$279K  
Over the last 30 days, an emerging upward trend of new sellers coming into the East Bakersfield market continued, with one listings in this week's report. Meanwhile, sales have risen as well, with three homes selling during the same period. The median sales price jumped to $135,000, up from last week's $102,500. With only two months of inventory and rising sales, East Bakersfield is a definite seller's market.
Comments:

$274K  
With two homes sold in the East Bakersfield 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 one new listing for buyers to choose from. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $102,500 this week.
Comments:

East Bakersfield has a cost of living adjustment score of 85.4, which is much less expensive when compared to others in 93305. Also, the area is considered much less affluent than average with a median income of $25,469 per household. East Bakersfield is made up of homes that are older than most with a median of 49 years. Heading the list of top schools in the neighborhood is Discovery Elementary School.
Comments:

$287K  
More sellers put their homes up for sale in the East Bakersfield market over the last 30 days and the number of new listings climbed this week to two. Home sales remained unchanged from the prior period and once again one home was sold. Months of inventory is on a four-week upswing, this week hitting eight months. East Bakersfield is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$109K  
Sales in the East Bakersfield market remained flat at one home sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues an emerging upward trend in price reductions. Pricing in East Bakersfield remains consistent from last week to this week, with the median sales price at $200,000 again. East Bakersfield is a solid buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
Comments:

$179K  
The East Bakersfield market might be slowing in the coming weeks. Sales stayed steady at one home sold over the last 30 days, but there is a new downward trend in the number of new listings, with one going live in the same time frame. 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 remained unchanged over the latest reporting period for East Bakersfield, coming in at $200,000. Along with flat sales, a relatively high 13 months of inventory indicates that East Bakersfield is a definite buyer's market.
Comments:

$287K  
There was one home sale in the East Bakersfield market over the last 30 days, exceeding the 0.9 monthly average for the last 12 months. Prices were able to find a top with the average selling price rising to $200,000, a three-month high. East Bakersfield is still a strong buyer's market, in spite of the rise in prices, thanks to the availability of 12 months of remaining inventory.
Comments:

$109K  
The East Bakersfield market was quiet this week and reported zero home sales over the last 30 days. East Bakersfield usually averages 0.9 sales per month.
Comments:

$109K  
East Bakersfield has one of the largest populations in 93305 with 9,476 residents. On top of being the fifth-most populated neighborhood, it also ranks first for growth with a 0.9% increase over the last 10 years. It should be noted that at 64.5%, most homes are being rented in East Bakersfield. Heading the list of top schools in the neighborhood is Discovery Elementary School.
Comments:

$135K  
Sellers in East Bakersfield weren't able to find buyers for their properties, resulting in a 30 day period of no sales. East Bakersfield usually averages 0.9 sales per month.
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