Tracy CA Real Estate Trends- August 2015

anrealestatenewsSummer is the main season of the Real Estate market here in Tracy. With fall season starting in just a few weeks, conditions for selling and buying homes in and around Tracy is still in full swing, no signs of slowing any time soon. Inventory of available homes for sale have increased slightly, interest rates of home loans are holding steady in a low range still. Home prices are holding steady, increasing slightly in a slower but steady pace.

The following report of the Tracy -Mountain House area market conditions is an analysis of the real estate market trends for the month of August, 2015: 110 homes have been sold in the Month of August. As of today, September 3, 266 homes are actively listed for sale in Tracy, Tracy Rural areas and Mountain House combined.

Average home price in August: $420,025

The average days on the market for homes sold in August: 29 days. This is significantly less compared to what it was in January this year (52). The percentage for sales price verses sold price for the month of August is hovering around 100%. Predictions are that we are going to have a great market for September as well! Data have been collected and interpreted from MetroList Multiple Listing Service.

About Eva Bradley: My home town is Tracy, Ca. I am serving the Central Valley Region – Lathrop, Manteca, Patterson, Stockton and Modesto since 1999.

ZIP Codes: 95376, 95377, 95391. Approximate Location Boundaries: Tracy, Mountain House, Rural Tracy

Location Characteristics: Tracy is located in the Central Valley, California and 26 Miles East of the Dublin-Livermore-Pleasanton corridor. Most of Tracy population are commuting to the Silicon Valley to work. Tracy is proud of low crime rates and excellent schools. Summers are hot, winters are foggy. Tracy is doing a great job in attracting big companies to open new facilities, like Amazon and FedEx, giving the opportunity for residents to find higher paying jobs here locally. springbordersm