Jason Farris

Clovis, CA

Single-Family Homes

CADRE #01999186



Clovis, CA

Thu Mar 23 2023
This week the median list price for Clovis, CA is $499,925 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 132. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Clovis, CA

Thu Mar 23 2023
This week the median list price for Clovis, CA is $499,925 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 132. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Clovis market.
Median List Price $499,925
Median Price of New Listings $472,213
Per Square Foot $261
Average Days on Market 76
Median Days on Market 35
Price Decreased 27%
Price Increased 5%
Relisted 12%
Inventory 132
Median Rent
Market Action 52
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$799,000 2,856 0.25 - 0.5 acre 4 3 23 4 3 98
$560,000 2,456 8,000 - 10,000 sqft 4 3 21 6 6 35
$450,000 1,800 4,500 - 6,500 sqft 3 2 28 6 3 49
$390,000 1,454 0 - 4,500 sqft 3 2 30 9 6 14