Big Valley, Big Value

California’s Central Valley region continues to offer excellent real estate investing opportunities. As this infographic illustrates, home prices continue to rise in the 3 primary San Joaquin Valley real estate markets — Fresno, Clovis, and Visalia. Fresno is up 6.1% in 2015, Clovis is up 4.9%, and Visalia is up an incredible 7.8%. Median home values continue to list highest in Clovis with an average listing of $283,200 on the market. Homes sales continue to remain strong as well, with an average increase of 16% per year. Monthly sales are up by 2.5% which is the highest level in 7 years. And perhaps the most exciting detail: the majority of home listings are receiving multiple offers throughout the Central Valley. Clearly real estate is still a great investment in California’s heartland region. Both local and out-of-state buyers can take this news in stride as the road ahead looks very good for Fresno, Clovis, and Visalia real estate.