19 times as many homes built in Manteca than Tracy
Manteca continued to dominate the Northern San Joaquin Valley new housing market with 345 homes built in 2010.
It marked the third year that Manteca housing starts and new home sales led San Joaquin, Stanislaus and Merced counties based on information obtained from the building departments of various cities in the Northern San Joaquin Valley. It was the second year the number of starts topped 300 housing units.
The next closest city in San Joaquin County for 2010 with 138 housing starts was Lathrop. Stockton was next at 108 homes started and then Tracy with 18 starts.
Modesto in 2010 had 37 housing starts.
In 2009 Manteca had 304 housing starts followed by Stockton with 120, Modesto with eight, and Tracy with six.
There are signs that Manteca will continue to lead the Northern San Joaquin Valley for a fourth year in 2011 when it comes to housing starts and sales.
Three developers - Pulte Homes, Florsheim Homes, and Atherton Homes - have all indicated they plan to break ground on new lots this spring.
More well-heeled buyers are also in the market as Atherton Homes since the start of December has sold six homes larger than 4,000 square feet. They sold just four such homes in the previous 2 ½ years.
By Dennis Wyatt
Managing Editor
dwyatt@mantecabulletin.com
209-249-3532
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