July 2008 Market Update ... Lookin' Good!

Here we are more than half way through the year and we are deffinitely gearing up for a busy fall season. There are some great deals to be had out there and many say the market is still under-valued.
By: Jason Thoele
 
Aug. 12, 2008 - PRLog -- And were off to a great start for the fourth quarter,

Here we are more than half way through the year and we are deffinitely gearing up for a busy fall season. There are some great deals to be had out there and many say the market is still under-valued. In July 2008 median home price sales in Bakersfield were $214,536. this represents a 32% decrease from July 2007´s median home sales price of $314,983. There were a total of 498 houses sold in the month of July 2008 which is a 157% increase from July 2008's sales, the highest price home sold for $1,150,000. and the lowest home sold was $31,000.

As for my team and I we are happy to report more positive news as well. 2007´s year to date numbers came in at 11 homes sold totaling $2,956,225., so far as of the end of July 2008, we are at 39 homes sold with a total of $7,804,520. which gives us a 264% increase in home sales so far this year!

The time to buy is now and there are still some great deals in Bakersfield but you need a local market expert to help you find just the right one. My team and I are experienced real estate professional´s who have several years of home buying and selling experience in the Bakersfield & Kern County area. For true local and knowledgeable service in the Bakersfield, CA real estate market, contact me directly at 661-444-7700.

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I am a Real Estate Agent proudly serving Kern County. Please visit my website, www.jasonthoele.com to search the MLS and find your dream home in Arvin, Bakersfield, Delano, Lamont, Shafter, Taft, Tehachapi and Wasco.
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Source:Jason Thoele
Email:Contact Author
Zip:93311
Industry:Real Estate
Location:Bakersfield - California - United States
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Jason Thoele, Watson Touchstone Real Estate PRs
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