Market Trends -Tracy, California

anrealestatenews

6-1-16

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)

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News You Can Use – Market Trends in Tracy CA

anrealestatenewsLast month market trend shows that a robust home buying spring season for the Tracy – Mountain House area is in full swing.

Although the number of homes offered for sale have increased, demand remains strong and prices are on the rise.

 

By analyzing the following statistical report for the month of April, we can project an exceptionally strong real estate market for the 2016 summer season.

Active listings: 158

Sold in April: 95 homes

Days on Market before Sold: 24

Listing price verses Sales Price: 100%

Average sales price for this area is $439,932; an increase, compared to last month ($412,361)

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News You Can Use – Market Trends, Tracy, California

anrealestatenews

The following market trend report is for the Tracy-Mountain House area for the month of March:irisfence

Spring has sprung….Tax time is approaching. Real estate market is booming – inventory is still low and so are the interest rates on home loans. Predictions are that interest rates will be on the rise in the upcoming months. Some lenders loosen their requirements a bit – no time restrictions for purchases after bankruptcies, foreclosures or short sales. Please contact me if you would like more details.

As of April 1st we have 151 homes listed for sale. Homes SOLD in the month of March: 107. These homes were actively on the market on an average of 28 days before sold. Average sale price for this area in March was $412,361. Sales price verses list price is 99.6 %; it’s a seller market. This data has been collected from MetrolistMLS records.

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February Market Trends in Tracy, CA

anrealestatenewsWith spring just around the corner in Tracy, Real Estate market is already at full speed. We have a seller’s market: low inventory, normal demand. Homes that are listed are selling close to the listing price. The following statistical report is based on and collected from the MLS (Multiple Listing Service) only. This report does not contain any ownership transfers from any other source.

webheader readyMarketing trend for the month of February, 2016 for Tracy, Rural Tracy and Mountain House areas:

Homes listed as “Active” for sale as of March 1st: 132

Homes SOLD In February: 71 (homes sold in March was 93)

Active Days on the market before sold: 45

List price/Sales price: 98%

Average sales price: $432,330

 

Stat Charts:

Listing Price/Sales Price:lp sp

 

 

 

Day on the Market:dom

 

 

 

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 and 95398

Approximate Location Boundaries: Tracy, Mountain House and 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.

Winter Home Selling Tips.

 

6 Tips For Selling Your Home In Winter 2016

Winter can be a harsh, unappealing time of year to sell your home. With 2016 about to rev up, it’s especially important to make your home stand out if you want to sell in the New Year. Here are some essential tips for making your house #1 on the market as the year begins:

#1 Warmth is top priority.

Your home should always be warm when a realtor conducts a walkthrough with buyers. Set a timer on your thermostat so it’s warm when they arrive. Also make sure to check there are no leaks or problems with your ducts and vents, as this could make rooms cold during a walkthrough.

#2 Keep the house bright.

It’s also important to ensure that your home is adequately lit in each room. You want buyers to feel welcome and impressed with the kitchen, bathroom and bedrooms of your home. If a room has dim lighting or a burned-out bulb, it could take away from the overall appeal of the room. You should also consider spending a little extra money to upgrade your lighting fixtures — installing recessed lighting in certain rooms will give your home a little extra “pop.” Standing lamps are also a fantastic, affordable alternative to lighting additions

#3 Try to make your landscape appealing.

Although your yard will be mostly winterized during this time of year, there are several ways to spruce up your cold weather landscaping. Start by clearing your yard of any broken branches or large patches of fallen leaves. It’s also important to ensure that any ice or snow on or near your home’s walkway is removed. If needed, you can hire a weekly snow removal service to keep your home safe for buyer walkthroughs.anhomes

#4 Make the interior cozy.

In addition to keeping your house well-lit and warm, there are other ways to make your home cozy and welcoming to buyers. This includes:

  • Classical music (at a low volume)
  • Homemade treats (candy, cookies)
  • Holiday decorations (tinsel on the mantle, for example)

You want buyers to feel as though they already live in your home when they walk through the door. When you offer them a cozy setting, they will want to spend more time in your home and admire its features.

#5 Keep the fireplace lit.

While you should have the heat on during a walkthrough, another warm and cozy feature is the fireplace. If you’ve got a wood-burning model, this means you’ll need to have coal or wood handy. You don’t want to have multiple showings a day and a fireplace that roars for only half the visitors. This is especially important if the fireplace is close to the entrance (all of that cold air gets in!).

#6 Prepare for any storms.

Make sure there’s an emergency kit on hand in your home in case your home suffers an outage during a winter storm. This should include items like:

  • Extra candles
  • Matches
  • Blankets
  • Car charger
  • Canned food
  • Flashlight
  • Water

While your REALTOR® will be prepared for inclement weather, it’s important that you be prepared to keep everyone safe should the worst happen during a showing. And don’t forget to keep a secondary travel emergency kit to take when you’re leaving for showings as well.

Written by Andrea Davis

 

Tracy Real Estate Trend

anrealestatenewsNews You Can Use!

2015 was a good year for real estate. Home prices increased modestly in some areas, more sharply in others. Tracy real estate market was very good in 2015. Predictions in the real estate industry are that the year 2016 will be even better, although, interest rates on home loans are on the rise.

Speaking of loans: Lenders offering a wide variety of different loan programs. The best news for first time buyers is that FHA loan limits in San Joaquin County have been adjusted upward, which is what we have been waiting for a long time.
The following statistical data is for December 1st to December 31, 2015:
As of January 3rd, 2016, 141 homes are actively listed in the Tracy, Mountain House and in Tracy Rural areas.
In December 2015, 103 homes have been sold. The average SOLD price in December was $426,230 and these homes have been on the market for an average of 43 days.

Listing price versus Sales Price in December was 98% – a slight seasonal decrease in sales price.

Looking back, 2015 was an overall good year for Tracy/Mountain House real estate market: Between January 1st and December 31st, altogether 1401 homes were sold. The average sales price for the year 2015 was $414,463

To compare these to the year 2014: Homes sold: 1167. Average sales price in 2014: $380,217
That is an average, year-to-year increase of home values by 9.1%…can we repeat this in 2016 please? That would be awesome!  Wishing you all a peaceful, healthy, prosperous 2016!

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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, 95398
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.

For More Information:

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