Fresno House Prices

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The Fresno Bee. “Home prices in the Fresno area have plunged below the national average. The median price of sold houses in December in Fresno and Clovis was $154,000, a 39.6% decline from a year previously, said Jared Martin, president of the Fresno Association of Realtors. Pending sales — transactions that hadn’t closed — carried a median price of $144,840.”

“‘We’re below the national average [of $181,000], and we are in California, not Nebraska,’ said Patrick Conner, owner of one of Fresno’s largest residential real estate firms.”