowest priced home: 2bd/1,260 sq. ft./$161,500

Highest priced home: 5bd/3,706 sq. ft./$489,900

PENDING Status

Number of properties currently under agreement: 70 (57)

# of REO: 40 (36)

Average pending price: $295,465 ($308,799)

Average pending home is 4 bedrooms, 2,532 square feet at a price of $295,465 that stays 40 days on the market.

SOLD Status

Residential property sold over previous 30 days: 21 homes or $6,427,702 in sales (16 homes or $4,713,250 in sales)

REO's sold in the last month: 15 (14)

Average sale price: $306,081 ($294,578)

Median sale price: $315,412 ($294,500)

High: 420K (5bd/3,975 sq. ft. home)

Low: 95.5K (3bd/1,112 sq. ft. home)

Lathrop, CA

ACTIVE Status

Total # of residential properties for sale in the city of Lathrop: 149 (171)

# of REO (foreclosures): 61 (81)

# of Short Sales: 79 (79)

Average # of days on market: 72 (63)

The median price of all homes for sale in Lathrop: $173,527 ($174,900)

The average price of all homes for sale in Lathrop: $195,130 ($193,834)

Lowest priced home: 2bd/1,037 sq. ft./$59,900

Highest priced home: 6bd/4,165 sq. ft./$1,075,000

PENDING Status

Number of properties currently under agreement: 152 (166)

# of REO: 126 (129)

Average pending price: $185,980 ($196,353)

Average pending home is 4 bedrooms, 2,183 square feet at a price of $185,980 that stays 53 days on the market.

SOLD Status

Residential property sold onver previous 30 days: 63 homes or $11,276,050 in sales (48 homes or $9,698,950 in sales)

REO's sold in the last month: 57 (45)

Average sale price: $178,985 ($202,061)

Median sale price: $180,000 ($190,375)

High: 308K (5bd/3,539 sq. ft. home)

Low: $54,900 (2bd/995 sq. ft. home)

Weston Ranch, CA

ACTIVE Status

Total # of residential properties sold in Weston Ranch: 153 (192)

# of REO (foreclosures): 48 (85)

# of Short Sales: 95 (91)

Average # of days on market: 81 (64)

The median price of all homes for sale in Weston Ranch: $144,950 ($139,900)

The average price of all homes for sale in Weston Ranch: $154,179 ($144,833)

Lowest priced home: 1bd/1,023 sq. ft./$49,500

Highest priced home: 6bd/43,650 sq.ft./$325,000

PENDING Status

Number of properties currently under agreement: 166 (158)

# of REO: 135 (134)

Average pending price: $136,827 ($138,887)

Average pending home is 4 bedrooms, 1,963 square feet at a price of $136,827 thats stays 45 days on the market.

SOLD Status

Residential property sold over the previous 30 days: 57 homes or $7,731,908 in sales (63 homes or $9,307,955 in sales)

Average sale price: $135,648 ($147,745)

Median sale price: $130,000 ($145,000)

High: $205,670 (5bd/2,790 sq. ft. home)

(240K (6bd/3,000 sq. ft. home))

Low: 85K (3bd/1,234 sq. ft. home)

($88,700 (3bd/1,070 sq. ft. home))

Below are links to previous Tracy Area Market Reports:

3/3/09 vs. 2/2/09 http://www.tracyrealestateexpert.com/Blog/Tracy-Area-Market-Report-2209-vs-3309

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