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California Single Family Homes Sales & Values Report

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Industry Observer CDRE #01044712

On September 16, 2021, California Association of Realtors (C.A.R) reported the single family homes values higher 2.1% to the price of $827,940 in August of 2021 from price of $811,170 in July of 2021, and rose 17.1% from price of $706,900 in August of 2020 in California.

There were 414,860 single family homes sold in California in August of 2021 declined 3.3% from 428,980 in July of 2021, and lower 10.9% from 465,400 home sales in August of 2020. The average price for a square foot was $395.00 in August of 2021 increased from $315.00 in August of 2010 in California.

There were 1.9 months supplies of available inventory of single family homes in July of 2021, unchanged from 1.9 months in July of 2021, but decreased from 2.1 months in August of 2020 in California.

An average it took 9.0 days to sell a single family home in August 2021, up from 8.0 days in July of 2021, but dropped from 13.0 days in August of 2020 in California.

For complete more detailed information about the California Association of Realtors August 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

Lea Lagueux
Future Home Realty - Saint Petersburg, FL
Your Tampa - St Petersburg Local REALTOR

Hello John. Always interested in the California real estate market.  Have a couple of investors who live there and purchase income properties here in the Tampa Bay market.  California just got too high priced for some and others have family here. 

The California months of inventory caught my eye.  At just under 2 months, things move quickly but not quite light speed as they are here.  In the Tampa Bay market we have officially had less than 2 weeks of inventory since May 2021.  So far this has not shifted.  It isn't fun...just keep praying for a turn around and hoping it's not in the form of foreclosures! 

Sep 17, 2021 06:07 PM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Wow, homes really are going pending.  Nine days is fast.  Thank you for the market update.

Sep 17, 2021 07:26 PM
John Pusa
Glendale, CA

Hello Lea Lagueux you are right, California real estate prices are higher compare to Tampa Bay and other areas. Two weeks of inventory in Tampa Bay is very low. Thanks for the comment.

Sep 17, 2021 08:19 PM
John Pusa
Glendale, CA

Hello Raymond Henson, eXp Realty you are right, homes are going pending nine days is fast. You are welcome, and glad you find the market update very helpful. Thanks for the comment.

Sep 17, 2021 08:21 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi John, Thank you for sharing this real estate market report.  Buyers and sellers in your area will benefit from this report.  Wishing you continued success.

Sep 18, 2021 02:05 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - unchanged in supply is better than less.  Have a great day.

Sep 18, 2021 03:08 AM
John Pusa
Glendale, CA

Hello Bob Bloom you are welcome, and glad you find this real estate market report very beneficial to buyers and sellers in my area. Wishing you continued success as well. Thanks for the comment.

Sep 18, 2021 11:04 AM
John Pusa
Glendale, CA

Good morning Grant Schneider you are right, unchanged in supply is better than less. Have a great day too. Thanks for the comment.

Sep 18, 2021 11:05 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

How very interesting John! I am now recognizing a particular subpattern. Wonder if it continues

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

Hello Rocky Dickerson you are right, very interesting and it is good that you recognizing a particular subpattern. Thanks for the comment.

Sep 18, 2021 05:38 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a great day!

Sep 19, 2021 06:26 AM
John Pusa
Glendale, CA

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very valuable. Have a great day too! Thanks for the comment.

Sep 19, 2021 09:20 AM