Is Tracy, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tracy has remained a Seller's Market.
Housing Prices in Tracy, CA
How much do homes in Tracy, CA cost?
Median Sold Price
$815,000
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tracy was $815,000 in April 2024, up 7.7% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $395K | $380K | -3.8% |
3 Bedrooms | $620K | $635K | +2.4% |
4 Bedrooms | $780K | $855K | +9.6% |
5+ Bedrooms | $955K | $932K | -2.4% |
Summary: Tracy housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 2.4%.
Housing Supply in Tracy, CA
How many homes are available in Tracy, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 91 | +31.9% |
Summary: The Tracy real estate market had 91 homes for sale in April 2024, a 31.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 35 | 49 | +40.0% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Tracy housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 31 | +34.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Tracy in April 2024, up by 34.8% month-over-month. Of the 30 sold homes, 27% were sold under asking, 10% were sold at asking, and 63% were sold over asking.
Days on Market for Tracy, CA
How long does it take to sell a home in Tracy, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 21 Days | -28.3% |
Summary: Homes in Tracy had an average of 21 days on market in Apr 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Tracy; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.