Southern California Homes Sales & Values Report August 2022

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

On September 16, 2022, California Association of Realtors (C.A.R) reported the homes values lower 1.6% to the price of $795,000 in August of 2022 from price of $808,000 in July of 2022, but increased 4.6% from price of $760,000 in August of 2021 in Southern California. While, homes sales rose 7.8% in August of 2022 from July of 2022, but fell 28.8% from August of 2022 in Southern California.

There were 3.0 months supplies of available inventory of homes in August of 2022, down from 3.3 months in July of 2022, but jumped from 1.9 months in August of 2021 in Southern California.

An average it took 18.0 days to sell a home in August 2022, higher from 13.0 days in July of 2022, and gained from 9.0 days in August of 2021 in Southern California.

For complete more detailed information about the California Association of Realtors August of 2022 Southern 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 (6)

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Have an outstanding weekend.

Sep 24, 2022 08:03 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Roy Kelley thank you for the recommendation to families on the move will appreciate my local real estate reports. Have an outstanding weekend too. Thanks for the comment.

Sep 24, 2022 12:14 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for sharing Southern California sales data with us.  If it weren't for the rocketing interest rates, it would be a good market! 

Sep 24, 2022 07:51 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Lise Howe you are welcome, and glad you find Southern California sales data very helpful. Very true, the rocketing interest rates slowed the market! Thanks for the comment.

Sep 25, 2022 02:33 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.    Thanks for sharing and have a wonderful week!

Sep 26, 2022 06:59 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. Have a wonderful week too! Thanks for the comment.

Sep 26, 2022 02:04 PM