Jason Farris

Fresno, CA

Single-Family Homes

CADRE #01999186



Fresno, CA

Thu Mar 23 2023
This week the median list price for Fresno, CA is $410,000 with the market action index hovering around 52. This is an increase over last month's market action index of 47. Inventory has decreased to 375. 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

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.

Fresno, CA

Thu Mar 23 2023
This week the median list price for Fresno, CA is $410,000 with the market action index hovering around 52. This is an increase over last month's market action index of 47. Inventory has decreased to 375. 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

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 Fresno market.
Median List Price $410,000
Median Price of New Listings $399,900
Per Square Foot $235
Average Days on Market 70
Median Days on Market 35
Price Decreased 34%
Price Increased 3%
Relisted 15%
Inventory 375
Median Rent
Market Action 52
Strong Seller's Market

The market appears to be 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
$705,000 2,922 0.25 - 0.5 acre 4 3 32 10 10 63
$459,385 1,979 6,500 - 8,000 sqft 3 2 29 15 22 42
$369,900 1,552 6,500 - 8,000 sqft 3 2 47 13 28 28
$265,000 1,236 6,500 - 8,000 sqft 3 1.8 71 15 20 28