On July 17, 2017, California Association of Realtors (C.A.R) reported that homes values increased 11.4% at an average price of $548,220 in June of 2017 from $492,040 in May of 2017, and gained 9.2% from price of $502,190 in June of 2016. While, homes sales rose 8.2% in June of 2017, from May of 2017, and jumped 8.5% from June of 2016 in Los Angeles County, California.
There were 2.7 months supplies of available inventory of homes in June of 2017 down from 3.0 months in May of 2017, and declined from 3.2 months in June of 2016. An average it took 22.5 days to sell a home in June 2017, higher from 22.3 days in May of 2017, but fell from 38.8 days in June of 2016 in Los Angeles County, California.
For complete more detailed information about the California Association of Realtors’ June of 2017 in Los Angeles County, California homes sales and value report, please CLICK HERE
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