$175K  
The number of homes coming into the Oildale market plummeted to two listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. Prices fell lower as this week's reported median sales price of $143,350 continued a four-week downward trend. In spite of the falling prices, a low three months of inventory signals that Oildale is still a seller's market.
Comments:

$199K  
Over the last 30 days, the number of homes sold in the Oildale rose to four. While the sales increased, the amount of pending transactions also trended upward, reaching a total of three during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $143,350 this week.
Comments:

$192K  
Fewer sellers put their homes up for sale in the Oildale market over the last 30 days and the number of new listings fell this week to four. Home sales remained unchanged from the prior period and once again two homes were sold. The median sales price remained unchanged over the latest reporting period for Oildale, coming in at $143,350.
Comments:

$192K  
There was one home sale in the Oildale market over the last 30 days, exceeding the 0.9 monthly average for the last 12 months. To put it in perspective, close-by Bakersfield registered nine homes sold in the same time frame, the most of all surrounding cities. Even after the uptick in sales, an elevated 10 months of inventory tells us that Oildale is still a definite buyer's market.
Comments:

$199K  
The population of Oildale is growing faster than the rest of California, at a 10-year growth rate of 18.7%. It's a larger than average city compared to the rest of the state, with 32,684 residents. Oildale is made up of homes that are considered older than most with a median of 45 years. Heading the list of top schools in the city is Olive Drive Elementary School.
Comments:

$192K  
No deals were completed in the Oildale market over the last 30 days. Oildale usually averages 0.8 sales per month.
Comments:

$192K  
The number of sellers who put their homes up for sale in the Oildale market over the last 30 days remained flat this week at six. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Oildale remains consistent from last week to this week, with the median sales price at $239,900 again. With no movement in sales and the availability of 12 months of inventory, Oildale is a strong buyer's market.
Comments:

$199K  
More sellers put their homes up for sale in the Oildale market over the last 30 days and the number of new listings climbed this week to six. Home sales remained unchanged from the prior period and once again one home was sold. Pricing in Oildale remains consistent from last week to this week, with the median sales price at $239,900 again. With no movement in sales and the availability of 13 months of inventory, Oildale is a strong buyer's market.
Comments:

$195K  
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.
Comments:

$199K  
Oildale has a population that is much older than most in California with a median age of 31 years. Also, it's much less affluent than average with a median income of $34,934 per household. Oildale has an home ownership ratio of 38.4% and a renting ratio of 50.2%. Topping the list of best schools in the city is Olive Drive Elementary School.
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