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What homes sold for now, and then
| Saturday, Mar 29 2008 12:00 PM
Last Updated: Monday, Mar 31 2008 10:55 AM
Each month, it's the same story. Bakersfield's median home price - the point at which half the homes sell for more and half sell for less - keeps trending downward.
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In February, Bakersfield’s median home price was at $240,000, a 14.7 percent decline from the same month in 2007, according to the California Association of Realtors.
Bakersfield residential appraiser Gary Crabtree came up with a similar median figure of $238,450 for February — a 20 percent decline from the city’s peak median price of $298,601 in September 2006.
So what’s really selling out there? And what did those homes sell for in the past?
A random selection of five homes that sold in Bakersfield during the first week of February offers a peak at how home values are shifting, and what’s selling today. Click on each of the related stories to the left to see the homes and their history.
Source: First American Real Estate Solutions, Kerndata.com, Kern County Recorder’s office