Los Angeles Metro Area, California 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 that homes values gained 2.1% to an average price of $550,000 in February of 2020 from an average price of $538,500 in January of 2020, and higher 8.9% from $505,000 in February of 2019. While, homes sales down 0.9% in February of 2020 from January of 2020, but rose 13.7% from February of 2019 in Los Angeles Metro Area, California.

There were 3.8 months supplies of available inventory of single family homes in February of 2020, increased from 3.6 months in January of 2020, but down from 5.5 months in February of 2019. An average it took 29.0 days to sell a single family home in February 2020, lower from 32.0 days in January of 2020, and dropped from 42.0 days in February of 2019 in Los Angeles Metro Area, California.

For complete more detailed information about the California Association of Realtors’ February of 2020 in Los Angeles Metro Area, California homes sales and value report, please click HERE

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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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