March 2021 is a Seller's market in Clovis! The number of for-sale listings was down 71.7% from one year earlier and up 16.1% from the previous month. The number of sold listings increased 8.3% year over year and increased 24.8% month over month. The number of under contract listings was up 46.2% compared to previous month and up 36.8% compared to previous year. The Months of Inventory based on Closed Sales is 0.5, down 76.2% from the previous year.
The Average Sold Price per Square Footage was up 5.2% compared to previous month and up 16.3% compared to last year. The Median Sold Price decreased by 2.4% from last month. The Average Sold Price also increased by 1.8% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Neutral".
The Average Days on Market showed an upward trend, a decrease of 23.5% compared to the previous year. The ratio of Sold Price vs. Original List Price is 100%, an increase of 3.1% compared to the previous year.