TM
July 2009 | www.SmartZip.com
TRACY, CA
Overview Key Investment Metrics
Tracy is located in San Joaquin County, Average SmartZip Score™ 69 Growth
about 60 miles east of San Francisco. 59 Income
Beginning in the 1980s, Tracy experienced Average Market Value: $248,354
growth as people began looking for a
more affordable alternative to Bay Area $130 per Sq. Ft.
home prices, and a less hectic lifestyle. A 10-Year Proj. Appreciation: 46%
steady period of growth ensued, as many Average Monthly Rent: $1,554
companies found Tracy an ideal location for
Average Cap Rate: 3.3%
their distribution facilities.
10-Year Proj. Population Growth: 39%
The city today is home to several distribution
facilities and is setting its sights on emerging
industries, including expansion of hi-tech Local Expert Insights
companies from the Silicon Valley. The • Almost 100% of current supply is either short sale or
recent economic recession has put much of bank-owned (70% short sale)
this expansion in a holding pattern, but with
a focus on new, emerging technology and • Recommend zip code 95353 for investors
silicon valley business, Tracy is positioned
• The market has stabilized some, but we are still
well for a recovery.
likely not at the bottom, so expect further price
declines
On the Map
• More bank-owned homes will be hitting the market
as lenders stop holding off the foreclosures
• Most investors are buying and holding, seeking
appreciation or income, not flipping
• Rental market is strong due to foreclosures
• Creates a great buying opportunity if you are willing
to hold for a year or two at least

Tracy, CA Heat Maps
10 Year Job Growth School Ratings
Investment Market Comparison
About the Top 10 Markets
The SmartZip Top 10 Markets™ is a featured list of the top rated markets hand-picked by our panel of
investment analysts. Candidates for the list are identified using our proprietary SmartZip Score™ ratings
averaged across the Growth and Income investment strategies. Learn more at www.SmartZip.com
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