$8,194 Closing Credit*
$690,000
3,614 SqFt
4 Beds
•3 Baths
Maria Luisa De Pano, Listing Office: Bonaventura Group and Real Estate Inc.
Is West Fresno, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, West Fresno has remained a Seller's Market.
Key Takeaway
West Fresno is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Fresno, CA
How much do homes in West Fresno, CA cost?
Median Sold Price
$397,250
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$7,250(+1.9%)
Key Takeaway
Homes in West Fresno have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in West Fresno was $397,250 in August 2024, up 1.9% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $307K | $280K | -8.8% |
| 3 Bedrooms | $374K | $360K | -3.7% |
| 4 Bedrooms | $415.2K | $450K | +8.4% |
| 5+ Bedrooms | $524.1K | $535K | +2.1% |
Summary: West Fresno housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Fresno Chandler Executive Airport | $230K | $273.7K | +19.0% |
| Fresno High-Roeding | $301.1K | $325K | +7.9% |
| Tower District | $315K | $335K | +6.3% |
| West Fresno | $390K | $397.2K | +1.9% |
Housing Supply in West Fresno, CA
How many homes are available in West Fresno, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 113 | 120 | +6.2% |
Summary: The West Fresno real estate market had 120 homes for sale in August 2024, a 6.2% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 11 | +22.2% |
| 3 Bedrooms | 55 | 53 | -3.6% |
| 4 Bedrooms | 36 | 44 | +22.2% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The West Fresno housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 32 | 27 | -15.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Fresno, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in West Fresno in August 2024, down by 15.6% month-over-month. Of the 27 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for West Fresno, CA
How long does it take to sell a home in West Fresno, CA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 14 Days | 29 Days | +110.0% |
Summary: Homes in West Fresno had an average of 29 days on market in Aug 2024, up by 110% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Fresno are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 27 homes were sold in West Fresno; 59% of homes were sold within 30 days, 33% 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.