Here is a Fresno California real estate market update for May 18, 2023:
The median home price in Fresno is $370,000, trending down -1.3% year-over-year.
The median listing home price per square foot is $236.
The median home sold price is $365,000.
Homes in Fresno sell after an average of 59 days on the market.
The trend for median days on market in Fresno has gone up since last month, and slightly up since last year.
The housing market in Fresno is somewhat competitive. Homes in Fresno receive 2 offers on average and sell in around 24 days.
The median sale price of a home in Fresno was $380,000 last month, up 2.7% since last year.
The median sale price per square foot in Fresno is $233, down 2.5% since last year.
Overall, the Fresno real estate market is still experiencing a decline in median sold prices compared to last year. However, the market is still somewhat competitive, with homes receiving multiple offers and selling in a relatively short amount of time.
