With the Inventory where it is at now these Cities have now become a Sellers Market, as you can see above homes are selling and the choice for a bargain is getting smaller, Things have changed, it is the old saying Supply and Demand, there is more demand now and less supply, which means only one thing, prices will and are starting to go the other way.
1. Homes listed in March:
Fresno 557 an Increase of 25.13% over last month.
Clovis 136 an Incresae of 18.38% over last month.
2. Homes sold in March:
Fresno 542 an Increase of 12.17% over last month.
Clovis 128 an Increase of 18.75% over last month.
3. Number of Active homes on the Market as of 04-01-10:
Fresno 1340 an Increase of 8.58% over last month.
Clovis 391 an Increase of 6.39% over last month.
4. Number of REO's on the Market
Fresno 258 an Increase of 3.08% over last month.
Clovis 71 a Decrease of 7.79% over last month.
5. Number of Short Sales on the Market
Fresno 372 an Increase of 15.05% over last month.
Clovis 71 a Increase of 5.63% over last month.
6. Number of Homes under $100,000
Fresno 247 an Increase of 15.78% over last month.
Clovis 4 No change over last month.
Thursday, April 1, 2010
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