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published on November 15, 2016 - 12:04 AM
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Energy efficiency is a strong marketing point for home sales in the Fresno area, according to an analysis by real estate website Zillow.

 

In fact, out of 100 U.S. cities, Fresno ranks at No. 3 in terms of percentage of home listings with energy efficient terms such as “solar panel” or “wind power.”

About 14.2 percent of Fresno home listings include such terms, according to Zillow. San Jose was No. 1 on the list with 24.1 percent.

The analysis also looked at the average carbon footprint of homes in each city, using data provided by University of California, Berkeley’s CoolClimate Network. Fresno’s average carbon footprint came in at 40.9 metric tons of carbon dioxide emitted by a typical household each year.

San Jose’s average carbon footprint was 53.4 metric tons.

“Climate change is top-of-mind in California, and whether homeowners are reacting to environmental ethics or high energy costs, they are most likely to market energy-efficient technology when selling their homes,” said Zillow Chief Economist Dr. Svenja Gudell. “Between density and drought, Californians have a lot of reasons to find ways to make their homes more efficient – for the sake of the environment and their pocketbooks, too.”

In terms of median list prices, Fresno has the leg up on the top 5 with the greatest percentage of home listings with energy-efficient terms. The median list price for such homes in Fresno is $250,000 (compared to San Jose at $848,500), and the median list price of homes without energy-efficient terms was $225,000 (San Jose’s was $750,000).

East Coast cities have the smallest carbon footprints, with Buffalo, New York City and Miami at the bottom of the list.


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