Local Market Trends

The following information is from the local MLS database, as of June 10, 2009 and is compared to (May 4, 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: 357 (399)

# of REO (foreclosures): 58 (74)

# of Short Sales: 245 (266)

Average # of days on market: 116 (118)

The median price of all homes for sale in Tracy: $280,450 ($293,000)

The average price of all homes for sale in Tracy: $382,315 ($397,710)

Lowest priced home: 1bd/660 sq. ft./$64,900

Highest priced home: 6bd/7,004 sq. ft./$1,399,000

Square Feet

# of Homes for Sale in Tracy

Median List Price

Average List Price

1,000 to 1,400*

14

$127,400

$121,589

1,500 to 2,000**

17

$189,900

$181,398

2,000 to 4,000

44

$341,745

$453,898

PENDING Status

Number of properties currently under agreement: 371 (394)

# of REO: 222 (268)

# of Short Sales: 116 (90)

Average pending price: $216,774 ($219,013)

Average pending home is 4 bedrooms, 1,995 square feet at a price of $216,774 that stays 54 days on the market.

Square Feet

# of Homes Pending in Tracy

Median List Price

Average List Price

1,000 to 1,400*

68

$132,500

$134,425

1,500 to 2,000**

101

$184,900

$181,949

2,000 to 4,000

147

$270,000

$285,539

SOLD Status

Residential property sold over previous 30 days: 161 homes or $34,488,887 in sales (162 homes or $35,210,164 in sales)

REO's sold in the last month: 129 (122)

Short sales sold in the last month: 20 (27)

Average sale price: $214,217 ($217,347)

Median sale price: $220,000 ($215,000)

High: 675K (6bd, 3,767 sq. ft. home)

Low: 47K (2bd, 684 sq. ft. home)

Square Feet

# of Homes Sold in the last month in Tracy

Median List Price

Average List Price

1,000 to 1,400*

37

$116,000

$125,616

1,500 to 2,000**

44

$199,000

$195,473

2,000 to 4,000

83

$269,000

$279,609

Mountain House, CA

ACTIVE Status

Total # of residential properties for sale in the city of Mountain House: 105 (98)

# of REO (foreclosures): 11 (13)

# of Short Sales: 81 (74)

Average # of days on market: 47 (64)

The median price of all homes for sale in Mountain House: $317,450 ($317,400)

The average price of all homes for sale in Mountain House: $320,171 ($321,404)

Lowest priced home: 2bd/1,260 sq. ft./$189,900

Highest priced home: 5bd/4,021 sq. ft./$549,950

Square Feet

# of Homes for Sale in Mountain House

Median List Price

Average List Price

1,000 to 1,400*

2

$206,400

$206,400

1,500 to 2,000**

4

$209,950

$218,675

2,000 to 4,000

10

$347,450

$347,220

PENDING Status

Number of properties currently under agreement: 86 (80)

# of REO: 35 (40)

# of Short Sales: 34 (29)

Average pending price: $304,103 ($305,481)

Average pending home is 4 bedrooms, 2,584 square feet at a price of $304,103 that stays 46 days on the market.

Square Feet

# of Homes Pending in Mountain House

Median List Price

Average List Price

1,000 to 1,400*

5

$153,425

$169,235

1,500 to 2,000**

9

$208,900

$212,470

2,000 to 4,000

74

$322,450

$31,990

SOLD Status

Residential property sold over previous 30 days: 25 homes or $7,904,200 in sales (26 homes or $7,710,800in sales)

REO's sold in the last month: 15 (17)

Short sales sold in the last month: 6 (4)

Average sale price: $316,168 ($296,569)

Median sale price: $325,000 ($275,000)

High: 405K (6bd, 3,975 sq. ft. home)

Low: 184K (2bd, 1,260 sq. ft. home)

Square Feet

# of Homes Sold in the last month in Mountain House

Median List Price

Average List Price

1,000 to 1,400*

0

$0

$0

1,500 to 2,000**

0

$0

$0

2,000 to 4,000

25

$335,000

$328,828

Lathrop, CA

ACTIVE Status

Total # of residential properties for sale in the city of Lathrop: 105 (117)

