"Here's an article on our national market, but locally, we are having a slightly different experience. August sales were up 9.3% from last year and 18.9% from 2 years ago. Our inventory throughout the Central Valley, however, continues to tighten. According to the Fresno MLS, we had 23.4% fewer homes for sale in August than 1 year ago, however, that trend is slowing as August was down only 1% from July of this year. We also have had a higher increase in our median sales price: up 9.3% to $235,000 year over year. Our market is moving, let's take advantage of it."
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Patrick Conner
President
London Properties, Ltd.
