Bakersfield Real Estate Market Sees Sales Down

The Bakersfield market broke below its 12-month average sales volume this week as sales fell 7.7% to hit 12 homes sold over the last 30 days. On the other hand, close-by Oildale registered two homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Bakersfield, with the median for this period rising from $200,000 to $214,500. Along with the slip in sales, a relatively high seven months of inventory indicates that Bakersfield is a definite buyer's market.

Any of these new listings in Bakersfield could be your dream home, so be sure to check them out:

$409K   $165K   $168K  

Get started right now by checking out Bakersfield homes for sale or reviewing Bakersfield real estate trends.

Demographic facts for Bakersfield:

  • The current population is 347,483.
  • The area's safety rating is 53. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 23 minutes.

Data reported through 1/12/2017

Comments:

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Tholco Real Estate Group
Snapped 39 homes in this area
Wlm Realty
Snapped 5 homes in this area
The Childress Group @ Triple T Realty Services, Inc
Snapped 3 homes in this area

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