Based on the price per square foot of sales in Kern County, from Kerndata.com, we are down almost 8% in the last 5 months. Also, prices are now back to Summer 2005 levels.
Average Price Per Sq. Foot. by MonthThe following data is a historic representation of average price per square foot for single family residences sold between July 1994 and September 2006 in Kern County. While average home price is an interesting barometer, price per square foot is more accurate in determining sales trends.
Friday, November 24, 2006
Posted by Bakersfield Bubble at 1:26 PM