On July 2021, California Association of Realtors (C.A.R) reported that homes values gained 1.7% to an average price of $737,500 in June of 2021 from an average price of $725,000 in May of 2021, and rose 33.4% from $553,000 in June of 2020. While, homes sales increased 10.4% in June of 2021 from May of 2021, and jumped 35.1% from June of 2020 in Los Angeles Metro Area, California.
There were 1.7 months supplies of available inventory of homes in June of 2021 down from 1.9 months in May of 2021, and dropped from 3.1 months in June of 2020. An average it took 8.0 days to sell a home in June 2021, unchanged from 8.0 days in May of 2021, but declined from 23.0 days in June of 2020 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ June of 2021 Los Angeles Metro Area, California homes sales and value report, please click HERE
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