The Nazaroff Team's Market Report

Clovis, CA

Single-Family Homes

Brokered by eXp Realty | moreinfo@nazaroff.com | 559-432-8220



Clovis, CA

Sun May 29 2022
This week the median list price for Clovis, CA is $587,000 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has increased to 118. Click here to stay informed with the Clovis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Clovis, CA

Sun May 29 2022
This week the median list price for Clovis, CA is $587,000 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has increased to 118. Click here to stay informed with the Clovis market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Clovis market.
Median List Price $587,000
Median Price of New Listings $585,000
Per Square Foot $264
Average Days on Market 19
Median Days on Market 7
Price Decreased 23%
Price Increased 1%
Relisted 4%
Inventory 118
Median Rent
Market Action 94
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,100,000 3,270 0.25 - 0.5 acre 4 3 19 9 8 21
$649,999 2,620 8,000 - 10,000 sqft 4 3 21 15 7 7
$539,450 2,035 6,500 - 8,000 sqft 3 2.5 16 15 7 0
$412,499 1,520 4,500 - 6,500 sqft 3 2 34 13 15 7