On May 17, 2022, California Association of Realtors (C.A.R) reported the homes values were increased 4.4% to the price of $837,500 in April of 2022 from price of $802,500 in March of 2022, and rose 11.7% from price of $750,000 in April of 2021 in Southern California. While, homes sales declined 2.6% in April of 2022 from March of 2022, and fell 16.0% from April of 2021 in Southern California.
There were 1.8 months supplies of available inventory of homes in April of 2022, up from 1.6 months in March of 2022, and higher from 1.6 months in April of 2021 in Southern California,
An average it took 8.0 days to sell a home in April 2022, unchanged from 8.0 days in March of 2022, but gained from 7.0 days in April of 2021 in Southern California.
For complete more detailed information about the California Association of Realtors’ April of 2022 Southern California homes sales and value report, please click HERE
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