Bakersfield, CA Market Update for December 2007

Here are the latest real estate market statistics for Bakersfield, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.4%*

Average	November 2007	December 2007	% Change
Asking Price	$276,724	$275,963	-0.3%
Sales Price	$265,754	$263,637	-0.8%
% of Asking Price	96%	96%	0.0%
$/SQFT	$145	$143	-1.4%
Days on Market	98	105	7.1%
Total Transactions	216	297	37.5%

Search for homes in Bakersfield, CA and read a neighborhood overview of the Bakersfield, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 4,302 properties on the market with 1,866 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.