Pine Mountain Club is a city in California. It's somewhat affluent and the cost of living is less expensive compared to the rest of the state, with a median income of $51,022 per household and cost of living adjustment score of 104.0. Pine Mountain Club is made up of homes that are considered relatively old with a median of 26 years.
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$179K  
While home sales in the Pine Mountain Club market have been above average, in this week's report they slid 6.7% to 14 homes sold over the last 30 days. In comparison, nearby Bakersfield had 13 sales in the same time frame, the most of all neighboring cities. Prices are falling in Pine Mountain Club, and this period the median price of all sales fell from $209,000 to $207,500. Pine Mountain Club is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
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$248K  
While home sales in the Pine Mountain Club market have been above average, in this week's report they slid 11.1% to 16 homes sold over the last 30 days. On the other hand, close-by Bakersfield registered 15 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $209,500, up from last week's $197,500. Pine Mountain Club is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$639K  
The Pine Mountain Club market saw sales decline 9.1% this week but it is currently in the midst of a determined upward sales trend, including 20 homes sold over the last 30 days. Potential buyers should take note that the median sales price in Pine Mountain Club stayed flat at $187,500 and that there are four months of inventory still available.
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$159K  
The number of home sales in the Pine Mountain Club market rose 10.5% to 21 homes over the last 30 days, above the 9.8 monthly average. Within the same time frame, Bakersfield had 11 sales, the most of all cities in the area. Months of inventory in Pine Mountain Club was flat at four but prices came down, as the median sales price dropped to $190,000.
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Pine Mountain Club is an average-sized city in California with 2,315 residents. Also, it has seen a 20.2% increase in population over the last 10 years. The Pine Mountain Club market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area.
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$310K  
Sales have risen to 19 homes sold over the last 30 days in the Pine Mountain Club market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to 22 for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Although the strong new listing numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting four months.
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$639K  
The Pine Mountain Club market saw sales rise 20.0% and it is currently in the midst of a new upward sales trend, including 12 homes sold over the last 30 days. The median sales price remained unchanged over the latest reporting period for Pine Mountain Club, coming in at $242,450.
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$149K  
Home sales inched up to nine homes sold over the last 30 days, providing a boost to the Pine Mountain Club market. That may continue, due to a nine-week upward trend for contracts, with 14 in the same time frame. As contracts trended higher, the median sales price fell in response, trending downwards for four weeks to reach $234,900. Even after the rising contracts numbers, with prices falling and eight months of inventory available, Pine Mountain Club is still a definite buyer's market.
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$315K  
With an identifiable upward trend of new sellers listing homes, including 22 over the last 30 days, and sales that have risen to seven in that same time frame, the Pine Mountain Club market will be more intense. Prices are rising in Pine Mountain Club, and the median sales price this period increased from $172,500 to $225,000. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Pine Mountain Club is still a definite buyer's market.
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