Bakersfield Real Estate Market Sees Home Sales Decline

While home sales in the Bakersfield market have been above average, in this week's report they dropped 7.7% to 12 homes sold over the last 30 days. Prices are falling in Bakersfield, and this period the median price of all sales fell from $225,000 to $220,000. With decreasing sales and the availability of eight months of inventory, Bakersfield is a definite buyer's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Bakersfield:

$10M   $244K   $164K  

Get started right now by checking out Bakersfield homes for sale or reviewing Bakersfield real estate trends.

Demographic facts for Bakersfield:

  • The average elevation is 386 feet.
  • The median income is $50,337 per household.
  • For every counselor there are 897 students in this area. (513 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
The Childress Group @ Triple T Realty Services, Inc
Snapped 3 homes in this area
Tholco Real Estate Group
Snapped 39 homes in this area
Premier Realty
Snapped 183 homes in this area

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