| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Southern Oaks | $165,000 | -18.5% | $3,194,000 | $202,500 | $236,500 | Bakersfield | $138,000 | -12.7% | $134,050 | $158,000 | $200,000 |
The median sales price for homes in Southern Oaks for Aug 09 to Oct 09 was $165,000. This represents a decline of 94.8%, or $3,029,000, compared to the prior quarter and a decrease of 18.5% compared to the prior year. Sales prices have depreciated 30.2% over the last 5 years in Southern Oaks, Bakersfield. The median sales price of $165,000 for Southern Oaks is 19.57% higher than the median sales price for Bakersfield CA.
Average listing price for homes on Trulia in Southern Oaks was $168,250 for the week ending Nov 18, which was unchanged compared to the prior week. and a decline of 31%, or $75,724, compared to the week ending Oct 28. Average price per square foot for homes in Southern Oaks was $96 in the most recent quarter, which is 9.09% higher than the average price per square foot for homes in Bakersfield.
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Southern Oaks | $96 | -11.9% | $105 | $109 | $131 | Bakersfield | $88 | -17.0% | $86 | $106 | $131 |
| Neighborhoods | Week ending Nov 18 |
w-o-w | Week ending Nov 11 |
Week ending Nov 4 |
|---|---|---|---|---|
| City in the Hills | 1 | +2 | 3 | 1 |
| Seven Oaks | 2 | -1 | 1 | 3 |
| Brighton | 3 | +30 | 33 | 10 |
| Silver Creek | 4 | — | 4 | 2 |
| Stockdale West | 5 | +6 | 11 | 6 |
| Olive Drive area | 6 | +17 | 23 | 9 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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