$465K  
The Merced market looked solid this week as sales rose 13.6% to reach 67 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, nearby Atwater had 23 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $234,162, which extended a price upswing to four weeks. The increasing prices a low two months of inventory point to Merced being a solid seller's market.
Comments:

$385K  
The Merced market broke below its 12-month average sales volume this week as sales slid 7.9% to hit 58 homes sold over the last 30 days. In comparison, nearby Atwater had 19 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $234,581 over the latest reporting period for Merced, up from $225,000. With only two months of inventory to sell, Merced is a strong seller's market, in spite of the dip in sales.
Comments:

With 78,958 residents, Merced is a larger than average city in California. Also, with a 21.6% increase over the last 10 years, its population is growing faster than other parts of the state. 95340, 95341, and 95348 are the three largest zip codes in terms of population. Merced is made up of homes that are relatively old with a median of 32 years. Heading the list of top schools in the city is Donn B. Chenoweth Elementary School.
Comments:

$465K  
The Merced market is enjoying a solid upward trend, reiterated again this week as sales rose 6.9% to 62 homes over the last 30 days. As sales trended up, the median sales price also climbed, hitting a three-month high at $225,000. With only two months of inventory available, rising prices, and steady sales, Merced remains a strong seller's market.
Comments:

$179K  
With home sales in the Merced market already below average, in this week's report there were 56 homes sold over the last 30 days. Meanwhile, close-by Atwater reported 17 homes sales, the highest number from all the surrounding cities. Months of inventory were further reduced to two, extending a downward trend to four weeks. Despite the slip in sales from last week to this week, the low inventory indicates that Merced is still a strong seller's market.
Comments:

$449K  
Over the last 30 days, the sale of 56 homes took place in the Merced market. This shows a 9.8% rise from the prior period and the continuation of a confirmed upward trend. A months of inventory number of two reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. The low inventory and rising sales mean Merced is a strong seller's market.
Comments:

$415K  
The Merced remained below its 12-month average sales volume this week as sales dropped 3.9% to hit 49 homes sold over the last 30 days. Meanwhile, close-by Atwater reported 21 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Merced, and for this period the median sales price slid from $211,000 to $210,000. With only two months of inventory to sell, Merced is a strong seller's market, in spite of the dip in sales.
Comments:

$267K  
Merced has a much older population than other areas in California with a median age of 28 years. It is also less affluent than average with a median income of $39,890 per household. The three zip codes with the largest populations are 95340, 95341, and 95348. The Merced market is almost exclusively made up of detached homes, currently accounting for 97% overall. Topping the list of best schools in the city is Donn B. Chenoweth Elementary School.
Comments:

$250K  
The number of price cuts in the Merced market climbed to 49 over the last 30 days, furthering a prolonged positive trend. Despite drops in list prices, sales also decreased to 51 homes sold. Prices are falling in Merced, and this period the median price of all sales fell from $211,500 to $211,000. Despite the slip in sales, a relatively low two months of inventory indicates that Merced is a definite seller's market.
Comments:

$149K  
The Merced market showed gains in this week's report, as the number of home sales climbed 13.0%, pushing the total to 52 homes sold over the last 30 days. Within the same time frame, Atwater had 20 sales, the most of all cities in the area. Potential buyers should note that prices went up in Merced, with the median for this period rising from $208,000 to $211,500. The rising sales and a low two months of inventory point to Merced being a definite seller's market.
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