Ridgecrest Real Estate Market Extends Downward Trend in Contracts

The Ridgecrest market saw sales remain consistent with one home sold over the last 30 days and is also under a determined downward trend in the number of contracts closing, with this week's number falling to zero. As contracts trended lower, the median sales price went in the opposite direction, trending up for four weeks to $100,619.

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$197K  

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Demographic facts about Ridgecrest:

  • The median age of all homes in the area is 32 years old.
  • The area gets 1.1 inches of snow a year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 70. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $4,402. ($5,691 = national average)

Data reported through 10/12/2016

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