On January 15, 2021, California Association of Realtors (C.A.R) reported an annualized rate of 509,750 single family homes sold in California in December of 2020 higher 0.2% from 508,820 in November of 2020, and rose 28.0% from 398,370 home sales in December of 2019 in California.
Single family homes values gained 2.7% to the price of $717.930 in December of 2020 from price of $698,980 in November of 2020, but rose 16.8% from price of $614,880 in December of 2019 in California.
The average price for a square foot was $330.00 in December of 2020 increased from $289.00 in December of 2019 in California.
There were 1.3 months supplies of available inventory of single family homes in December of 2020, down from 1.9 months in November of 2020, and dropped from 2.5 months in December of 2019 in California.
An average it took 11.0 days to sell a single family home in December 2020, higher from 9.0 days in November of 2020, but fell from 28.0 days in December of 2019 in California.
For complete more detailed information about the California Association of Realtors’ December of 2020 California single family homes sales and value report, please click HERE
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