You’ve got questions about Clovis, CA real estate, and you’re not alone … here are the answers to some of the most frequently asked questions … your Clovis real estate FAQ.
What is real estate?
Real estate, as defined by Investopedia, is “the land along with any permanent improvements attached to the land, whether natural or man-made — including water, trees, minerals, buildings, homes, fences, and bridges.”
It’s considered “real property” as opposed to “personal property,” which is not permanently attached to the land. Some examples of personal property would be vehicles, jewelry, furniture, etc.
Real estate can be residential, commercial, agricultural, or industrial in use.
What is the median home price in Clovis?
According to Realtor.com, the median home listing price in Clovis in April 2022 was $499,000. That’s up 17.4% over last year.
The median home sold price in April 2022 for Clovis was $650,000.
Also of note, Clovis homes sold for an average of 1.98% above asking price in April 2022.
What are some of the most popular neighborhoods in Clovis?
With its small-town feel and one of the best school districts in the nation, it’s hard to go wrong with a home in any part of Clovis. However, here are some highlights of a few of the popular neighborhoods, as defined by the City of Clovis master plans:
- Loma Vista — bordered by Bullard Avenue, Locan, Gould Canal, and McCall — is on its way to being an “environmentally-friendly neighborhood village” with residential areas joined by bicycle and walking paths, shared open spaces, and vibrant, activity-filled urban areas
- In Heritage Grove — bordered by Willow, Shepherd, Copper, and Sunnyside avenues — there’s a nod to the agricultural heritage of the area. And with its proximity to the Clovis North educational complex and Clovis Community College, this neighborhood is well-suited for families and active young adults.
- Harlan Ranch — bordered by Highway 168 and Shepherd and DeWolf avenues — is another popular neighborhood offering “resort style living,” including a community clubhouse, pool, and parks.
How many new listings are there in Clovis each month?
When this blog post was published, there were 212 homes listed for sale in Clovis. According to Redfin, Clovis homes sell after an average of just 7 days on the market, so many of these current homes for sale are new listings.
How many homes are sold in Clovis each month?
On average, there are about 235 homes sold in Clovis each month (based on a 2,810 total homes sold in the last 12 months as reported by Zillow).
Redfin reports that there were 115 Clovis homes sold in April 2022. That’s down from 147 sold in April 2021.
Looking to Buy or Sell a Home in Clovis?
If you’re looking to buy or sell a home in Clovis or the surrounding area, the Foxen Realty team is here to help!
Send us a message or call us at 559-490-0207 today to start the conversation.