$189K  
Over the last 30 days, the Oildale market was healthy with four homes sold, a 33.3% increase from last week's report. Within the same time frame, Bakersfield had 13 sales, the most of all cities in the area. The median sales price rose to $136,500, up from last week's $117,000. With only two months of inventory and rising sales, Oildale is a solid seller's market.
Comments:

$189K  
November was the last time there were so many price reductions in the Oildale market, with five reported over the last 30 days. The market also had three homes change hands. When comparing other close-by municipalities within the same period, the most came from Bakersfield with 11 price reductions. The median sales price in Oildale jumped to $117,000 while months of inventory shrunk to four.
Comments:

$229K  
Over the last 30 days, the Oildale market showed strong improvement with one home sold, closing in on the average sales volume for the prior 12 months. In comparison, nearby Bakersfield had 15 sales in the same time frame, the most of all neighboring cities. Even after the uptick in sales, an elevated 14 months of inventory tells us that Oildale is still a strong buyer's market.
Comments:

$535K  
The Oildale market reported zero sales over the last 30 days. Oildale usually averages 1.3 sales per month.
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$130K  
The number of sellers who put their homes up for sale in the Oildale market over the last 30 days remained flat this week at two. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price in Oildale stayed put this week at $88,000. Along with flat sales, a relatively high 12 months of inventory indicates that Oildale is a definite buyer's market.
Comments:

$130K  
With one home sold in the Oildale market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price of all transactions in Oildale did not budge this week, remaining at $88,000. Oildale is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$200K  
Oildale is a larger than average city in California that has seen an 18.7% increase in population over the last 10 years. It also has a total population of 32,684. Oildale is made up of homes that are considered older than most with a median of 45 years. Heading the list of top schools in the city is Olive Drive Elementary School.
Comments:

$200K  
The Oildale market was steady this week as sales remained at one home over the prior 30 days, but the area is experiencing a solid upward trend of contracts closing, now up to one. Pricing in Oildale remains consistent from last week to this week, with the median sales price at $88,000 again. Oildale is a definite buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
Comments:

$535K  
The Oildale market saw sales remain flat this week with one home sold over the last 30 days, while new listings rose to three. Potential buyers should note that prices are coming down in Oildale, and for this period the median sales price slid from $121,000 to $88,000. With no movement in sales and the availability of 12 months of inventory, Oildale is a strong buyer's market.
Comments:

$200K  
Fewer sellers put their homes up for sale in the Oildale market over the last 30 days and the number of new listings tumbled this week to two. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in Oildale did not budge this week, remaining at $121,000. With no movement in sales and the availability of 12 months of inventory, Oildale is a definite buyer's market.
Comments:
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