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California Single Family Homes Sales & Values Report February 2021

By
Industry Observer CDRE #01044712

On March 16, 2021, California Association of Realtors (C.A.R) reported an annualized rate of 462,720 single family homes sold in California in February of 2021 decreased 4.5% from 484,760 in  January of 2021, but rose 9.7% from 421,670 home sales in February of 2020.

The single family homes were values lower 0.1% to the price of $699,000 in February of 2021 from price of 699,920 in January of 2021, but jumped 20.6% from price of $579,770 in February of 2020 in California.

The average price for a square foot was $338.00 in February of 2021 rose from $283.00 in February of 2020 in California.

There were 2.0 months supplies of available inventory of single family homes in February of 2021, up from 1.9 months in January of 2021, but fell from 3.6 months in February of 2020.

An average it took 10.0 days to sell a single family home in February 2021, down from 11.0 days in January of 2021, and dropped from 23.0 days in February of 2020 in California.

For complete more detailed information about the California Association of Realtors’ February of 2021 California single family homes sales and value report, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Joe Manausa - Tallahassee, FL
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for sharing this report with us!

Mar 17, 2021 07:08 PM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Keep those reports coming.  It looks like low inventory is a common theme in a lot of locations.

Mar 17, 2021 07:28 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Mar 18, 2021 01:14 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - we will have to see what this year's spring market brings.

Mar 18, 2021 03:57 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information, thanks for sharing.  Make it a great one.  Bill Salvatore

Mar 18, 2021 05:24 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Thanks for the updates. Maybe some reporters should read these facts before writing negative comments. A 2 month supply does not indiciate an over supply. Enjoy your day.

Mar 18, 2021 05:33 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, John, for sharing this report.

Take care, be safe and have a great day.

Mar 18, 2021 06:17 AM
Anna Chroscicki
Re/Max Masterpiece Realty - Port St Lucie, FL
Realtor - St. Lucie County affordable Real Estate

20% in one year !!! Not sure if that is good or no...

Mar 18, 2021 10:43 AM
John Pusa
Glendale, CA

Hello Joe, you are welcome, and glad you find the report very useful. Thanks for the comment.

Mar 18, 2021 04:08 PM
John Pusa
Glendale, CA

Hello Georgie, glad you find the reports very helpful. You are right, It appears that  low inventory is common in locations. Thanks for the comment.

Mar 18, 2021 04:10 PM
John Pusa
Glendale, CA

Hello Richard, you are welcome, and glad you find the report very informative. Thank you, and I hope you have a great day too. Thanks for the comment.

 

Mar 18, 2021 04:13 PM
John Pusa
Glendale, CA

Good afternoon Grant, very true, we will see what this year's spring market brings. Thanks for the comment.

Mar 18, 2021 04:14 PM
John Pusa
Glendale, CA

Hello Bill, you are welcome, and glad you find the report very informative. Make it a great one too. Thanks for the comment.

Mar 18, 2021 04:17 PM
John Pusa
Glendale, CA

Good afternoon Wayne, you are welcome and glad you find the updates very helpful. Very true, some reporters should read the facts before writing negative comments. I agree, 2 month supply does not indicate an over supply. Enjoy your day too! Thanks for the comment.

Mar 18, 2021 04:20 PM
John Pusa
Glendale, CA

Hello Roy, you are welcome, and glad you find the report very helpful. Take care, be safe and have a great day too. Thanks for the comment.

Mar 18, 2021 04:22 PM
John Pusa
Glendale, CA

Hello Anna, you are right, 20% increase in a year if it is good or no. Thanks for the comment.

Mar 18, 2021 04:24 PM