$165K  
In this week's report, the number of homes sold in the Merced market fell to 56 over the past 30 days. It marked a decrease of 6.7% from last week's report and another period below the monthly average. In comparison, nearby Atwater had 15 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Merced, with the median for this period rising from $218,750 to $221,500. In spite of the decrease in sales, a low three months of inventory signals that Merced is a seller's market.
Comments:

$310K  
The Merced market broke below its 12-month average sales volume this week as sales slid 4.8% to hit 60 homes sold over the last 30 days. On the other hand, close-by Atwater registered 19 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $218,750, down from last week's $229,000. Despite the slip in sales, a relatively low two months of inventory indicates that Merced is a definite seller's market.
Comments:

$269K  
Merced has a much older population than other areas in California with a median age of 28 years. It is also less affluent than average with a median income of $39,890 per household. Its three largest zip codes are 95340, 95341, and 95348. The Merced market almost exclusively consists of detached houses, accounting for 98% of the current homes in the area. The best school in the city is Donn B. Chenoweth Elementary School.
Comments:

$379K  
The Merced market warmed up this week as sales climbed 3.3% to hit 63 homes sold over the last 30 days. In comparison, nearby Atwater had 32 sales in the same time frame, the most of all neighboring cities. Prices are falling in Merced, and this period the median price of all sales fell from $233,000 to $229,000. With just two months of inventory available and sales going up, Merced is a strong seller's market.
Comments:

$199K  
Despite a budding downward trend in sellers reducing price, including 26 markdowns over the last 30 days, sales in the Merced market rose to 60 over the same stretch of time. The median sales price climbed to $234,000, up from last week's $222,561. The rising sales and a low two months of inventory point to Merced being a definite seller's market.
Comments:

$209K  
In this week's report, the number of homes sold in the Merced market dropped to 51 over the past 30 days. It marked a decrease of 22.7% from last week's report and a fall below the monthly average. Within the same time frame, Atwater had 37 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Merced, and for this period the median sales price slid from $219,000 to $217,500. In spite of the decrease in sales, a low three months of inventory signals that Merced is a seller's market.
Comments:

$209K  
A dip in the number of pending transactions in the Merced market over the last 30 days resulted in the lowest amount since January. While 57 homes went under contract, there were 66 completed sales. During the same time frame, Atwater had the most of any other neighboring municipalities with 19 contracts executed. Prices are rising in Merced, and the median sales price this period increased from $209,000 to $219,000. With only two months of inventory to sell, Merced is a still strong seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$339K  
This week in the Merced market, sales fell to 66 homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with 23 in the same time frame. The median sales price dropped to $213,500, down from last week's $218,000. In spite of the decrease in sales, a low two months of inventory signals that Merced is a strong seller's market.
Comments:

$340K  
Merced is a city that is growing faster than others in California at a 10-year growth rate of 21.6%. It also has a larger than average population of 78,958 people. 95340, 95341, and 95348 are the three largest zip codes in terms of population. Homes in Merced are relatively old with a median age of 32 years. Topping the list of best schools in the city is Donn B. Chenoweth Elementary School.
Comments:

$105K  
There were 78 homes sold in the Merced market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since April at 27. In comparison, Atwater had 11 price reductions in the same time frame, the most of all nearby cities. As the number of sellers reducing prices reached a bottom, prices also took a turn lower, with the median sales price falling to a three-month low at $216,500. With only two months of inventory and rising sales, Merced is a strong seller's market.
Comments:
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