Hello,

Attached are September’s Agent Metrics Report, the Fresno and Clovis Sales Tracking Google Sheet, detailed commentary, and a curated collection of real estate and finance articles. I trust these resources will provide useful insights to support your continued success.

Fresno and Clovis Real Estate Market Update: September 2025

Key Highlights:

• Median Sold Price: increased to $436,000 in September 2025, up from $435,000 in August 2025 (0.2299%).

• Homes Sold: 

• 463 homes sold in September 2025, down (-4.5361%) from 485 in August of 2025 (22 fewer homes sold in September than in August)

• 463 homes sold in September 2025, up (6.4368%) from 435 in September 2024 (28 more homes).

• Average Days on Market (DOM):

• September 2025: 36 days, down from August 2025.

• Homes with no price changes: 17 days.

• Homes with 1+ price changes: 65 days.

• Sales Price vs. Offer Price:

• Homes with no price changes: 101.2%.

• Homes with 1+ price changes: 93.6%.

• Median For-Sale Price: $441,750 vs. Median Sold Price: $436,000.

• Bank-Owned Properties: 4 sold in September 2025, with Other Real Estate Owned (OREO) sales up from 1 sold in August 2025.

• Pending Sales: In September 472 homes went under contract (versus 545 Pending Sales in August), signaling potentially more fewer closing in October than in September.

• New Listings: 597 new properties were listed for sale.

• Months’ Supply of Inventory (MSI): 2.5 months in September 2025, indicating a tight market.

Inventory Trends:

·  2025 Local MSI:

o   January: 2.7 (vs. NAR: 3.2)

o   February: 2.5 (vs. NAR: 3.0)

o   March: 1.9 (vs. NAR: 2.4)

o   April: 2.6 (vs. NAR: 2.4) 

o   May: 2.6 (vs. NAR: 2.8)

o   June: 2.5 (vs. NAR: 2.9)

o   July: 2.6 (vs. NAR: 2.6)

o   August: 2.1 (vs. NAR: 2.5)

o   September: 2.5 (vs. NAR: 2.6)

·  2024 Local MSI (for comparison):

o   January: 1.9 (vs. NAR: 2.6)

o   February: 2.1 (vs. NAR: 2.2)

o   March: 1.8 (vs. NAR: 1.8)

o   April: 2.0 (vs. NAR: 2.0)

o   May: 2.0 (vs. NAR: 2.2)

o   June: 2.4 (vs. NAR: 2.1)

o   July: 2.1 (vs. NAR: 2.0)

o   August: 2.1 (vs. NAR: 2.2)

o   September: 2.7 (vs. NAR: 2.6)

o   October: 2.4 (vs. NAR: 2.6)

o   November: 2.7 (vs. NAR: 2.5)

o   December: 2.7 (vs. NAR: 2.4)

Market Insight: 

The Fresno and Clovis housing markets continue to grapple with limited inventory, though supply is slowly increasing. With the Months’ Supply of Inventory at 2.5 months (up from August), the market remains competitive and continues to favor sellers. Pending sales and new listings suggest that sales activity in October will slightly decrease compared to September.

Commentary: Timing the Market – When to List and Buy in Fresno and Clovis:

Clients frequently ask me: "What's the best month to sell my home?" Most assume it's spring, when the weather warms and buyers emerge from hibernation. In my 24 years as a real estate professional, I've found that assumption only tells part of the story. Surprisingly, the fourth quarter—October through December—has consistently been one of my strongest periods for closings, often rivaling the spring rush. Factors like year-end bonuses, tax incentives, and holiday-driven relocations play a role, but the data speaks louder.

Data Source and Methodology
Data sourced from AgentMetrics® Fresno/Clovis Residential Sales Tracking. Averages exclude partial 2025 data to ensure consistency. All figures are rounded to the nearest whole number; minor discrepancies may arise from final MLS adjustments.

Monthly sales figures are drawn directly from the AgentMetrics® Fresno/Clovis Sales Tracking report, which captures closed residential transactions—including single-family homes and condominiums—spanning recent years. These reflect completed closings, typically following 30–45 days of market exposure prior to finalization. A detailed breakdown follows below.

Based on this non-scientific but data-driven analysis, the peak selling season runs from February through August, when monthly closings average 500+, driven by spring/summer momentum and steady inventory turnover. Conversely, September through January sees softer demand (averaging ~450–470 closings), making it a potentially advantageous window for buyers to negotiate and close with less competition.

Of course, the "best" time depends on your personal timeline, property type, and market conditions—like the tight 1.9 months' supply we saw in March 2025.

Articles/Interviews/Presentations/Books that may be of interest:

1. Runaway Insurance Costs Bring Back Talk of Price Caps

2. How to Choose the Right Volunteer Work in Retirement

3. New Housing Options Emerge for Older Americans

4. Thinking of Refinancing Your Mortgage? Three Goals to Consider First

5. Where Have All the Young Home Buyers Gone? Check the Stock Market

View the supporting statistics HERE

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