Sales retained their current pace and came in at one home sold in the Lakeview market over the last 30 days. However, a three-week upward trend for contracts was extended, with one pending transactions in the same time frame. The median sales price of all transactions in Lakeview did not budge this week, remaining at $72,000. Lakeview is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

The number of sellers who put their homes up for sale in the Lakeview market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price remained unchanged over the latest reporting period for Lakeview, coming in at $72,000. Along with flat sales, a relatively high nine months of inventory indicates that Lakeview is a definite buyer's market.
Comments:

Lakeview has one of the largest populations in Bakersfield with 12,751 residents. On top of being the third-most populated neighborhood, it also ranks fourth in terms of density with 8,211.0 people per square mile. Lakeview is an area where most people lease the homes they live in, with a renting ratio of 61.0%. The best school in the neighborhood is Discovery Elementary School.
Comments:

The Lakeview market looked solid this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. Even after the uptick in sales, an elevated eight months of inventory tells us that Lakeview is still a definite buyer's market.
Comments:

Sellers in Lakeview weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Lakeview usually averages 0.7 sales per month.
Comments:

The Lakeview market was quiet this week as no sales were reported over the previous 30 days. Lakeview usually averages 0.7 sales per month.
Comments:

No deals were completed in the Lakeview market over the last 30 days. Lakeview usually averages 0.7 sales per month.
Comments:

Sellers in Lakeview weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Lakeview usually averages 0.7 sales per month.
Comments:

The Lakeview market was quiet this week as no sales were reported over the previous 30 days. Lakeview usually averages 0.7 sales per month.
Comments:

Lakeview is much older than the rest of Bakersfield, with a median age of 24. It's much less affluent than average as well, with a median income of $23,609 per household. The Lakeview market currently consists of an even amount of detached house and condo/townhouses. Topping the list of best schools in the neighborhood is Discovery Elementary School.
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