$6,650 Closing Credit*
$559,999
3,024 SqFt
5 Beds
•3 Baths
Anneke Crew, Listing Office: Real Broker
Is Clovis, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Clovis has remained a Seller's Market.
Key Takeaway
Clovis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clovis, CA
How much do homes in Clovis, CA cost?
Median Sold Price
$506,318
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,206(+4.4%)
Key Takeaway
Homes in Clovis have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Clovis was $506,318 in November 2024, up 4.4% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.5K | - | N/A |
| 2 Bedrooms | $355.2K | $377.9K | +6.4% |
| 3 Bedrooms | $421.5K | $440K | +4.4% |
| 4 Bedrooms | $589K | $594.6K | +1.0% |
| 5+ Bedrooms | $720K | $711K | -1.3% |
Summary: Clovis housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in Clovis, CA
How many homes are available in Clovis, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 418 | 385 | -7.9% |
Summary: The Clovis real estate market had 385 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 175 | 159 | -9.1% |
| 4 Bedrooms | 154 | 144 | -6.5% |
| 5+ Bedrooms | 68 | 65 | -4.4% |
Summary: The Clovis housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 4.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 83 | -17.0% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clovis, you may be able to get a good deal. 47% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Clovis in November 2024, down by 17.0% month-over-month. Of the 83 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Clovis, CA
How long does it take to sell a home in Clovis, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 33 Days | +55.2% |
Summary: Homes in Clovis had an average of 33 days on market in Nov 2024, up by 55.2% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clovis are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 83 homes were sold in Clovis; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.