$218K  
Sales fell this week to three homes sold in the Pine Mountain Club market over the last 30 days. However, a three-week positive trend for contracts was extended, with eight pending transactions in the same time frame. A months of inventory number of 21 reported this week continued a four-week upward trend, even with the strong contracts in the area. Pine Mountain Club is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$139K  
Despite a 20.0% jump in sales numbers this week to reach six homes sold over the last 30 days, the Pine Mountain Club market still shows a confirmed trend downward overall. The median sales price rose dramatically to $236,250 over the latest reporting period for Pine Mountain Club, up from $189,000. Even after the uptick in sales, an elevated 11 months of inventory tells us that Pine Mountain Club is still a strong buyer's market.
Comments:

$355K  
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 is almost exclusively made up of detached houses, which currently account for 99% of the homes for sale in the area.
Comments:

$220K  
There were five homes sold in the Pine Mountain Club market over the last 30 days. During the same period, the total number of price reductions was 12, the most since November. During the same time frame, Ojai had the most price reductions of any other neighboring municipalities with five. The median sales price dropped dramatically to $189,000 over the latest reporting period for Pine Mountain Club, down from $279,000. With no movement in sales and the availability of 15 months of inventory, Pine Mountain Club is a solid buyer's market.
Comments:

$220K  
The number of price cuts in the Pine Mountain Club market climbed to eight over the last 30 days, furthering a confirmed positive trend. Even with the drops in list prices, sales remained the same with five homes sold. Pricing in Pine Mountain Club remains consistent from last week to this week, with the median sales price at $279,000 again. Pine Mountain Club is a strong buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:

$490K  
The Pine Mountain Club market remained cold this week as sales dropped 16.7% to land at five homes sold over the last 30 days. In comparison, nearby Bakersfield had 10 sales in the same time frame, the most of all neighboring cities. Prices are rising in Pine Mountain Club, and the median sales price this period increased from $178,500 to $279,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that Pine Mountain Club is a strong buyer's market.
Comments:

$157K  
The Pine Mountain Club market remained soft with six homes sold in the last 30 days, a 33.3% sales drop. Within the same time frame, Bakersfield had 12 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Pine Mountain Club, and for this period the median sales price slid from $197,000 to $178,500. Pine Mountain Club is a definite buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$260K  
Over the last 30 days, the Pine Mountain Club market had a decrease in home sales with nine. Furthermore, the amount of pending transactions continued to decline, with a total of two contracts during the same period. Prices are rising in Pine Mountain Club, and the median sales price this period increased from $193,500 to $197,000. With a downward trend in contracts numbers and eight months of inventory still left to work through, Pine Mountain Club is a strong buyer's market.
Comments:

$355K  
The population of Pine Mountain Club is somewhat affluent compared to others in California with a median income of $51,022 per household. It's also considered a less expensive city in terms of affordability with a 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.
Comments:

$495K  
While home sales in the Pine Mountain Club market have been above average, in this week's report they dropped 7.7% to 12 homes sold over the last 30 days. On the other hand, close-by Bakersfield registered 14 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Pine Mountain Club, with the median for this period rising from $190,000 to $193,500.
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