Pat Holkesvig

Tracy, CA

Single-Family Homes

DRE No. 01393419



Tracy, CA

Wed Oct 04 2023
This week the median list price for Tracy, CA is $749,999 with the market action index hovering around 58. This is less than last month's market action index of 62. Inventory has increased to 94. Click here to stay informed with the Tracy market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Tracy, CA

Wed Oct 04 2023
This week the median list price for Tracy, CA is $749,999 with the market action index hovering around 58. This is less than last month's market action index of 62. Inventory has increased to 94. Click here to stay informed with the Tracy market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Tracy market.
Median List Price $749,999
Median Price of New Listings $712,450
Per Square Foot $393
Average Days on Market 44
Median Days on Market 28
Price Decreased 32%
Price Increased 2%
Relisted 7%
Inventory 94
Median Rent
Market Action 58
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,150,217 2,520 6,500 - 8,000 sqft 3 3 17 1 3 42
$849,000 2,369 4,500 - 6,500 sqft 4 3 19 3 1 21
$699,949 1,934 4,500 - 6,500 sqft 3 2.5 31 9 9 10
$587,500 1,348 4,500 - 6,500 sqft 3 2 43 5 7 21