$227K  
The number of price cuts in the Merced market climbed to 32 over the last 30 days, furthering a confirmed positive trend. Perhaps due to the decreases in list prices, sales increased to 45 homes sold. While the number of price reductions trended higher, months of inventory is on a four-week upswing, this week hitting three months. With inventory so low and sales rising, Merced is a seller's market.
Comments:

$210K  
Home sales in the Merced market remained sluggish in this week's report as they fell 7.0% to 40 homes sold over the last 30 days. In comparison, nearby Atwater had 12 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $213,000, down from last week's $228,000. With only three months of inventory to sell, Merced is a seller's market, in spite of the dip in sales.
Comments:

$419K  
The number of home sales in the Merced market rose 13.2% to 43 homes over the last 30 days. In comparison, nearby Los Banos had 10 sales in the same time frame, the most of all neighboring cities. The median sales price of homes sold came in at $228,000, which extended a price upswing to four weeks. The increasing prices a low three months of inventory point to Merced being a seller's market.
Comments:

$205K  
In this week's report, the number of homes sold in the Merced market slid to 37 over the past 30 days, a decrease of 14.0% from last week's report. On the other hand, close-by Atwater registered 12 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $239,900, down from last week's $240,000. Despite the slip in sales, a relatively low three months of inventory indicates that Merced is a seller's market.
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. 95340, 95341, and 95348 are the three largest zip codes in terms of population. The Merced market is almost exclusively made up of detached houses, which currently account for 99% of the homes for sale in the area. Heading the list of top schools in the city is Donn B. Chenoweth Elementary School.
Comments:

$267K  
In this week's report, the number of homes sold in the Merced market slid to 43 over the past 30 days, a decrease of 10.4% from last week's report. In comparison, nearby Atwater had 12 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $240,000 over the latest reporting period for Merced, up from $226,500. With only three months of inventory to sell, Merced is a seller's market, in spite of the dip in sales.
Comments:

$377K  
The Merced market pulled back with a 7.7% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 61.1 monthly average with 48 homes sold. Meanwhile, close-by Los Banos reported 16 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $226,500, down from last week's $226,700. Despite the slip in sales, a relatively low three months of inventory indicates that Merced is a seller's market.
Comments:

$379K  
The Merced remained below its 12-month average sales volume this week as sales fell 5.5% to hit 52 homes sold over the last 30 days. Meanwhile, close-by Los Banos reported 20 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Merced, with the median for this period rising from $221,000 to $226,700. With only two months of inventory to sell, Merced is a definite seller's market, in spite of the dip in sales.
Comments:

$379K  
The Merced remained below its 12-month average sales volume this week as sales slid 8.9% to hit 51 homes sold over the last 30 days. Within the same time frame, Los Banos had 19 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 $208,500 to $212,000. In spite of the decrease in sales, a low two months of inventory signals that Merced is a solid seller's market.
Comments:

$115K  
Over the last 30 days, a new downward trend of new sellers coming into the Merced market continued, with 47 listings in this week's report. Meanwhile, sales fell, with 53 homes selling during the same period. The median sales price remained unchanged over the latest reporting period for Merced, coming in at $207,000. In spite of the decrease in sales, a low two months of inventory signals that Merced is a strong seller's market.
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