On April 16, 2021, California Association of Realtors (C.A.R) reported that condo and town-homes values increased 4.2% to an average price of $552,000 in March of 2021 from an average price of $530.000 in February of 2021, and gained 11.6% from $495,000 in March of 2010. While, condo and town-homes sales jumped 42.1% in March of 2021 from February of 2021, and higher 39.3% from March of 2010 in California.
There were 1.5 months supplies of available inventory of single condo and town-homes in March of 2021, lower from 2.1 months in February of 2021, and decreased from 2.3 months in March of 2020.
An average it took 10.0 days to sell a condo and town-home in March 2021, down from 13.0 days in February of 2021, and dropped from 14.0 days in March of 2020 in California.
For complete more detailed information about the California Association of Realtors’ March of 2021 California condo and town-homes sales and value report, please click HERE
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