In this week's report, the number of homes sold in the Oildale market slid to one over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Within the same time frame, Bakersfield had 12 sales, the most of all cities in the area. The median sales price tumbled to $239,900 over the latest reporting period for Oildale, down from $324,950. Oildale is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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