On July 17, 2019, California Association of Realtors (C.A.R) reported that condo and town-homes values increased 2.1% at an average price of $480,000 in June of 2019 from an average price of $470,000 in May of 2019, and higher 0.7% from $465,000 in June of 2018. While, condo and town-homes sales dropped 11.6% in June of 2019 from May of 2019, and declined 12.4% from June of 2018 in California.
There were 3.1 months supplies of available inventory of condo and town-homes in June of 2019 gained from 2.8 months in May of 2019, and rose from 3.0 months in June of 2018. An average it took 21.0 days to sell a condo and town-home in June 2019, up from 19.0 days in May of 2019, and jumped from 13.0 days in June of 2018 in California.
For complete more detailed information about the California Association of Realtors’ June of 2019 California condo and town-homes sales and value report, please click HERE
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