On July 23, 2018, California Association of Realtors (C.A.R) reported that homes values gained 9.2% at an average price of $586,090 in June of 2018 from an average price of $536,940 in May of 2018, and jumped 6.9% from $548,220 in June of 2017. While, homes sales increased 2.1% in June of 2018 from May of 2018, but decreased 10.8% from June of 2017, in Los Angeles County, California.
There were 2.6 months supplies of available inventory of single family homes in June of 2018, down from 3.1 months in May of 2018, and lower from 2.7 months in June of 2017. An average it took 17.0 days to sell a single family home in June 2018, up from 15.0 days in May of 2018, and higher from 16.0 days in June of 2017, in Los Angeles County, California.
For complete more detailed information about the California Association of Realtors’ June of 2018 in Los Angeles County, California homes sales and value report, please click HERE