$377K  
The Merced market pulled back with a 7.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 61.1 monthly average with 48 homes sold. Meanwhile, close-by Los Banos reported 16 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $226,500, down from last week's $226,700. Despite the slip in sales, a relatively low three months of inventory indicates that Merced is a seller's market.
Comments:

$379K  
The Merced remained below its 12-month average sales volume this week as sales fell 5.5% to hit 52 homes sold over the last 30 days. Meanwhile, close-by Los Banos reported 20 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Merced, with the median for this period rising from $221,000 to $226,700. With only two months of inventory to sell, Merced is a definite seller's market, in spite of the dip in sales.
Comments:

$379K  
The Merced remained below its 12-month average sales volume this week as sales slid 8.9% to hit 51 homes sold over the last 30 days. Within the same time frame, Los Banos had 19 sales, the most of all cities in the area. Potential buyers should note that prices went up in Merced, with the median for this period rising from $208,500 to $212,000. In spite of the decrease in sales, a low two months of inventory signals that Merced is a solid seller's market.
Comments:

$115K  
Over the last 30 days, a new downward trend of new sellers coming into the Merced market continued, with 47 listings in this week's report. Meanwhile, sales fell, with 53 homes selling during the same period. The median sales price remained unchanged over the latest reporting period for Merced, coming in at $207,000. In spite of the decrease in sales, a low two months of inventory signals that Merced is a strong seller's market.
Comments:

$269K  
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 its three most populated zip codes. Merced is made up of homes that are considered relatively old with a median of 32 years. The best school in the city is Donn B. Chenoweth Elementary School.
Comments:

$325K  
There were 55 home sales in the Merced market over the last 30 days, while coming close to the 60.8 monthly average for the last 12 months. In comparison, nearby Los Banos had 17 sales in the same time frame, the most of all neighboring cities. Prices are rising in Merced, and the median sales price this period increased from $197,100 to $207,000. With only two months of inventory and rising sales, Merced is a strong seller's market.
Comments:

$127K  
Sales in the Merced market hit their lowest level since March. For the prior 30-day period, there were 52 homes sold, a decrease of 1.9%. In comparison, Atwater led all other nearby municipalities with 16 sales. Prices are falling in Merced, and this period the median price of all sales fell from $203,000 to $197,100. Despite the falling sales numbers, there are only three months of inventory remaining, indicating that Merced is a still seller's market.
Comments:

$379K  
With home sales in the Merced market already below average, in this week's report they fell 8.6% to 53 homes sold over the last 30 days. Meanwhile, close-by Atwater reported 18 homes sales, the highest number from all the surrounding cities. Prices are falling in Merced, and this period the median price of all sales fell from $221,500 to $203,000. In spite of the decrease in sales, a low three months of inventory signals that Merced is a seller's market.
Comments:

$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:
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