Average Price per square foot is a more normalized indicator on the direction of property values. November 2022 sold price per sqft of $228 was down 4.6% from Last months price of $239 per sqft,,, this is indicating Depreciating values in home values.
Months of inventory – A lower amount of months of inventory is more beneficial to sellers. While a higher months of inventory is better for buyers. As you can see in the year from January 2022 to November 2022 the amount of inventory has increased. The November 2022 Months of Inventory based on closed sales …
Fresno Single Family Homes -January 2022 to November 2022 Months of Inventory Read More »
The Red Trendline shows the Average price Sold (Single Family Residences only , Fresno MLS). The Green Trendline shows the average price (single family homes in Fresno) for sale (Listed Price) – 1. The average (November) “For Sale Price” was $470,000 the same as last month 2. The average (November) “Sold Price” was $411,000 down …
Fresno Single Family Homes – November 2022 Average Price Listed Vs Average Price Sold Read More »
