Los Angeles Metro Area, California Homes Sales & Values Report June 2022

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

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

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 (4)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Time on market low, inventory low and demand still fueling the problem. Strong market, no problem. Enjoy your day.

Jul 24, 2022 06:16 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your day!

Jul 24, 2022 06:40 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good morning Wayne Martin very true, time on market low, inventory low and strong demand fueling the problem. Enjoy your day too. Thanks for the comment.

Jul 24, 2022 10:15 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your day too! Thanks for the comment.

Jul 24, 2022 10:17 AM