Jason Farris

Fresno, CA

Single-Family Homes

CADRE #01999186



Fresno, CA

Sun Dec 10 2023
This week the median list price for Fresno, CA is $435,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 554. Click here to stay informed with the Fresno market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Fresno, CA

Sun Dec 10 2023
This week the median list price for Fresno, CA is $435,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 554. Click here to stay informed with the Fresno market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fresno market.
Median List Price $435,000
Median Price of New Listings $415,000
Per Square Foot $252
Average Days on Market 73
Median Days on Market 49
Price Decreased 34%
Price Increased 5%
Relisted 13%
Inventory 554
Median Rent
Market Action 46
Strong Seller's Market

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
$798,997 2,942 0.25 - 0.5 acre 4 3 33 13 13 70
$495,000 2,047 6,500 - 8,000 sqft 4 2.3 30 22 11 49
$389,950 1,520 4,500 - 6,500 sqft 3 2 48 21 26 42
$295,000 1,166 6,500 - 8,000 sqft 3 1 74 25 32 35