On November 17, 2020, California Association of Realtors (C.A.R) reported that homes values down 2.6% to an average price of $728,160 in October of 2020 from an average price of $747,380 in September of 2020, but rose 12.4% from $660,000 in October of 2019. While, homes values jumped 17.6% in October of 2020 from September of 2020, and increased 13.1% from in October of 2019 in Los Angeles County, California.
There were 2.1 months supplies of available inventory of homes in October of 2020, lower from 2.3 months in September of 2020, and fell from 3.0 months in October of 2019. An average it took 9.0 days to sell a home in October 2020, unchanged from 9.0 days in September of 2020, but dropped from 22.0 days in October of 2019 in Los Angeles County, California.
For complete more detailed information about the California Association of Realtors’ October of 2020 in Los Angeles County, California homes sales and value report, please click HERE
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