$379K  
In this week's report, the number of homes sold in the Madera market fell to 17 over the past 30 days, a decrease of 19.0% from last week's report, but still above the monthly average. On the other hand, close-by Chowchilla registered nine homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $184,000 over the latest reporting period for Madera, down from $196,000. Despite the slip in sales, a relatively low two months of inventory indicates that Madera is a strong seller's market.
Comments:

$379K  
Sales remained steady from last week to this week, with 18 homes sold in the Madera market over the last 30 days. However, a long downturn in the number of pending transactions continued, with eight completed in the same period. The median sales price dropped to $205,000, down from last week's $220,000. With only two months of inventory to sell, Madera is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$369K  
Madera is a larger than average city in California with a population of 61,416 residents. Also, it has a higher than average density with 3,889.7 people per square mile. It should be noted that 47.5% of the homes in Madera are owned, while 46.0% are rentals. The best school in the city is Lincoln Elementary School.
Comments:

$288K  
Sales in the Madera market dropped to 18 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with four price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in Madera, and for this period the median sales price slid from $220,450 to $220,000. There are only two months of inventory available in Madera, so it's a strong seller's market, even with the decrease in sales.
Comments:

$209K  
The Madera market added another 22 transactions over the last 30 days. With three price reductions, the lowest amount since June, the market may be finding a price bottom. During the same time frame, Chowchilla had the most of any other neighboring municipalities with six price reductions. The median sales price climbed to $225,475 over the latest reporting period for Madera, up from $225,000. The rising sales and a low one month of inventory point to Madera being a definite seller's market.
Comments:

$369K  
The Madera market saw eight homes go under contract, and failed to break out of a solid downward trend. The market had total home sales of 17 over the last 30 days, maintaining last week's pace. The median sales price jumped to $225,000 over the latest reporting period for Madera, up from $187,000. There is only one month of inventory available in Madera, so it's still definite seller's market, even with the shrinking contracts numbers.
Comments:

$369K  
With an extended downward trend of new sellers listing homes, including eight over the last 30 days, and sales that fell to 16 in that same time frame, the Madera market will be slowing. The median sales price dropped to $200,450 over the latest reporting period for Madera, down from $215,900. In spite of the decrease in sales, a low two months of inventory signals that Madera is a strong seller's market.
Comments:

$259K  
Over the last 30 days, the Madera market was active with 16 homes sold, a 14.3% increase from last week's report. Within the same time frame, Chowchilla had 13 sales, the most of all cities in the area. The median sales price rose dramatically to $200,450, up from last week's $165,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Madera is a solid seller's market.
Comments:

$149K  
Sales fell to 14 homes sold in the Madera market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with 15 completed in the same period. Prices are falling in Madera, and this period the median price of all sales fell from $179,500 to $165,000. With only two months of inventory to sell, Madera is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$369K  
Madera is a city in California. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $38,932 per household and cost of living adjustment score of 98.7. With a median age of 24 years, homes in Madera tend to be of moderate age. Heading the list of top schools in the city is Lincoln Elementary School.
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