Home Sales Decline in Merced Real Estate Market

The Merced remained below its 12-month average sales volume this week as sales fell 5.5% to hit 52 homes sold over the last 30 days. Meanwhile, close-by Los Banos reported 20 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Merced, with the median for this period rising from $221,000 to $226,700. With only two months of inventory to sell, Merced is a definite seller's market, in spite of the dip in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Merced:

$379K   $389K   $329K  

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

Demographic facts for Merced:

  • This area has an average elevation of 183 feet.
  • The median income for the homes in this area is $39,890.
  • The student-to-counselor ratio is 1,807:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
London Properties 01942312
Snapped 31 homes in this area
Berkshire Hathaway HomeServices -www.AngelesLomeli.com
Snapped 2 homes in this area
Progressive Real Estate Gr
Snapped 4 homes in this area

Agents that specialize in this area
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