Happy February! Yr, to Yr. Update,Prop. 13 Vote Yes or No??

Happy February!

Proposition 13 Info below.

Well, friends, what is happening in the local 

real estate market?How Did we do this past year?

Well, this is a how much each of these markets 

rose in 2019.

Fresno market rose approx. 4.5% in 2019.

Still healthy considering how much values have

risen in the last few years. 
Clovis market. Up Approx.3.5% for the year.

Madera market is well. Up over 6.9%. Again,Partly
fueled by all the higher priced new construction 
in the Hwy 41 corridor.  

Overall, the local real estate continues to rise 
in value. 
Below are the January sales info.

(All information garnered from 

the Fresno Multiple Listing Service)

ACTIVES. Presently, in the FRESNO market is 612 
active homes.
32% decrease of inventory since 2018.
In CLOVIS, 247 homes are active. Decrease of 27%.

MADERA area. Active homes are 200. 23% decrease. 

The January avg. sales price in the FRESNO area 
in was $290,876.There were 359 sales. 

The median sales price rose to $260,000. 
Days on Market 48.

CLOVIS area. Jan. The average sales price 

was $359,953. 156 sales.The median sales 
price was $368,940,000. Days on Market 21. 

MADERA, Jan. Average sales price 

$317,501. 127 sales. Median was $290,000.
Days on Market 36.

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

Overall, with the Central Valley weather,  the 
overall local market remains healthy.

Contact me for your real estate needs.

Prop. 13. My office is encouraging a NO Vote

on Prop. 13: Please see link:

https://rem.ax/37gD728

Have a great Valentine's Day!

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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