Los Angeles County, California Homes Sales And Values Report October 2016

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CBRE #01044712

On November 16, 2016, California Association of Realtors (C.A.R) reported that homes values decreased 2.5% to an avarage price of $533,370 in October of 2016 from $546,920 in September 2016, but jumped 4.7% from price of $509,570 in October of 2015. While, homes sales declined 0.6% in October of 2016, from September of 2016, and down 3.3% from October of 2015 in Los Angeles County, California.

There were 3.5 months supplies of available inventory of homes in October of 2016, higher from 3.3 in September of 2016, but lower from 3.7 months in October of 2015. An average it took 35.6 days to sell a home in October 2016, declined from 35.7 days in September 2016, and fell from 50.7 days in October of 2015 in Los Angeles County, California.

For complete more detailed information about the California Association of Realtors’ October of 2016 in Los Angeles County, California homes sales and value report, please CLICK HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
4,202,247
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning John.  Thanks for the Los Angeles County real estate market update.

Nov 21, 2016 08:28 PM #1
Rainmaker
2,603,601
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning John. Possibly just a blip given the tight time frame! Inventory is still very tight! Enjoy your day!

Nov 21, 2016 09:09 PM #2
Rainmaker
2,336,403
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Gabe Sanders You are welcome.  I m glad you find the report useful. Thanks for the comment.

Nov 22, 2016 04:25 PM #3
Rainmaker
2,336,403
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Wayne Martin I agree, the inventory is tight. Enjoy your day as well. Thanks for the comment.

Nov 22, 2016 04:26 PM #4
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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