Fresno Bee Newsroom Blog

Real Estate: Fresno home prices to fall slightly and begin an upward climb

A global economic data company is projecting home prices in California cities — including Fresno — to fall slightly at the end of this quarter before starting a slow climb over the next two years.

The median home price in Fresno is projected to hit $147,830 at the end of the quarter, according to Moody’s Analytics.

That’s a slight decrease from the end of last year which saw prices at about $148,000.

By the end of this year, the median home price could hit $150,000, the numbers show, and jump to $160,000 by the end of 2014.

Read McClatchy Newspapers national story about the housing recovery.

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