Over 420,522 people are living in Bakersfield, making it the #9 most populated city in California. According to Norada, Bakersfield has one of the steadiest real estate markets in the nation. Its average annual appreciation rate of 23.78% is among the highest in the United States, making it an excellent place for short-term investments. Completed homes sell for around $219 to $231 per square foot in as little as 24 days. The top 3 locations near the city’s business and entertainment hub are Seven Oaks at Grand Island, Olde Stockdale, and Downtown Bakersfield. Anything to ask? These top-rated Realtors® can provide all the answers.
