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Los Angeles Metro Area, California Homes Sales & Values Report June 2019

By
Industry Observer CDRE #01044712

On July 17, 2019, California Association of Realtors (C.A.R) reported that homes values increased 1.9% at an average price of $545,000 in June of 2019 from an average price of $535,000 in May of 2019, and higher 1.1% from $539,000 in June of 2018. While, homes sales dropped 6.5% in June of 2019 from June of 2019, and fell 8.4% from June of 2018, in Los Angeles Metro Area, California.

There were 3.7 months supplies of available inventory of single family homes in June of 2019, up from 3.6 months in May of 2019, and gained from 3.0 months in June of 2018. An average it took 24.0 days to sell a single family home in June 2019, down from 25.0 days in May of 2019, but jumped from 20.0 days in June of 2018 in Los Angeles Metro Area, California.

For complete more detailed information about the California Association of Realtors’ June of 2019 in Los Angeles Metro Area, California homes sales and value report, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thanks for the latest numbers in LA metro John Pusa. Arizona is getting a lot of buyers from California these days. Average price for a detached home is about $285K in Maricopa County or the Phoenix metro. Jeff

Jul 19, 2019 12:07 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Do you remember a time in your marketplace when you did now suffer from the dreaded “thinventory “? Enjoy your day 

Jul 19, 2019 04:20 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John,   Always good to see what your report has in it for us here in the rain.  Make it a Great day!

 

Jul 19, 2019 09:36 AM
John Pusa
Glendale, CA

You are welcome Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI you are right, some Californians moving to Arizona for more affordable home values, and some can afford without mortgage payment. Thanks for the comment.

Jul 19, 2019 03:39 PM
John Pusa
Glendale, CA

Good afternoon Wayne Martin I remember, the days of plenty inventory of homes for sale. Enjoy your day too. Thanks for the comment.

Jul 19, 2019 03:41 PM
John Pusa
Glendale, CA

Hello Will Hamm glad you find the report very helpful. Have a great day too. Thanks for the comment.

Jul 19, 2019 03:43 PM