Jason Farris

Fresno, CA

Single-Family Homes

CADRE #01999186



Fresno, CA

Tue Jul 01 2025
This week the median list price for Fresno, CA is $448,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 737. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Fresno, CA

Tue Jul 01 2025
This week the median list price for Fresno, CA is $448,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 737. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fresno market.
Median List Price $448,500
Median Price of New Listings $424,900
Per Square Foot $263
Average Days on Market 74
Median Days on Market 35
Price Decreased 35%
Price Increased 2%
Relisted 7%
Inventory 737
Median Rent
Market Action 49
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
$759,900 2,815 0.25 - 0.5 acre 4 3 29 31 24 49
$499,000 1,962 6,500 - 8,000 sqft 3 2 30 22 38 35
$399,900 1,583 4,500 - 6,500 sqft 3 2 48 30 38 21
$305,000 1,137 6,500 - 8,000 sqft 3 1.3 74 32 37 42