California Condo & Town-Homes Sales & Values Report Febrary 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 condo and town-homes values increased 2.8% to an average price of $480,000 in February of 2020 from an average price of $467.000 in January of 2020, and gained 6.7% from $450,000 in February of 2019. While, condo and town-homes sales rose 13.7% in February of 2020 from January of 2020, and jumped 14.3% from February of 2019 in California.

There were 3.0 months supplies of available inventory of condo and town-home in February of 2020 lower from 3.3 months in January of 2020, and dropped from 4.1 months in February of 2019. An average it took 21.0 days to sell a condo and town-home in February 2020, fell from 31.0 days in January of 2020, and declined from 28.0 days in  February of 2019 in California.

For complete more detailed information about the California Association of Realtors’ February of 2020 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
94,647
Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Thanks for sharing this information on your local market, great information. I hope you have a great day ahead.

Mar 22, 2020 08:37 AM #1
Rainmaker
1,701,942
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always good to be updated and in the loop. Appreciate the info as always!

Mar 22, 2020 08:42 AM #2
Rainmaker
2,082,331
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John Pusa - thank you for the update.  We will see if the trend continues.  Hope we just have a short blip.

Mar 22, 2020 09:02 AM #3
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Joseph Doohan glad you find the report very useful. I hope you have a great day ahead too. Thanks for the comment.

Mar 22, 2020 09:24 AM #4
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Jeremy K. Frost glad you find the report very informative. Thanks for the comment.

Mar 22, 2020 09:25 AM #5
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Grant Schneider You are welcome, glad you find the updated report very useful. Very true, we will see if the trend continues, and hopefully this is just short blip Thanks for the comment.

Mar 22, 2020 09:29 AM #6
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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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