$109K  
A dip in the number of pending transactions in the Kern County market over the last 30 days resulted in the lowest amount since last January. While 36 homes went under contract, there were 50 completed sales. During the same time frame, Los Angeles County had the most of any other neighboring county with 2,433 contracts executed. As contracts reached a new low, prices also took a turn lower, with the median sales price falling to a three-month low at $185,000. Kern County is a definite buyer's market, due to a downward trend in contracts numbers and prices, and seven months of inventory remaining.
Comments:

$355K  
The population of Kern County is less affluent than average compared to others in California with a median income of $45,773 per household. It's also considered a much less expensive county in terms of affordability with a cost of living adjustment score of 94.4. The three cities with the largest populations are Bakersfield, Delano, and Oildale. Homes in Kern County are relatively old with a median age of 29 years. The best schools in the county are Discovery Elementary School, Fruitvale Junior High School, and Burroughs High School.
Comments:

$214K  
New listings have fallen in the Kern County market, reaching a low that hasn't been seen since last January. They also had a 30-day tally of 57 sales. In comparison, Los Angeles County had 3,938 new listings in the same time frame, the most of all nearby counties. As the weak new listing numbers suggest, months of inventory is on a four-week downward trend, this week hitting seven months. Despite the uptick in sales, the large amount of remaining inventory indicates that Kern County is still a solid buyer's market.
Comments:

$195K  
The Kern County market broke below its 12-month average sales volume this week as sales slid 19.7% to hit 49 homes sold over the last 30 days. Within the same time period, Los Angeles County had 5,254 sales, the most of all counties in the area. Prices are rising in Kern County, and the median sales price this period increased from $192,000 to $205,000. Kern County is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$355K  
Over the past 30 days, there have been fewer price cuts in the Kern County market, continuing a six-week declining trend to land at 57. Home sales were also down to 58 over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $191,000, down from last week's $196,000. With decreasing sales and the availability of seven months of inventory, Kern County is a solid buyer's market.
Comments:

$195K  
The Kern County market slowed this week but was still better than normal as sales dropped 7.7% to 60 homes sold over the last 30 days. In comparison, nearby Los Angeles County had 5,382 sales in the same time frame, the most of all neighboring counties. Prices are rising in Kern County, and the median sales price this period increased from $190,489 to $196,000. Kern County is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$154K  
With 63 homes sold in the Kern County market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 76 new listings for buyers to choose from. Prices are rising in Kern County, and the median sales price this period increased from $190,000 to $192,000. Along with flat sales, a relatively high seven months of inventory indicates that Kern County is a solid buyer's market.
Comments:

$355K  
Kern County is a larger than average county in California with a population of 839,631 residents. Also, it has an average density with 103.3 people per square mile. Bakersfield, Delano, and Oildale are the three largest cities in terms of population. It should be noted that at 53.7%, most people own their homes in Kern County. The top schools in the county are Discovery Elementary School, Fruitvale Junior High School, and Burroughs High School.
Comments:

$190K  
Over the past 30 days, there have been fewer price cuts in the Kern County market, continuing a three-week declining trend to land at 57. However, home sales were up to 63 over the same period. The median sales price dropped to $192,000, down from last week's $192,744. Kern County is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$299K  
In this week's report, the number of homes sold in the Kern County market slid to 55 over the past 30 days, a decrease of 12.7% from last week's report, but still above the monthly average. Meanwhile, Los Angeles County reported 5,122 home sales, the highest number from all the surrounding counties. Months of inventory continued a steady rise, trending upwards for four weeks to reach eight months. With decreasing sales and the availability of so much inventory, Kern County is a definite buyer's market.
Comments:
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