# of REO (foreclosures): 17 (29)

# of Short Sales: 76 (78)

Average # of days on market: 48 (77)

The median price of all homes for sale in Lathrop: $179,900 ($174,900)

The average price of all homes for sale in Lathrop: $199,967 ($197,993)

Lowest priced home: 2bd/768 sq. ft/$67,900

Highest priced home: 6bd/3,560 sq. ft./$799,900

Square Feet

# of Homes for Sale in Lathrop

Median List Price

Average List Price

1,000 to 1,400*

1

$59,900

$59,900

1,500 to 2,000**

8

$154,500

$161,754

2,000 to 4,000

13

$187,200

$248,020

PENDING Status

Number of prpoerties currently under agreement: 136 (148)

# of REO (foreclosures): 88 (117)

# of Short Sales: 30 (31)

Avearge pending price: $185,111 ($177,338)

Average pending home is 4 bedrooms, 2,250 square feet at a price of $185,111 that stays 50 days on the market.

Square Feet

# of Homes Pending in Lathrop

Median List Price

Average List Price

1,000 to 1,400*

17

$114,900

$104,576

1,500 to 2,000**

36

$159,900

$158,543

2,000 to 4,000

90

$199,900

$223,088

SOLD Status

Residential property sold over previous 30 days: 66 homes or $11,131,088 in sales (57 homes or $9,524,177 in sales)

REO's sold in the last month: 59 (48)

Short Sales sold in the last month: 6 (4)

Average sale price: $168,653 ($167,091)

Median sale price: $168,000 ($161,100)

High: 300K (6bd/4,011 sq. ft. home)

Low: 67.5K (3bd/960 sq. ft. home)

Square Feet

# of Homes Sold in the last month in Lathrop

Median List Price

Average List Price

1,000 to 1,400*

14

$85,300

$91,147

1,500 to 2,000**

10

$150,000

$149,408

2,000 to 4,000

35

$190,000

$202,477

Weston Ranch, CA

ACTIVE Status

Total # of residential properties for sale in Weston Ranch: 102 (121)

# of REO (foreclosures): 21 (34)

# of Short Sales: 72 (80)

Average # of days on market: 45 (53)

The median price of all homes for sale in Weston Ranch: $138,950 ($139,900)

The average price of all homes for sale in Weston Ranch: $144,023 ($144,338)

Lowest priced home: 1bd/1,100 sq. ft./$39,500

Highest priced home: 6bd/43,650 sq. ft./$249,900

Square Feet

# of Homes for Sale in Weston Ranch

Median List Price

Average List Price

1,000 to 1,400*

4

$92,400

$100,925

1,500 to 2,000**

6

$137,500

$142,317

2,000 to 4,000

10

$159,950

$175,986

PENDING Status

Number of properties currently under agreement: 147 (146)

# of REO: 105 (115)

# of Short Sales: 72 (80)

Average pending price: $137,009 ($140,564)

Average pending home is 4 bedrooms, 2,018 square feet that stays 42 days on the market.

Square Feet

# of Homes Pending in Weston Ranch

Median List Price

Average List Price

1,000 to 1,400*

15

$101,000

$103,826

1,500 to 2,000**

55

$128,000

$125,411

2,000 to 4,000

66

$159,950

$164,812

SOLD Status

Residential property sold over the previous 30 days: 61 homes or $8,607,850 in sales (73 homes or $10,126,476 in sales)

Short sales sold in the last month: 4 (4)

Average sale price: $141,112 ($138,705)

Median sale price: $135,000 ($135,000)

High: 220K (6bd/3,000 sq. ft. home)

(225K (5bd/3,376 sq. ft. home))

Low: 85.5K (3bd/1,176 sq. ft. home)

(39.9K (3bd/1,085 sq. ft. home))

Square Feet

# of Homes Sold in the last month in Weston Ranch

Median List Price

Average List Price

1,000 to 1,400*

1

$108,900

$108,900

1,500 to 2,000**

39

$130,000

$128,060

2,000 to 4,000

30

$165,000

$162,333

* $0-$250,000

** $0-$260,000