$389K  
The Los Banos market slowed with an 11.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 10.5 monthly average with eight homes sold. In comparison, nearby Merced had 45 sales in the same time frame, the most of all neighboring cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $280,000 this week.
Comments:

$289K  
A three-week rough patch for the overall sales trend continues in the Los Banos market. Also, the actual number of sales dropped 10.0% over the last 30 days, coming in at nine. Potential buyers should note that prices are coming down in Los Banos, and for this period the median sales price slid from $285,000 to $240,000. With only three months of inventory to sell, Los Banos is a still seller's market, even after taking into consideration the falling sales numbers.
Comments:

$308K  
With 35,972 residents, Los Banos is a larger than average city in California. Also, with a 42.1% increase over the last 10 years, its population is growing faster than other parts of the state. With a median age of 16 years, homes in Los Banos tend to be of moderate age. Heading the list of top schools in the city is Charleston Elementary School.
Comments:

$324K  
The Los Banos market will be more selective in the short term. Sales have fallen this week to 10 homes sold over the last 30 days, and there is also a new upward trend of new listings, with 16 going live in the same time frame. Prices are rising in Los Banos, and the median sales price this period increased from $280,000 to $285,000. There are only two months of inventory available in Los Banos, so it's a solid seller's market, even with the decrease in sales.
Comments:

$385K  
With 12 homes sold in the Los Banos market over the last 30 days, we see no change from last week's numbers. However, 16 new listings came into the market. Potential buyers should note that prices went up in Los Banos, with the median for this period rising from $233,500 to $282,500. With only two months of inventory to sell, Los Banos is a definite seller's market, in spite of the flat sales.
Comments:

$389K  
The Los Banos market saw eight homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales dropped to 12 over the last 30 days. Potential buyers should note that prices are coming down in Los Banos, and for this period the median sales price slid from $278,500 to $233,500. There are only three months of inventory available in Los Banos, so it's still seller's market, even with the shrinking contracts numbers.
Comments:

$390K  
The Los Banos market pulled back this week but was still better than normal as sales dropped 23.8% to 16 homes sold over the last 30 days. Within the same time frame, Merced had 48 sales, the most of all cities in the area. The median sales price has been increasing as it hit $278,500, extending a four-week long spike. Despite the slip in sales, a relatively low two months of inventory indicates that Los Banos is a definite seller's market.
Comments:

$389K  
There were 20 homes sold in the Los Banos market over the last 30 days, while 15 contracts were executed. This marks the lowest amount since October, and could be a sign that the market is softening. During the same time frame, Merced had the most of any other neighboring municipalities with 44 contracts executed. Prices are falling in Los Banos, and this period the median price of all sales fell from $291,960 to $275,000. There is only one month of inventory available in Los Banos, so it's still solid seller's market, even with the shrinking contracts numbers.
Comments:

$389K  
Los Banos is a somewhat affluent city in California with a median income of $50,363 per household. The population is also considered much older than most with a median age of 29 years. With an ownership ratio of 54.5%, most people in Los Banos are homeowners. The top school in the city is Charleston Elementary School.
Comments:

$395K  
The Los Banos market saw sales remain flat this week with 19 homes sold over the last 30 days but new listings fell to seven. Prices are falling in Los Banos, and this period the median price of all sales fell from $296,037 to $295,000. With only two months of inventory to sell, Los Banos is a solid seller's market, in spite of the flat sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Intero Real Estate Services
Snapped 22 homes in this area
Alta California Real Estate
Snapped 2 homes in this area
Bellamia Real Estate Services
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
2 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.