Intero's Market Report

Tracy, CA

Single-Family Homes



Tracy, CA

Sat Oct 16 2021
This week the median list price for Tracy, CA is $719,900 with the market action index hovering around 80. This is less than last month's market action index of 83. Inventory has decreased to 93. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Sat Oct 16 2021
This week the median list price for Tracy, CA is $719,900 with the market action index hovering around 80. This is less than last month's market action index of 83. Inventory has decreased to 93. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $719,900
Median Price of New Listings $680,000
Per Square Foot $355
Average Days on Market 25
Median Days on Market 14
Price Decreased 24%
Price Increased 2%
Relisted 8%
Inventory 93
Median Rent $2,398
Market Action 80
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,085,000 2,944 0.25 - 0.5 acre 4 3 17 7 7 21
$799,000 2,443 4,500 - 6,500 sqft 4 3 20 7 5 28
$669,000 1,862 4,500 - 6,500 sqft 4 2 23 9 10 14
$520,000 1,329 4,500 - 6,500 sqft 3 2 61 10 9 7