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Inland Empire, California Home Sales & Values Report February Of 2023

By
Industry Observer CDRE #01044712

On March 16, 2023, California Association of Realtors (C.A.R) reported the home values higher 1.8% to the price of $549,900 in February of 2023 from price of $540,000 in January of 2023, but lower 0.2% from price of $551,000 in February of 2022 in Inland Empire, California. While, home sales jumped 16.3% in February of 2023 from January of 2023, but dropped 37.8% from in in February of 2022 in Inland Empire, California.

There were 3.7 months supplies of available inventory of homes in February of 2023, down from 4.4 months in January of 2023, but rose from 2.0 months in February of 2022 in Inland Empire, California.

An average it took 45.0 days to sell home in February 2023, gained from 40.0 days in January of 2023, and increased from 14.0 days in February of 2022 in Inland Empire, California.

For complete more detailed information about the California Association of Realtors’ February of 2023 Inland Empire, California 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

Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

With values still slightly higher even though inventory is picking, sellers are still having an advantage.

Mar 26, 2023 06:38 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Mar 26, 2023 07:19 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

John,

Good report for February, and 45 DOM, is still excellent. This is an excellent post with great information. Thanks for sharing it. 

Have a super fantastic week! Bill Salvatore with AEP

Mar 26, 2023 12:00 PM
John Pusa
Glendale, CA

Hello Ed Silva you very true, with values still increasing and though inventory is picking, sellers are still having an advantage. Thanks for the comment.

Mar 26, 2023 02:03 PM
John Pusa
Glendale, CA

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very helpful. Enjoy your day too! Thanks for the comment.

Mar 26, 2023 02:04 PM
John Pusa
Glendale, CA

Hello Bill Salvatore - East Valley you are welcome, and glad you find the report for very valuable and very informative. Thank you, and have a super fantastic week too. Thanks for the comment.

Mar 26, 2023 02:06 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I love the name Inland Empire - it is doing great!  Thanks for keeping us up to date with this very complete market report

Mar 27, 2023 11:02 AM
John Pusa
Glendale, CA

Hello Lise Howe you are welcome, Inland Empire is a special name and glad you love the name, and find the market report very valuable. Thanks for the comment.

Mar 27, 2023 03:22 PM