Merced, CA Market Update for December 2007

Here are the latest real estate market statistics for Merced, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 58.0%*

Average	November 2007	December 2007	% Change
Asking Price	$285,826	$234,192	-18.1%
Sales Price	$224,984	$214,200	-4.8%
% of Asking Price	79%	91%	12.0%
$/SQFT	$129	$121	-6.2%
Days on Market	91	91	0.0%
Total Transactions	19	18	-5.3%

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

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 1/17/2008: 1,105 properties on the market with 641 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.