Real Estate Blog - Tracy, Ca

The following information is from the local MLS database, as of January 14th, 2008 as compared to (December 28, 2007) & ((December 1st)). If you are interested in a little more market infomation feel free to give me a call, I am always happy to talk about the market. This report is mid-month because I have to run the stats for our newsletter. Just thought I might as well post them for you also....

Below is pie chart indicating the total number of active, pending and homes that have sold in the last month only:



ACTIVE Status:
Total # of Residential properties for sale in the city of Tracy: 879 (902) ((918))
# of REO (foreclosures): 313
# of Short Sales: 200
Average # of days on market: 89 (90) ((81))

The Median price of all Homes for sale in Tracy: $380,000 ($399,999) (($419,444))
The Average price of all Homes for sale in Tracy: $406,552 ($423,925) (($445,886))

Lowest priced home: 1bd/1.00ba/502 sq.ft/$119,000
Highest priced home: 7bd/6ba/6500 sq.ft/$1,699,000


PENDING Status:
Number of properties currently under agreement: 104 (89) ((75))
# of REO: 69
# of Short Sales: 16
Average pending price: $386,227 ($408,632) (($408,775))
Avr. pending home is 4bd, 3ba, 2238 sq.ft at a price $396,450 and 64 days on the market.


SOLD Status:
Residential property sold over previous 30 days: 32 transactions or $12,642,103 in sales.
(35 transactions or $16,107,700 in sales.)
((35 transactions, $14,881,199))

Average sale price: $395, 159 ($417,443) (($425,177))
Median sale price: $362,500 ($399,000) (($419,900))

High: 649K (5/5bd 3899 sq.ft home).
Low: 248K (1047 sq.ft home)