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: