California Condo & Town-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 that condo and town-homes values decreased 0.3% at an average price of $476,400 in May of 2018 from an average price of $476,010 in April of 2018, but higher 7.6% from $440,940 in May of 2017. While, condo and town-homes sales jumped 8.5% in May of 2018 from April of 2018, but declined 2.0% from May of 2017, in California.

There were 2.3 months supplies of available inventory of condo and town-homes in May of 2018 down from 2.4 months in April of 2018, but unchanged from 2.3 months in May of 2017. An average it took 13.0 days to sell a condo and town-home in May 2018, up from 12.0 days in April of 2018, but unchanged from 13.0 days in May of 2017, in California.

For complete more detailed information about the California Association of Realtors’ May of 2018 California condo and town-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
4,218,451
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. You are the expert.

Jun 21, 2018 04:06 AM #1
Rainmaker
1,551,315
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for sharing your market information with us - this is very useful for buyers and sellers alike. I hope this post makes your phone ring.

Jun 21, 2018 05:08 AM #2
Rainmaker
2,490,722
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Thanks for the confidence Gita Bantwal  glad you find the report very useful. Thanks for the comment.

Jun 21, 2018 12:50 PM #3
Rainmaker
2,490,722
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Lise Howe glad you find the report very helpful. I agree, hopefully this post makes my phone rings. Thanks for the recommendation and the comment.

Jun 21, 2018 12:53 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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