$319K  
Over the last 30 days, the Cobb market got positive news with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Hidden Valley Lake reported 20 home sales, the highest number from all the surrounding cities. The median sales price dropped to $205,000, down from last week's $262,500. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Cobb is still a definite buyer's market.
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$299K  
Cobb is an average-sized city in California with 1,778 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 8.8%. The Cobb market almost exclusively consists of detached houses, accounting for 93% of the current homes in the area. The top school in the city is Intermountain High School.
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$169K  
In this week's report, the number of homes sold in the Cobb market dropped to two over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, Clearlake had 22 sales, the most of all cities in the area. The median sales price climbed to $262,500 over the latest reporting period for Cobb, up from $249,500. Along with the slip in sales, a relatively high 14 months of inventory indicates that Cobb is a solid buyer's market.
Comments:

$369K  
The Cobb market recorded four home sales over the last 30 days. Also, a record number seven new listings were posted, the highest since September. When comparing other close-by municipalities within the same period, the most came from Clearlake with 25 new listings. The median sales price in Cobb stayed put this week at $249,500. Cobb is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
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$245K  
The Cobb market added another four transactions over the last 30 days. With four price reductions, the lowest amount since September, the market may be looking for a price bottom. In comparison, Windsor led all other nearby municipalities with five price reductions. The median sales price dropped to $249,500, down from last week's $355,000. Cobb is still a strong buyer's market, even after the decrease in price reductions, due to the large eight months of inventory left.
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$229K  
The number of homes coming into the Cobb market jumped to five listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for Cobb, coming in at $355,000.
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$229K  
The Cobb market showed strong improvement in this week's report, as the number of home sales rose 300.0%, pushing the total to four homes sold over the last 30 days. In comparison, nearby Windsor had 34 sales in the same time frame, the most of all neighboring cities. Prices are falling in Cobb, and this period the median price of all sales fell from $465,000 to $376,250. Even after the uptick in sales, an elevated eight months of inventory tells us that Cobb is still a definite buyer's market.
Comments:

$299K  
Cobb is a small city in California, and is affluent with a median income of $58,431 per household. It's much younger than the rest of the state, with a median age of 50. Cobb is an area where most people own their homes, with an ownership ratio of 57.9%. The best school in the city is Intermountain High School.
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$395K  
Home sales in the Cobb market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 75.0% to one home sold over the last 30 days. On the other hand, close-by Windsor registered 31 homes sold in the same time frame, the most of all surrounding cities. Prices were able to climb as this week's reported median sales price of $465,000 continued a four-week upswing. Cobb is a definite buyer's market, thanks to a big 29 months of inventory to choose from and a pullback in sales.
Comments:

$209K  
Sales remained steady from last week to this week, with four homes sold in the Cobb market over the last 30 days. However, an established downturn in the number of pending transactions continued, with one completed in the same period. Prices are rising in Cobb, and the median sales price this period increased from $257,500 to $329,000. Cobb is a definite buyer's market with seven months of inventory to choose from, aided by the downturn in contracts.
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