On January 19, 2017, California Association of Realtors (C.A.R) reported that homes values increased 0.4% at an average price of $463,380 in December of 2016 from $461,540 in November 2016, and gained 3.2% from price of $448,930 in December of 2015. While, homes sales rose 3.4% in December of 2016, from November of 2016, but declined 1.4% from December of 2015 in Los Angeles Metro, California.
There were 3.0 months supplies of available inventory of homes in December of 2016, down from 3.6 months in November of 2016, and dropped from 3.3 months in December of 2015. An average it took 42.9 days to sell a home in December 2016, up from 42.2 days in November of 2016, but lower from 54.5 days in December of 2015 in Los Angeles Metro, California.
For complete more detailed information about the California Association of Realtors’ in December of 2016 in Los Angeles Metro, California homes sales and value report, please CLICK HERE
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