California Single Family Homes Sales & Values Report February 2020

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

On March 20, 2020, California Association of Realtors (C.A.R) reported an annualized rate of 421,670 single family homes sold in California in February of 2020 increased 6.6% from 395,700 in  January of 2020, and rose 5.9% from 398,160 home sales in February of 2019. While, single family homes values lower 0.8% to the price of $579,770 in February of 2020 from price of $575,160 in January of 2020, but gained 8.5% from price of $534,120 in February of 2019 in California.

There were 3.6 months supplies of available inventory of single family homes in February of 2020, gained from 3.4 months in January of 2020, and jumped from 8.5 months in February of 2019.

An average it took 33.0 days to sell a single family home in February 2020, up from 31.0 days in January of 2020, and higher from 23.0 days in February of 2019 in California.

The average price for a square foot was $283.00 in February of 2020 rose from $271.00 in February of 2019 in California.

For complete more detailed information about the California Association of Realtors’ February of 2020 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
1,701,342
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

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

Mar 20, 2020 04:08 PM #1
Rainmaker
2,945,353
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

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

Mar 20, 2020 08:03 PM #2
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John Pusa - thanks for keeping up to date on the regional Real Estate trends.

Mar 21, 2020 05:35 AM #3
Rainmaker
2,945,353
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Grant Schneider you are welcome and glad you find the regional real estate trends very helpful. Thanks for the comment.

Mar 21, 2020 12:34 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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