California Condo & Town-Homes Sales & Values Report December Of 2021

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

On January 18, 2022, California Association of Realtors (C.A.R) reported the condo & town-homes values declined 1.2% to the price of $612,750 in December of 2021 from price of $620,000 in November of 2021, but jumped 17.8% from price of $520,000 in December of 2020 in California. While, condo & town-homes sales dropped 7.8% in December of 2021 from November of 2021, and fell 16.6% from in in December of 2010 in California.

There were 1.1 months supplies of available inventory of condo & town-homes in December of 2021, unchanged from 1.1 months in November of 2021, and decreased from 1.6 months in December of 2020 in California.

An average it took 12.0 days to sell a condo & town-home in December 2021, up from 11.0 days in November of 2021, and lower from 17.0 days in December of 2020 in California.

For complete more detailed information about the California Association of Realtors’ December of 2021 California condo & 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

Comments (2)

Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John mixed messages sent from CAR... they should be focusing on the lack of inventory and the exhaustion from buyers because they missed out... just my two cents, Endre

Jan 21, 2022 10:27 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Endre Barath, Jr. CAR covering a very large different prices range markets, maybe that the reason messages can be mixed and unclear. However, you are right, lack of inventory and exhaustion from missed out buyers. Thanks for the comment.

Jan 22, 2022 01:07 PM