California Single Family Homes Sales & Values Report May 2018

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

On June 19, 2018, California Association of Realtors (C.A.R) reported an annualized rate of 409,270 single family homes sold in California in May of 2018 decreased 1.8% from 416,750 in April of 2018, and decreased 4.6% from 428,870 units in May of 2017. While, homes values gained 2.8% to the price of $600,860 in May of 2018 from price of $584,460 in April of 2018, and rose 9.2% from price of $550,230 in May of 2017 in California.

There were 3.0 months supplies of available inventory of single family homes in May of 2018, down from 3.2 months in April of 2018, but up from 2.9 months in May of 2017. An average it took 15.0 days to sell a single family home in May 2018, same as from 15.0 days in April of 2018, but gained from 14.0 days in May of 2017 in California. The average price for a square foot was $286.00 in May of 2018 higher from $268.00 in May of 2017 in California.

For complete more detailed information about the California Association of Realtors’ May of 2018 California single family 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
803,380
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good day 

Thank you for sharing your information with us 

Have a great day. 

Jun 19, 2018 09:02 PM #1
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 20, 2018 03:12 AM #2
Rainmaker
2,542,438
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Anthony Acosta - ALLATLANTACONDOS.COM glad you find the report very useful. Have a great day too. Thanks for the comment.

Jun 20, 2018 09:56 AM #3
Rainmaker
2,542,438
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Gita Bantwal glad you find the report very helpful. Thanks for the comment.

Jun 20, 2018 09:57 AM #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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