On August 16, 2018, California Association of Realtors (C.A.R) reported that homes values declined 0.7% at an average price of $535,000 in July of 2018 from an average price of $539,000 in June of 2018, and jumped 5.2% from $508,500 in July of 2017. While, homes sales decreased 11.3% in July of 2018 from June of 2018, and down 0.1% from July of 2017, in Los Angeles Metro Area, California.
There were 3.7 months supplies of available inventory of single family homes in July of 2018, gained from 3.3 months in June of 2018, and up from 3.6 months in July of 2017. An average it took 23.0 days to sell a single family home in July 2018, rose from 20.0 days in June of 2018, and higher from 20.0 days in July of 2017, in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ July of 2018 in Los Angeles Metro Area, California homes sales and value report, please click HERE
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