Local Real Estate News.

The median sales price for homes in ZIP code 93555 in Ridgecrest from Feb 11 to Apr 11 was $132,032 based on 111 sales. Compared to the same period one year ago, the median sales price decreased 13.1%, or $19,968, and the number of sales decreased 10.5%. Average price per square foot for homes in 93555 was $88, a decrease of 7.4% compared to the same period last year. There are currently 209 resale and new homes in ZIP code 93555 on Trulia, including 195 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 93555 was $185,547 for the week ending May 23, which represents a decrease of 3%, or $5,656, compared to the prior week.

The median sales price for homes in ZIP code 93555 for Jan 11 to Mar 11 was $135,000. This represents a decline of 6.6%, or $9,500, compared to the prior quarter and a decrease of 6.2% compared to the prior year. Sales prices have depreciated 27% over the last 5 years in 93555, Ridgecrest. The median sales price of $135,000 for 93555 is 0.00% higher than the median sales price for Ridgecrest CA. Average listing price for homes on Trulia in ZIP code 93555 was $202,645 for the week ending Apr 20, which represents an increase of 2.1%, or $4,243 compared to the prior week and an increase of 1.3%, or $2,673, compared to the week ending Mar 30. Average price per square foot for homes in 93555 was $91 in the most recent quarter, which is 0.00% higher than the average price per square foot for homes in Ridgecrest.

The median sales price for homes in ZIP code 93555 in Ridgecrest from Dec 10 to Feb 11 was $140,878 based on 125 sales. Compared to the same period one year ago, the median sales price decreased 1.3%, or $1,872, and the number of sales increased 9.6%. Average price per square foot for homes in 93555 was $89, a decrease of 1.1% compared to the same period last year. There are currently 164 resale and new homes in ZIP code 93555, including 195 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 93555 was $180,783 for the week ending Mar 16, which represents an increase of 1.6%, or $2,851, compared to the prior week.