Jan.'19 update,Did Values Rise in 2018? Who are you rootin' for?

Hi Friends- Start of a New Year! The NFC
& AFC Football championships this Sunday!

Winners go to Super Bowl LIII.

                 

Which teams are you rooting for? 

I hope your teams wins.Super Bowl should be 

good!

Well, friends, what is happening in the local 

real estate market?How was last year?

Well, this is a how much each of these markets 

rose in 2018.

Fresno market ended up 3 percent higher in 2018.

After a dramatic rise, then a dip in the middle of 
the year, as commented in my July post,the 
market remained stable. Slight rise.
Clovis market continues to be strong. Up Approx. 
9% for the year.

Madera market is well. Up over 14%. Partly fueled 

by all the higher priced new construction & 
desirable schools.Overall, the local real estate 
continues to rise in value. 
Below are the December sales info.

(All information garnered from 

the Fresno Multiple Listing Service)

ACTIVES. In the FRESNO market is 904.
increase of over 27% Since December of last year.
In CLOVIS, 247 homes are active. Up 27% as well.

MADERA area. Active homes are 200. Up a little. 

The avg. sales price in the FRESNO area in 

was $279,853.There were 469 sales. 
The median sales price rose to $255,000. 
Days on Market 35.

CLOVIS area. Dec. The average sales price 

was $359,953. 103 sales.The median sales 
price was $335,000. Days on Market 53. 

MADERA, Dec. Average sales price 

$266,538. 39 sales. Median was $260,000.
Almost 50% drop in sales from October '18.
Probably seasonal for Madera area.

--------------------------------

To reiterate, the overall local market remains

healthy.

Contact me for your real estate needs.

Many Blessings!

Derek Monreal

Realtor

7050 N. Fresno St., #204

Fresno,CA 93720
Direct:559-349-0296
E-mail address: derek@derekmonreal.com

Website:(www.derekmonreal.com)

       

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"I Donate over 10% to Charity"

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