Bakersfield, CA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

238

SINGLE FAMILY HOMES

Condos

14

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

271

HOMES LISTED

= 10 homes
5
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$240k
$213k$236k$258kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
8Homes
1-3
MONTHS
141Homes
OVER
3 MONTHS
111Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

80
DAYS
4%
6872757982NovOctSepAugJulJun

And finally...What's the hottest street in

Bakersfield

baja dr

NEARBY REAL ESTATE TRENDS

For November 2016, Bakersfield, CA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Bakersfield, CA was 1,537 and 260 homes were sold.