Bakersfield Real Estate Market Update – August 2025

Bakersfield Real Estate Market Update – August 2025

The Bakersfield housing market is shifting, and if you’re thinking about buying or selling, now is the time to pay attention. August’s numbers are in, and they tell a story: more homes are hitting the market, price reductions are climbing, and builders are pulling out all the stops to win buyers.

Let’s dive into what’s happening right now in Bakersfield, California.

Where We Stand Right Now in Bakersfield

As of August 2025:

• 🏡 Total Homes on the Market: 1,040

• 📊 Average Days on Market: 37

• 💰 Average Sold Price: $420,000

• 📐 Average Price Per Sq.Ft.: $236

• 📈 New Listings (Last 5 Days): 126

• 💲 Price Reductions (Last 5 Days): 90+

These numbers point to one clear fact: buyers have more options than they did just a few months ago.

The Shift to a Buyer’s Market in Bakersfield

More inventory and frequent price reductions mean buyers now have the upper hand. Here’s why:

• More homes are available, giving buyers plenty of choices.

• Price reductions are happening more often — and they’re bigger.

• Strong competition from builders is driving up buyer incentives.

• Buyers can negotiate for better pricing and extras like closing cost help or upgrades.

If you’ve been on the fence about buying, this is the kind of market you’ve been waiting for.

Selling in This Market? You’ll Need the 3 P’s

If you’re a seller in Bakersfield right now, you can still win big — but you’ll need the right strategy from day one:

1. Pricing – Start competitive from the moment you list.

2. Presentation – Staging, professional photos, and video marketing make your home stand out.

3. Promotion – Strategic exposure to get in front of serious buyers fast.

The right combination of the 3 P’s can help you stand out, even in a crowded market.

Why Builders Are Winning Buyers

Builders in Bakersfield are stepping up their game with perks that resale sellers can’t always match, including:

• Closing cost help and rate buydowns — often up to 6% for FHA buyers

• Owned or discounted solar

• Competitive pricing that rivals resale homes

Example: One recent buyer received over $27,000 from the builder and only needed to bring in their down payment. That’s a major affordability boost.

What This Means for You

Whether you’re buying or selling in Bakersfield, success comes down to having the right game plan. Buyers can score better deals and incentives than we’ve seen in months. Sellers can still secure great offers — with the right pricing, presentation, and promotion strategy.

Let’s Talk About Your Next Move
I’m Monique Diaz, your local Bakersfield real estate specialist. I help buyers and sellers navigate our market with a clear strategy and a personal touch — and I know how to make this shifting market work in your favor.

📞 Call or Text: 661-304-6078
📧 Email: moniquediazrealtor@gmail.com