There were 78 homes sold in the Merced market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since April at 27. In comparison, Atwater had 11 price reductions in the same time frame, the most of all nearby cities. As the number of sellers reducing prices reached a bottom, prices also took a turn lower, with the median sales price falling to a three-month low at $216,500. With only two months of inventory and rising sales, Merced is a strong seller's market.
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Get started right now by checking out Merced homes for sale or reviewing Merced real estate trends.