"In October, home prices rose slightly from the month before, with a median listing price of $426,500. The number of listings on the market grew 2.9% from last month, which is typical for this time of the year in Fresno, and homes are also selling slower than at the same time last year. Home prices in Fresno Typically, home price per square foot in Fresno tend to rise in October."
"Fresno inventory In October, there were 905 homes for sale in Fresno, which was 2.9% more than the month before and 24.4% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Fresno was 456, which was 14.0% more than the month before and 6.0% more than the same time last year. Nationally, the number of new listings fell by 2.7% from last month to 384,264."
"Time on market Homes in Fresno take an average of 51 days to sell, according to October figures. This is one day less than the previous month and nine days more than the same month last year. For comparison, nationally homes spent an average of 63 days on the market in October. Use the Realtor.com data portal to get more market data, broken down by state, metro or ZIP code. * Here's a live look at popular listings and recent home sales in Fresno, CA."
Median listing price in Fresno was $426,500 in October, reflecting a slight month-over-month increase. Listings on the market increased 2.9% month-over-month and were 24.4% higher than last year, with 905 active homes. Price per square foot in Fresno declined 0.5% from the previous month, compared with a 0.8% national decline. New listings in Fresno totaled 456, up 14.0% from last month and 6.0% year-over-year, while new listings nationally fell 2.7% to 384,264. Homes in Fresno averaged 51 days on market, one day faster month-over-month but nine days slower than a year earlier. National average time on market was 63 days.
Read at SFGATE
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