$214K  
Sales have fallen to 10 homes sold over the last 30 days in the Bakersfield market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 16 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price of all transactions in Bakersfield did not budge this week, remaining at $214,500. Along with the slip in sales, a relatively high seven months of inventory indicates that Bakersfield is a definite buyer's market.
Comments:

$214K  
With 347,483 residents, Bakersfield is the ninth-most populated city in California. Also, with a 38.8% increase over the last 10 years, its population is growing faster than other parts of the state. Its three largest zip codes are 93307, 93306, and 93309. With an ownership ratio of 54.9%, most people in Bakersfield are homeowners. The best schools in the city are Discovery Elementary School and Fruitvale Junior High School.
Comments:

$409K  
The Bakersfield market broke below its 12-month average sales volume this week as sales fell 7.7% to hit 12 homes sold over the last 30 days. On the other hand, close-by Oildale registered two homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Bakersfield, with the median for this period rising from $200,000 to $214,500. Along with the slip in sales, a relatively high seven months of inventory indicates that Bakersfield is a definite buyer's market.
Comments:

$485K  
The Bakersfield market slowed with a 26.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 12.7 monthly average with 11 homes sold. Meanwhile, close-by Oildale reported two homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Bakersfield, with the median for this period rising from $225,000 to $229,000. Bakersfield is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$3M  
The Bakersfield market has established an emerging upward trend, even as sales remained the same this week at 14 homes over the last 30 days. The median sales price dropped to $221,852, down from last week's $224,000.
Comments:

$3M  
On top of a solid downward trend in sellers reducing price, including 11 markdowns over the last 30 days, sales in the Bakersfield market fell to 14 over the same stretch of time. A months of inventory number of six reported this week continued a four-week downward trend, to go along with the weak number of price reductions in the area.
Comments:

$283K  
With 18 homes sold in the Bakersfield market over the last 30 days, we see no change from last week's numbers. However, 15 new listings came into the market. Potential buyers should take note that the median sales price in Bakersfield stayed flat at $224,000 and that there are four months of inventory still available.
Comments:

$283K  
Bakersfield is a city in California. It's somewhat affluent and the cost of living is much less expensive compared to the rest of the state, with a median income of $50,337 per household and cost of living adjustment score of 97.3. Its three largest zip codes are 93307, 93306, and 93309. Bakersfield is made up of homes that are relatively old with a median of 25 years. Leading the list of best schools in the city are Discovery Elementary School and Fruitvale Junior High School.
Comments:

$3M  
The number of home sales in the Bakersfield market rose 6.2% to 17 homes over the last 30 days. To put it in perspective, close-by Oildale registered two homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Bakersfield, and the median sales price this period increased from $216,450 to $225,000.
Comments:

$283K  
Over the last 30 days, an identifiable downward trend of new sellers coming into the Bakersfield market continued, with seven listings in this week's report. Meanwhile, sales rose, with 13 homes selling during the same period. The median sales price climbed to $185,000 over the latest reporting period for Bakersfield, up from $182,500.
Comments:
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