HAROLD PENNER: Fresno Real Estate Market Analysis2010 Hot Real Estate Deals!
lot of my buyers interested in newer homes are being lured by the prices
of Fresno homes along the Highway 99 corridor. New communities sprang
up along the 99 during the housing boom of 2005 and 2006 and now with so
many homeowners defaulting on their loans, there are some excellent
buys in the area. Clovis vs. West Fresno Foreclosures:
past month there were 22 homes sold in 93722 and 93723 that were built
in 2000 or sooner. 21 of those 22 homes were foreclosures or short
sales with the only remaining house being brand new.
number of homes were sold in the newer areas of Clovis (93619, 93730)
yet the ratios and prices are quite different. Out of 20 homes sold, 9
were foreclosures or short sales, 4 new construction and 7 traditional
sales.For those that are open to expanding their search area
to find the best deals, the 93722 and 93723 zip codes are a must see.
A much higher ratio of discounted homes (foreclosures and short sales)
are available in the Highway 99. Clovis vs. West Fresno
The same floorplans can often be purchased
near Highway 99 for around $40 less per square foot
. In 2009,
the average selling price per square foot was only $99 in west Fresno
(93722, 93723) compared to $143 in Clovis (93619, 93730). On a 2,000
square foot house that is a difference of a whopping $80,000!
Contact my office for the latest Fresno real estate deals!
FEBRUARY MARKET STATISTICS* - Fresno and Madera Counties
2516 E. Prestwick Ave.,
Fresno, CA 93730
4,081 sq. ft.
Over An Acre!
Near Copper River Country Club, this sprawling, extensively remodeled
home features 5 bedrooms, 4 bath, with fenced pool and 3 car garage. The
gourmet kitchen features granite counters, mahogany wood floors,
stainless steel Jenn-Air appliances, and a sub-zero fridge. The
adjoining pantry is a room in itself! The family room includes an
office, bathroom, and laundry. Four bedrooms center around a playroom
with two adjoining bathrooms. The isolated, master bedroom suite has
double door entry and a private patio. Relax in your jacuzzi tub next to
frameless shower. In the center of the home, there is a 34x21 great
room, with vaulted ceiling and brick fireplace. The grounds feature
mature trees, wonderful entertaining and play areas. An exceptional
property and price!
Click here to view 2516 E. Prestick!