October 2024 Real Estate Report

Homes For Sale
177 Total
Homes For Sale
Homes added
94 Homes
Added to the Market
Homes For Sale
58 Homes
Sold
Compared to Previous Month
-9%
Fewer Homes For Sale
home chart
-19%
Fewer Homes Sold
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Last month in October, housing in Bakersfield, CA ended with 94 homes being added to the market for sale, for a cumulative monthly total of 177 homes for sale - down -9% compared to September. Bakersfield, CA had a total of 58 homes sold for the month - down -19% from the month prior.

Detached led the way in homes sold with a total of 56 - down -16%, while attached totaled 2 in closed sales - down -100% from the month of September. The number of detached properties sold under 1500 square feet totaled 23 for the month of October, while homes from 1500 to 2000 square feet recorded 15 sales and homes sized from 2000 to 2500 square feet had 9 sales. While homes from 2500 to 3000 square feet square feet recorded 5 homes sold and homes from 3000 to 3500 square feet had 2 sales and homes from 4000 to 4500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 1 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Bakersfield, CA?
May:
75 Homes Sold
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The last 12 month period for the city of Bakersfield, CA shows that the greatest number of homes were sold during the months of May 2024, June 2024 and September 2024. The months of May 2024, June 2024 and September 2024 had 75 - 65 and 69 homes sold, respectively, as compared to an average of 59 for the other months of the year.

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When do homes sell the fastest in Bakersfield, CA?
April:
21 Days On Market
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The last 12 month period for the city of Bakersfield, CA shows that homes sold the fastest during the months of April 2024, July 2024 and September 2024. The months of April 2024, July 2024 and September 2024 had 21 - 23 and 23 days on market, respectively, as compared to an average of 30 for the other months of the year.


Average Price Of Homes Sold In Bakersfield, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Bakersfield, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Bakersfield, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202450536459756564646958 - - 621
2023452953434343525492896260665
2022382443484553625541533541538
2021372745374641404144483162499
2020225324201224253432463443369
2019132323173024252524281224268
2018131424202722221816311326246
201710716191318121618141323179
Average Days On Market (DOM) In Bakersfield, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202429263021253623262336 - - 28
202333334030382023251718283028
202226181222221615272930352223
202114383626201312121321292622
202055333242181933221816232128
201930544428483528373742566942
201860295432533844484636404844
201740229554702744403229345946
Average Days From List To Close Of Escrow In Bakersfield, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024747478746610268657280 - - 75
202383938584936972745960697176
202271745563636152667777747167
2021708510185715972536978837875
202011495100927964113726272888486
201998978980957910587129958211896
201813210810574969899951039611385100
2017137591531011667912992847956122105
Number of homes added to the market in Bakersfield, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024937210291919511410410294 - - 958
202347516341816680246931007831977
2022324556436181585264474629614
2021373043474051543846423928495
2020227016233027403940444324418
2019212430163922202924202213280
2018272931171618212917272011263
20179141220121614211717185175