n December 19, 2016, California Association of Realtors (C.A.R) reported that homes values decreased 0.6% at an average price of $461,540 in November of 2016 from $464,230 in October 2016, but gained 4.6% from price of $441,390 in November of 2015. While, homes sales declined 5.3% in November of 2016, from October of 2016, but jumped 27.3% from November of 2015 in Los Angeles Metro, California.
There were 3.6 months supplies of available inventory of homes in November of 2016, down from 3.8 months in October of 2016, and lower from 4.9 months in November of 2015. An average it took 42.2 days to sell a home in November 2016, lower from 43.2 days in October of 2016, and fell from 53.4 days in
November of 2015 in Los Angeles Metro, California.
For complete more detailed information about the California Association of Realtors’ November of 2016 in Los Angeles Metro, California homes sales and value report, please CLICK HERE