$109K  
Sales rose in the East Bakersfield market to three homes sold over the last 30 days. But the market is also under an identifiable downward trend in the number of contracts closing, with this week's number falling to one. The median sales price dropped to $175,000 over the latest reporting period for East Bakersfield, down from $181,000. With just three months of inventory available and sales going up, East Bakersfield is a seller's market.
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$109K  
East Bakersfield has one of the largest populations in 93305 with 9,476 residents. On top of being the fifth-most populated neighborhood, it also ranks first for growth with a 0.9% increase over the last 10 years. East Bakersfield is an area where most people lease the homes they live in, with a renting ratio of 64.5%. Heading the list of top schools in the neighborhood is Discovery Elementary School.
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$135K  
The East Bakersfield market was active in this week's report, as the number of home sales rose 100.0%, pushing the total to two homes sold over the last 30 days. To put it in perspective, the close-by Benton Park neighborhood registered two homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $181,000, down from last week's $205,000.
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$289K  
The East Bakersfield market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price of homes sold came in at $205,000, which extended a price upswing to four weeks. East Bakersfield is a strong buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
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$135K  
Home sales in the East Bakersfield market have steadily topped the monthly average for some time. However, this week the numbers came down by 50.0% to come in at two homes sold during the last 30 days. Potential buyers should note that prices are coming down in East Bakersfield, and for this period the median sales price slid from $245,000 to $217,500.
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$135K  
The number of home sales in the East Bakersfield market rose 50.0% to three homes over the last 30 days, above the 0.7 monthly average. The median sales price in East Bakersfield stayed flat at $260,000 while months of inventory plummeted to four.
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$289K  
Over the last 30 days, sales in the East Bakersfield market remained at their current pace of two homes. However, the amount of pending transactions continued to improve, reaching a total of six 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. The median sales price of all transactions in East Bakersfield did not budge this week, remaining at $260,000.
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$135K  
With a recent downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the East Bakersfield market remained the same with three over the same stretch of time. The median sales price stayed flat at $260,000, and there are a fairly average four months of inventory left to be sold.
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$109K  
East Bakersfield is a neighborhood in 93305. It's much less affluent than average and the cost of living is much less expensive compared to the rest of the zip code, with a median income of $25,469 per household and cost of living adjustment score of 85.4. Homes in East Bakersfield are older than most with a median age of 49 years. The best school in the neighborhood is Discovery Elementary School.
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$135K  
Over the last 30 days, the East Bakersfield market was solid with three homes sold, a 200.0% increase from last week's report. At the same time, the Benton Park neighborhood reported two home sales, the highest number from all of the surrounding neighborhoods. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $260,000 this week.
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