Our October 15, 2016 Tracy CA Real Estate Market Update
There are currently 180 homes for sale with 40.5 average days on market at an average price of $520,453 and 85 homes were newly listed in the past 30 days.
For the 167 homes currently pending, they average 34.5 days on market with an average selling price of $448,919.
We currently have 3.7 months of remaining inventory; this means it would take 3.7 months to sell all of the homes on the market at the current pace.
Finally, buyer financing for homes bought in the past 6 months: 67.7% were conventional financing, 13.6% were FHA financing, 6.3% were VA financing, and 11.8% were cash buyers.
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Here are some of the stats for additional information:
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