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Los Angeles County, California Homes Sales & Values Report May 2018

By
Industry Observer CDRE #01044712

On June 19, 2018, California Association of Realtors (C.A.R) reported that homes values gained 1.6% at an average price of $536,940 in May of 2018 from an average price of $528,540 in April of 2018, and jumped 9.1% from $492,040 in May of 2017. While, homes sales increased 17.6% in May of 2018 from April of 2018, but decreased 5.5% from May of 2017, in Los Angeles County, California.

There were 3.1 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 3.0 months in May of 2017. An average it took 15.0 days to sell a single family home in May 2018, declined from 17.0 days in April of 2018, and lower from 16.0 days in May of 2017, in Los Angeles County, California.

For complete more detailed information about the California Association of Realtors’ May of 2018 in Los Angeles County, California homes sales and value report, please click HERE

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John Pusa

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Comments (4)

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 27, 2018 03:19 AM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for sharing and keeping us up to date. Best of luck!

Jun 27, 2018 07:32 AM
John Pusa
Glendale, CA

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

Jun 27, 2018 02:52 PM
John Pusa
Glendale, CA

You are welcome Jeremy K. Frost glad you find the report very helpful. Best of luck to you too. Thanks for the comment.

Jun 27, 2018 02:53 PM