Top Large Teams in Bakersfield, California – Ranked by Volume
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2022 Market Summary
Bakersfield, California started 2022 with a total of 262 single-family homes on the market, with a median home price of $399,450 and an average price per square foot of $238. By the end of the year, inventory had increased to 698 homes on the market (+166%), with a median home price of $419,990 (+5%) and an average price per square foot of $229 (-3%).
At the start of 2022, the median days on market (DOM) was 21 days – by the end of the year, median DOM had increased to 70 days.
Bakersfield started the year with 17% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 41% of Bakersfield homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Bakersfield started 2022 as a strong seller’s market, with an MAI score of 86; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.
This market summary is powered by Altos Research – click here to run a free report for your area.
Latest Posts
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin HW+
Sep 28, 2023A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
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United Real Estate CEO on minding the value gap for franchisees HW+
Sep 28, 2023 -
Compass nabs Quinn & Co. Realty Group in Madison HW+
Sep 28, 2023 -
Top indie brokerage Realty Austin joins Compass, adding 600+ agents HW+
Sep 28, 2023 -
Actually Agents joins The Broke Agent within BAM HW+
Sep 28, 2023 -
NAR staffers demand resignation of Bob Goldberg, other leaders HW+
Sep 28, 2023
Housing Market News
Non-white homebuyers feel discrimination despite laws against it: Redfin HW+
Sep 28, 2023More than one-third (36%) of Hispanics and 32% of Blacks reported facing discrimination when searching for a home.
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Pending home sales fell 7.1% in August HW+
Sep 28, 2023 -
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin HW+
Sep 27, 2023 -
LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market HW+
Sep 27, 2023 -
DataDigest: Today’s homebuyers are seeking affordability not found in the West HW+
Sep 27, 2023 -
US housing market is now worth a record $52 trillion: Zillow HW+
Sep 27, 2023
Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Bakersfield News
Amid rising housing costs, prospective homebuyers are looking to relocate: Redfin HW+
Sep 28, 2023A record 26% of homebuyers are looking to move to a different part of the country, up from 24% a year ago and 19% before the pandemic began, a Redfin report found.
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RE/MAX Proper acquires indie brokerage All Nations HW+
Sep 06, 2023 -
Compass expands NorCal operations HW+
Aug 16, 2023 -
SoCal indie brokerage Dilbeck Real Estate merges with Engel & Völkers HW+
Aug 02, 2023 -
Insurance carrier exodus rattles California and Florida housing markets HW+
Jul 25, 2023 -
Berkshire Hathaway HomeServices expands agent benefit program HW+
Jul 14, 2023 -
Christie’s Sereno snags top performing agents HW+
Jul 13, 2023 -
Top Bay Area agent Tracy McLaughlin returns to The Agency HW+
Jun 14, 2023