Looking at the year end statistics for Tracy, including the surrounding country area, 2009 wasn’t a bad year for the local real estate market at all, considering the status of real estate market nationally.
Following are the statistics for the month of December, 2009:
The charts below reflecting these numbers as well:
The statistical report for the year of 2009 is also showing some stabilization: it looks much better in comparison to the past few years. Inventory of available homes was much lower, barely enough to satisfy the huge demand. Sales prices are showing a slight improvement as well. An average, 59% of all homes sold in 2009, where actively marketed for less than 30 days.
The average sales prices of Sold homes have increased slightly towards the end of 2009.
If you would like to have more detailed statistics or for other areas of the Central Valley real estate market, please feel free to call or email me – I would be glad to provide it for you.
A prosperous, happy, healthy New Year to you all!
Real estate in Tracy is moving along; we have a shortage on available homes. Demand is high, many buyers need homes, not enough to choose from. Interest rates remain very low. We are seeing multiple offers on all reasonably priced homes. Home prices are slightly higher. This is a good indicator that we are in need for new listings.
Take a look at the statistics:
As of October 7, we have a 192 active listings.
From September 27th to October 3rd, the number of homes changed status to “Sale Pending” was 48.
Since October 1st we have 18 homes Sold in and around Tracy. See chart below.