Is Tracy, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$830,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tracy was $830,000 in June 2024, up 13.3% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $380K | $432.5K | +13.8% |
3 Bedrooms | $600K | $625K | +4.2% |
4 Bedrooms | $775K | $900K | +16.1% |
5+ Bedrooms | $912K | $966.5K | +6.0% |
Summary: Tracy housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 6%.
Housing Supply in Tracy, CA
How many homes are available in Tracy, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
104 | 117 | +12.5% |
Summary: The Tracy real estate market had 117 homes for sale in June 2024, a 12.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 29 | 27 | -6.9% |
4 Bedrooms | 52 | 61 | +17.3% |
5+ Bedrooms | 20 | 24 | +20.0% |
Summary: The Tracy housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 36 | +9.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Tracy in June 2024, up by 9.1% month-over-month. Of the 35 sold homes, 26% were sold under asking, 14% were sold at asking, and 60% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 22 Days | 0.1% |
Summary: Homes in Tracy had an average of 22 days on market in Jun 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 36 homes were sold in Tracy; 72% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.