Is Clovis, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clovis has remained a Seller's Market.
Housing Prices in Clovis, CA
How much do homes in Clovis, CA cost?
Median Sold Price
$499,911
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clovis was $499,911 in April 2024, up 4.1% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $234.5K | +2.0% |
2 Bedrooms | $342.4K | $356.4K | +4.1% |
3 Bedrooms | $420.2K | $430.7K | +2.5% |
4 Bedrooms | $588.7K | $605K | +2.8% |
5+ Bedrooms | $750K | $720K | -4.0% |
Summary: Clovis housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 4%.
Housing Supply in Clovis, CA
How many homes are available in Clovis, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
328 | 342 | +4.3% |
Summary: The Clovis real estate market had 342 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 14 | -26.3% |
3 Bedrooms | 154 | 144 | -6.5% |
4 Bedrooms | 115 | 136 | +18.3% |
5+ Bedrooms | 39 | 47 | +20.5% |
Summary: The Clovis housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
93 | 88 | -5.4% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Clovis in April 2024, down by 5.4% month-over-month. Of the 88 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 31 Days | -2.2% |
Summary: Homes in Clovis had an average of 31 days on market in Apr 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 88 homes were sold in Clovis; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.