These are the current statistics for the Bakersfield luxury home market
There are currently 128 listings in the Bakersfield MLS area. Of the 128 listings, there are 13 short sales and 1 bank owned property. The luxury market in this area is defined for ease as 500k and above. The highest priced listing is $2.295 million and there are 7 listings over $1.5 million. The average size of the luxury priced home is 3893 sq. ft. for an average of about $200/sq ft. The Bakersfield luxury market is broken down in the various zip codes
93301=1.......Oleander area
93306=11.....Bakersfield Country Club, Rio Bravo
93308=9....Georgia Dr., Round Mountain Rd areas
93309=5.....Stockdale Estates, Old Stockdale
93311=35...Seven Oaks, Haggin Oaks
93312=14....Brimhall Classics, Trinity, Brighton Estates
93314=25...Talladega, Silverado Estates, Legacy Estates, Landmark Estates, Masterpiece Estates areas
These are the active listings in Metro Bakersfield, the rest are out of the immediate city.
There have been 37 luxury properties sold in the last 6 months and 20 in the last 3 months. The highest priced sold property was in the Old Stockdale region.(93309) for $1.55 million. Compared to last year, there were 54 properties sold by now. If you would like to search or look for properties on our website, feel free to go to www.mymajesticproperties.com or call ask questions via email btipton@kw.com
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