Top Medium Teams in Fresno, California – Ranked by Volume
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Rank – City Volume | Team Name | Company | Location | Volume | Profile |
---|---|---|---|---|---|
1 | JMA | Keller Williams | Fresno, CA | $26,245,262 | View Profile |
2023 Fresno, California Housing Market Summary
Fresno, California started 2023 with a total of 535 single-family homes on the market, with a median home price of $409,900 and an average price per square foot of $252. By the end of the year, inventory had decreased to 520 homes on the market (-2%), with a median home price of $430,000 (+4%) and an average price per square foot of $277 (+9%).
At the start of 2023, the median days on market (DOM) was 56 days – by the end of the year, median DOM had remained the same at 56 days.
Fresno started the year with 40% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 28% of Fresno homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Fresno started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.
This market summary is powered by Altos Research – click here to run a free report for your area.
Real Estate News
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Housing Market News
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Nov 04, 2024NAR reports that the median age of homebuyers has peaked, with first-time buyers at 38 years old and repeat buyers at a whopping 61 years old.
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Agent News
Real estate agent commissions are holding steady, except at this price point
Oct 31, 2024Redfin data shows the average commission between August and October has dropped 1 basis point to 2.34%, but on homes sold for $1 million or more, the average rate has fallen 13 basis points to 2.11%
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AgentCoach.AI is deploying bots to train real estate agents
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CRMLS, Bright MLS team up to offer reciprocal access to home listings
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Real estate execs launch coaching platform with an eye for helping fellow women
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New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees
Oct 28, 2024 -
Could the NAR settlement be a blessing in disguise for VA buyers?
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Are agent commissions up or down? It depends on who you ask
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D.C. Attorney General takes action against another title firm over alleged kickbacks
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