With one home sold in the Delano market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price in Delano stayed put this week at $169,000.
Comments:

The Delano market slowed this week but was still better than normal as sales slid 50.0% to one home sold over the last 30 days. On the other hand, close-by Rosedale registered two homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $169,000 over the latest reporting period for Delano, up from $160,500.
Comments:

The number of home sales in the Delano market climbed 100.0% to two homes over the last 30 days, above the 0.6 monthly average. The median sales price rose to $160,500 over the latest reporting period for Delano, up from $152,000.
Comments:

Delano has a much older population than other areas in California with a median age of 28 years. It is also much less affluent than average with a median income of $35,110 per household. Detached homes account for 100% of the area's current housing market. The best school in the city is Columbine Elementary School.
Comments:

The Delano market saw zero homes go under contract and failed to break out of an established downward trend. Along with that, total home sales dropped to one over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price rose to $152,000 over the latest reporting period for Delano, up from $150,950. There is only one month of inventory available in Delano, so it's still definite seller's market, even with the shrinking contracts numbers.
Comments:

The Delano market will be more selective in the short term. Sales have dropped this week to two homes sold over the last 30 days, and there is also an emerging upward trend of new listings, with zero going live in the same time frame. Prices are rising in Delano, and the median sales price this period increased from $150,779 to $150,950.
Comments:

The Delano market made gains in this week's report, as the number of home sales climbed 50.0%, pushing the total to three homes sold over the last 30 days. A months of inventory number of zero reported this week continued an eight-week downward trend.
Comments:

Sales remained steady from last week to this week, with two homes sold in the Delano market over the last 30 days. However, a confirmed downturn in the number of pending transactions continued, with zero completed in the same period. The median sales price in Delano stayed put this week at $150,339.
Comments:

Despite an emerging downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Delano market rose to two over the same stretch of time. Potential buyers should note that prices are coming down in Delano, and for this period the median sales price slid from $150,779 to $150,339. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that Delano is a solid seller's market.
Comments:

Delano is a larger than average city in California with a population of 53,041 residents. Also, it has a higher than average density with 3,708.4 people per square mile. Keep in mind, most people in Delano own their homes, with a 53.8% ownership ratio. Topping the list of best schools in the city is Columbine Elementary School.
Comments:
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