Real estate market trends for the Tracy, CA Triangle are great: buyers demand is strong, interest rates on home loans are not changing too much, but because of fairly low inventory of available homes, home sales prices are slowly on the rise.
By analyzing the statistical report for the month of May 2016 below, the conclusion is that we have a healthy, stable market here locally:
Active listings as of today, June 1st, 2016: 164
Homes SOLD in May: 128 …a big jump compared to last month (95 homes sold in April)
Days on market before SOLD: 25
List Price vs. Sales Price: 100%
The average sales price for the Tracy, California Triangle area: $445,227…. an increase compared to April of this year ($439,932)