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Andrew Frausto

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Bakersfield Market Report

$411,561

AVERAGE PRICE OF 1,684 HOMES

$1,501,383

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$494,842

AVERAGE PRICE OF 282 NEWLY BUILT HOMES

$562,702

AVERAGE PRICE OF 321 HOMES WITH A POOL

$398,941

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price	$411,561
Avg Bedrooms	3.42 beds
Avg Bathrooms	2.2 baths

Average Price by Bedrooms

1 bedroom	$138,939
2 bedrooms	$222,676
3 bedrooms	$357,549
4 bedrooms	$497,451
5 bedrooms	$562,436

Bakersfield Home Price Trends

	9/2022	8/2022	7/2022	6/2022	5/2022
Total Listings	1,728	1,810	1,800	n/a	n/a
Average Price	$418,542	$425,705	$416,017	n/a	n/a
Avg Price Change	-1.71%	+2.33%	n/a	n/a	n/a
Median Price	$388,062	$390,816	$389,838	n/a	n/a
Med Price Change	-0.71%	+0.25%	n/a	n/a	n/a
Avg Bedrooms	3.41 beds	3.42 beds	3.42 beds	n/a	n/a
Avg Bathrooms	2.19 baths	2.21 baths	2.21 baths	n/a	n/a

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Centennial	155	$497,420	64 days
Highland	157	$463,105	71 days
Liberty	146	$594,952	58 days
North	156	$275,183	63 days
Ridgeview	159	$420,225	61 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,684	$411,561	64 days
Multi-Million Dollar Homes	27	$1,501,383	64 days
Newly Built Homes	282	$494,842	94 days
Homes with a Pool	321	$562,702	50 days
Reduced Price Homes	101	$398,941	44 days

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of October 1, 2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021.