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TRACY, CA. STATE OF THE MARKET AS OF JUNE 24TH 2007

By
Real Estate Broker/Owner with Moreno WorkGroup DRE#01240205

Tracy, CA. State of the Market as of June 24th 2007

There are presently 976 Single Family Residential Properties on the Tracy Market.

Of these 937 are detached Single Family Residential homes. The average price of a detached SFR is $571,867. For this median price range the home square footage size was 2190 square feet of living space.

Since June 1st there have been 41 sold SFR of which 38 were detached single family residences. The average listing price of these homes was $523,936 and that same average home sold for $513,926 for which the average size was 2024 square feet of living space. The average time to sell a home was 75 days.

The median listing price of a sold home was $482,500 and sold for $470,000 for which the median size of a sold home was 2024 square feet of living space. The median time to sell a home was 51 days.

41 properties have also gone pending of which all were detached single family residences (entered into contract but not yet closed). In the previous month of May 2007 there were 45 homes sold in Tracy. As we enter into the last week of June there still is a good  possibility of passing last month numbers.

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Selling Price Range 

Quantity

     Average DOM

 

$250,000 thru $299,999

1

21

 

$300,000 thru $349,999

2

46

 

$350,000 thru $399,999

5

76

 

$400,000 thru $449,999

6

66

 

$450,000 thru $499,999

7

84

 

$500,000 thru $549,999

4

130

 

$550,000 thru $599,999

5

61

 

$600,000 thru $649,999

5

59

 

$650,000 thru $699,999

1

60

 

$900,000 thru $949,999

1

24

 

$1,000,000 thru $1,249,999

1

181

 

 

38

75

 

 

 

Summary Price Information

Minimum 

$273,000

Maximum 

$1,150,000

Average 

$513,926

Median 

$470,000