$450K  
In this week's report, the number of homes sold in the Madera market slid to 15 over the past 30 days, a decrease of 6.2% from last week's report, but still above the monthly average. Within the same time frame, Yosemite Lakes had 16 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Madera, and for this period the median sales price slid from $190,950 to $185,000. There are only three months of inventory available in Madera, so it's a seller's market, even with the decrease in sales.
Comments:

$365K  
Sales rose to 16 homes sold over the last 30 days in the Madera market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 13 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price dropped to $190,950 over the latest reporting period for Madera, down from $210,000. The rising sales and a low two months of inventory point to Madera being a definite seller's market.
Comments:

$285K  
The number of home sales in the Madera market climbed 85.7% to 13 homes over the last 30 days, coming close to the 14.6 monthly average for the last 12 months. Within the same time frame, Yosemite Lakes had 19 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Madera, and for this period the median sales price slid from $219,950 to $210,000. With just three months of inventory available and sales going up, Madera is a seller's market.
Comments:

Madera is a larger than average city in California with a population of 61,416 residents, and it has a higher than average density compared to the rest of the state, with 3,889.7 people per square mile. Madera is an area where 47.5% of the homes are owned, while 46.0% are rented. Heading the list of top schools in the city is Lincoln Elementary School.
Comments:

$349K  
The number of sellers reducing prices in the Madera market trended up to nine over the last 30 days, extending a six-week streak. During the same period, six sales were completed. Prices are falling in Madera, and this period the median price of all sales fell from $220,000 to $219,975.
Comments:

$399K  
Home sales in the Madera market stayed sluggish in this week's report as they slid 27.3% to eight homes sold over the last 30 days. Within the same time frame, Yosemite Lakes had 12 sales, the most of all cities in the area. Months of inventory hit four this period, extending an upward trend to eight weeks.
Comments:

$450K  
The Madera market slowed with a 31.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 14.8 monthly average with 11 homes sold. Meanwhile, close-by Chowchilla reported 12 homes sales, the highest number from all the surrounding cities. Prices were able to climb as this week's reported median sales price of $225,000 continued an eight-week upswing. Despite the slip in sales, a relatively low three months of inventory indicates that Madera is a seller's market.
Comments:

$242K  
This week in the Madera market, sales fell to 16 homes sold over the last 30 days, even as it endures a new upward trend in price reductions, with 11 reported in the same time frame. The median sales price climbed to $217,500, up from last week's $215,000. Despite the slip in sales, a relatively low two months of inventory indicates that Madera is a definite seller's market.
Comments:

$209K  
There were 19 homes sold in the Madera market over the last 30 days, while 13 contracts were executed. This marks the lowest amount since March, and could be a sign that the market is weakening. During the same time frame, Chowchilla had the most of any other neighboring municipalities with nine contracts executed. Potential buyers should note that prices are coming down in Madera, and for this period the median sales price slid from $225,000 to $215,000. The rising sales and a low two months of inventory point to Madera being a solid seller's market.
Comments:

Madera has a cost of living adjustment score of 98.7, which is much less expensive when compared to others in California. Also, the area is considered less affluent than average with a median income of $38,932 per household. With a median age of 24 years, homes in Madera tend to be of moderate age. Heading the list of top schools in the city is Lincoln Elementary School.
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