On July 18, 2022, California Association of Realtors (C.A.R) reported the homes values decreased 0.6% to the price of $800,000 in June of 2022 from price of $805,000 in May of 2022, but gained 8.5% from price of $737,500 in June of 2021 in Los Angeles Metro Area, California. While, homes sales dropped 3.9% in June of 2022 from May of 2022, and fell 26.2% from June of 2021 in Los Angeles Metro Area, California.
There were 2.6 months supplies of available inventory of homes in June of 2022, higher from 2.2 months in May of 2022, and rose from 1.7 months in June of 2021. An average it took 11.0 days to sell a home in June 2022, up from 9.0 days in May of 2022, and increased from 8.0 days in June of 2021 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ June of 2022 Los Angeles Metro Area, California homes sales and value report, please click HERE
Comments(4)