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The phrase "are fetching close" is not correct and does not convey a clear meaning in written English.
It seems to be an attempt to express proximity or nearness, but it lacks clarity and proper grammatical structure.
Example: "The prices are fetching close to what we expected, but we need to negotiate further."
Alternatives: "are nearing" or "are approaching".
Exact(1)
But even the very smallest bungalows are fetching close to $300,000.
Similar(59)
They are fetching high prices.
VSAT licences are fetching $4m a piece.
Batman and Superman are fetching six-figure sums.
Stools are fetched.
Map tiles are fetched from Cloudmade using Polymaps.
Many fun games are fetch and tug-of-war.
Every day around closing time, someone in cyberland was fetching price quots for 9,500 stocks at once, from a system intended to deliver a handful at a time.
As the oil price rises, investors will make a higher and unlimited profit, taking close to one quarter of oil revenues, whether each barrel is fetching $70 or $200.
His photos were fetching $500,000 each.
Perhaps he thinks it's fetching.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com