$379K  
The number of home sales in the Madera market rose 14.3% to 16 homes over the last 30 days, exceeding the 14.9 monthly average for the last 12 months. Within the same time frame, Chowchilla had 10 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 $204,000 to $199,950. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Madera is a definite seller's market.
Comments:

With 61,416 residents, Madera is a larger than average city in California. Also, with 3,889.7 people per square mile, it has a higher than average density in comparison to other parts of the state. Madera is an area where 47.5% of the homes are owned, while 46.0% are rented. Topping the list of best schools in the city is Lincoln Elementary School.
Comments:

$450K  
In this week's report, the number of homes sold in the Madera market slid to 13 over the past 30 days. It marked a decrease of 13.3% from last week's report and a fall below the monthly average. In comparison, nearby Chowchilla had 13 sales in the same time frame, the most of all neighboring cities. The median sales price in Madera stayed put this week at $204,000. In spite of the decrease in sales, a low two months of inventory signals that Madera is a strong seller's market.
Comments:

$235K  
Sales in the Madera market inched up to 15 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with three price reductions in the same time frame. Potential buyers should note that prices went up in Madera, with the median for this period rising from $151,500 to $204,000. With only two months of inventory and rising sales, Madera is a definite seller's market.
Comments:

$295K  
In this week's report, the number of homes sold in the Madera market dropped to 10 over the past 30 days, a decrease of 9.1% from last week's report. Meanwhile, close-by Chowchilla reported 16 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Madera, and for this period the median sales price slid from $165,000 to $164,950. There are only three months of inventory available in Madera, so it's a seller's market, even with the decrease in sales.
Comments:

$279K  
Sales have fallen to 11 homes sold over the last 30 days in the Madera market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 24 for the same period. The median sales price dropped to $165,000, down from last week's $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:

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. Madera is made up of homes that are considered of moderate age with a median of 24 years. Heading the list of top schools in the city is Lincoln Elementary School.
Comments:

$450K  
The Madera market saw sales decline 7.1% this week but it is currently in the midst of a confirmed upward sales trend, including 13 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting two months. With inventory so low in Madera, it's still a definite seller's market, even after taking into consideration the decrease in sales.
Comments:

$329K  
With home sales in the Madera market already below average, in this week's report they slid 13.3% to 13 homes sold over the last 30 days. In comparison, nearby Chowchilla had 10 sales in the same time frame, the most of all neighboring cities. Prices are falling in Madera, and this period the median price of all sales fell from $212,000 to $185,000. With only two months of inventory to sell, Madera is a strong seller's market, in spite of the dip in sales.
Comments:

$320K  
The Madera market broke below its 12-month average sales volume this week as sales fell 6.2% to hit 15 homes sold over the last 30 days. On the other hand, close-by Chowchilla registered 11 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $212,000 over the latest reporting period for Madera, down from $219,000. In spite of the decrease in sales, a low two months of inventory signals that Madera is a solid seller's market.
Comments:
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