Here are the statistics for November 2007 in Fresno.
Homes Sold November 2007: *213
Average days on the market: 79
Median Sale Price: $255,00
The highest median sales price was in June of 2006 when prices peaked at $314,000. since then prices have fallen approx 19%
As of today our MLS is showing 3829 listings of Single Family Residences, Condos, and PUDs in the cities of Fresno and Clovis.
In the last 12 months the average number of units sold per month is 313 which put current inventory at about 1 yeart to absorb.
*SFR, Condos, Puds in Fresno and Clovis