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MoneyTalks - > Money Talks -> From cheap to pricey, here's what homes are selling for now
From cheap to pricey, here's what homes are selling for now

Our latest home sales map is ready for a peek.

No need to grab a map to find Twin Falls Drive and Little Falls Court (homes on those streets recently sold.) We’ve done the work for you.

The map is updated with homes that sold in Bakersfield April 7 to 13, color-coded by sales price.

We regularly publish single-family home sale transactions that occurred between individuals. Since foreclosures, or bank-owned properties, now account for an increasing number of weekly sales, sales between banks and individuals are now being included.

Check out what homes are going for with the information from First American Real Estate Solutions compiled by reporter Vanessa Gregory.

Highlights for April 7 to 13:

• 76 homes are new on this map.

• Priciest? One sold for $965,000 in the 93311 ZIP code. (It was 4,972 square feet.)

• Cheapest? One sold for $80,000 in the 93301 ZIP code. (It was 1,683 square feet.)

What do you think of the prices?

— Christine Peterson

Posted in the Business & Finance interest group.
Topics: home sales map, economy, housing, Real Estate
posted by MoneyTalks on Tuesday, May 27, 2008 at 12:53 PM
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posted by jbaldwin on May 27, 2008 at 01:11 PM

Like a moth to a flame, I am addicted to these home sales maps every week. It's like self-torture. I bought my house in Oleander in 2005 for $235,000 (2 br, 1 ba, 1271 sq ft). Sadly, the closest comp that sold this week went for $135,000 (2 br, 1 ba, 925 sq ft). Let the tears flow.


posted by Shwaine on May 27, 2008 at 08:03 PM

Jennifer, I'll join you in that weaping. My house is down about 100k too, although nothing very nearby has sold for months except a foreclosed home at the end of the block that looks like it finally sold (at least someone is now watering and mowing the lawn). It's not showing up on the maps though. Maybe the bank is just spiffing it up for the next auction.

posted by witterpitters on May 27, 2008 at 09:02 PM

Me too.................pass the kleenex box!

posted by anglo1 on May 27, 2008 at 09:52 PM

Jennifer I'm sure you have heard this before but I will repeat it anyway.  If you bought your home because you loved it and planned on staying there for a few years and if the payment is comfortable. Don't worry about it.  It won't help you or the price situation.  Be grateful you have a nice home in a great neighborhood.  That home would probably rent for nearly the payment amount so I think you're going to be fine.

posted by Shwaine on May 27, 2008 at 11:09 PM

Anglo, that's basically what I tell myself every time I see the current house prices. I mentally list off all the positives of the house and neighborhood. I remind myself that the payment is fixed and affordable. And then I cheer myself up by reminding myself that the county said back in late winter that they'll reassess recently sold properties and potentially lower the property tax bills for the coming tax year. Then I stop before I feel too much like a skit in SNL's Daily Affirmations.

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