On January 17, 2019, California Association of Realtors (C.A.R) reported that homes values declined 2.3% to the price of $500,000 in December of 2018 from price of $512,000 in November of 2018, but increased 1.0% from price of $495,000 in December of 2017, While, homes sales decreased 8.3% in December of 2018 from in November of 2018, and fell 17.8% from December of 2017 in Los Angeles Metro Area, California.
There were 4.1 months supplies of available inventory of homes in December of 2018 down from 4.2 months November of 2018, but rose from 2.8 months in December of 2017. On average it took 36.00 days to sell a home in December 2018, up from 32.0 days in November of 2018, and higher from 28.0 days in December of 2017 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ December of 2018 in Los Angeles Metro Area, California homes sales and value report, please click HERE
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