$235K  
The number of sellers who put their homes up for sale in the Laurelglen market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in Laurelglen remains consistent from last week to this week, with the median sales price at $220,000 again. There are only two months of inventory available in Laurelglen, so it's a solid seller's market, even if sales are flat.
Comments:

Laurelglen has a younger population than other areas in Bakersfield with a median age of 34 years. It is also somewhat affluent with a median income of $67,850 per household. The Laurelglen market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Topping the list of best schools in the neighborhood is Discovery Elementary School.
Comments:

$235K  
With a determined downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at one in that same time frame, the Laurelglen market will be slowing. The median sales price in Laurelglen stayed put this week at $220,000. There are only two months of inventory available in Laurelglen, so it's a solid seller's market, even if sales are flat.
Comments:

$225K  
Sellers in Laurelglen weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Laurelglen usually averages 0.3 sales per month.
Comments:

$225K  
Sales stayed firm at one home sold over the last 30 days in the Laurelglen market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to zero for the same period. The median sales price in Laurelglen stayed put this week at $235,000. Despite the flat sales, a relatively low three months of inventory remaining indicates that Laurelglen is a seller's market.
Comments:

$225K  
The Laurelglen market pulled back this week but remained much stronger than normal as sales fell 50.0% to one home sold over the last 30 days. In comparison, the Haggin Oaks neighborhood had three sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Laurelglen, with the median for this period rising from $190,799 to $235,000. Despite the slip in sales, a relatively low three months of inventory indicates that Laurelglen is a seller's market.
Comments:

$225K  
With 8,347 residents, Laurelglen is a larger than average neighborhood in Bakersfield. Also, with 6,516.8 people per square mile, it has a much higher than average density in comparison to other parts of the city. With an ownership ratio of 55.1%, most people in Laurelglen are homeowners. The best school in the neighborhood is Discovery Elementary School.
Comments:

$225K  
The Laurelglen market saw sales remain consistent with two homes sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to zero. As contracts trended lower, the median sales price went in the opposite direction, trending up for four weeks to $190,799. In spite of contracts trending lower, rising prices and a low two months of inventory signal that Laurelglen is still a definite seller's market.
Comments:

$225K  
Despite a determined downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Laurelglen market rose to two over the same stretch of time. Prices are rising in Laurelglen, and the median sales price this period increased from $146,599 to $190,799. With just two months of inventory available and sales going up, Laurelglen is a definite seller's market.
Comments:

$225K  
With one home sold in the Laurelglen 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 zero new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for Laurelglen, coming in at $146,599. In spite of flat sales, a low three months of inventory signals that Laurelglen is a seller's market.
Comments:
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