Hello,

Attached are the Q1 2026 Agent Metrics Report (now provided quarterly), the updated Fresno and Clovis Sales Tracking Google Sheet, detailed commentary, and a 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: Q1 2026

Key Highlights:

• Total Homes Sold in Q1 2026: 1,163 single-family and condo homes closed across Fresno and Clovis (Jan: 325, Feb: 378, Mar: 460). This represents a strong +7.1% increase from Q1 2025 (1,086 homes) and continues the modest upward trend we saw throughout 2025.

• Median Sold Price: Ended the quarter at $425,000 in March 2026 (up from $410,000 in February and $415,000 in January). Quarter-over-quarter prices
  showed resilience despite seasonal winter softness.

• Average Days on Market (DOM): March 2026: 35 days (down from 42 in February and 47 in January). Homes with no price changes: averaged 22 days. Homes with 1+ price changes: averaged 73 days.

• Sales Price vs. Offer Price: Homes with no price changes: 99.5%. Homes with 1+ price changes: 94.2%.

• Median For-Sale Price (end of Q1): $445,000 vs. Median Sold Price: $425,000.

• Bank-Owned Properties: Minimal activity, with just 16 OREO homes sold in Fresno and Clovis through the Fresno MLS in Q1 2026.

• Pending Sales & New Listings (Q1 summary): Pending sales strengthened through the quarter, with March showing 460 under contract. New listings remained steady, supporting the gradual inventory build.

• Months’ Supply of Inventory (MSI): Ended Q1 at approximately 3.1 months (March data), indicating the market continues to slightly favor sellers while slowly loosening compared to the tighter conditions of 2024–early 2025.
  
  

Inventory Trends:

• 2026 Local MSI (through Q1): • January: 2.7 (vs. NAR: 3.2) • February: 2.5 (vs. NAR: 3.0) • March: 3.1 (vs. NAR: 2.5)

• 2025 Local MSI (for comparison): January: 2.7 | February: 2.5 | March: 1.9 (vs. NAR: 2.4)
  
  

Market Insight: Supply continues its gradual increase in the Fresno and Clovis markets. With MSI at 3.1 months at the end of Q1, the market remains competitive and slightly seller favorable. The uptick in closed sales and pending contracts through March signals solid momentum heading into the traditionally stronger spring season.

Commentary and Changes to my business: The Fresno and Clovis housing markets got off to a strong start in 2026. After a solid 2025 that closed with 5,304 total sales — a respectable +2.7% increase from 2024’s 5,187 — Q1 2026 already shows continued resilience with 1,163 closings, up more than 7% year-over-year.

On another note, my business partners Bryan Martin, Jennifer Martin, and Joanna Odabashian and I have decided not to renew our contract with Keller Williams. We are proud to announce that we are now the owners of Central California Real Estate Pros, an independent boutique brokerage.

We enjoyed our 17-year partnership with Keller Williams. However, with the new ownership in place, we felt the latest franchise agreement no longer aligned with the “Win-Win” philosophy that has long been one of KW’s core mantras. After careful consideration, we chose to go in a different direction.

We’re no strangers to independence. Many of you will remember my grandfather, Jack Chamberlin, who purchased Westland Realty in the mid-1970s. Our family worked together at Westland Realty until the spring of 2009. In many ways, we’re simply returning to our roots.

We’re excited for this new chapter and look forward to continuing to serve our clients with the same dedication and personalized service you’ve come to expect.

Please feel free to reach out with any questions, or just to say hello. We’d love to hear from you!

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

1. The Typical U.S. Home Is 44 Years Old—And Needs Tons of Work

2. Weak Home Sales Gets a Crucial Selling Season Off to a Bad Start

3. Surging HOA Fees Are Pushing Homeowners to the Brink
   
   
   
   
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