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

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

On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values down 1.0% to the price of $742,570 in October of 2022 from price of $750,000 in September of 2022, but higher 2.4% from price of $725,000 in October of 2021 in Southern California. While, the homes sales decreased 12.2% in October of 2022 from September of 2022, and fell 40.8% from October of 2021 in Los Angeles Metro Area, California.

There were 3.7 months supplies of available inventory of homes in October of 2022, gained from 3.1 months in September of 2022, and rose from 1.9 months in October of 2021 in Los Angeles Metro Area, California.

An average it took 24.0 days to sell a home in October 2022, up from 23.0 days in September of 2022, but jumped from 11.0 days in October of 2021 in Los Angeles Metro Area, California.

For complete more detailed information about the California Association of Realtors’ October 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 (10)

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

John you are so good with these reports hope the buyers and sellers appreciate them as well, Endre

Nov 25, 2022 10:27 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi John,

Thanks for sharing the knowledge and insights on your market.

Bob

 

Nov 25, 2022 10:42 PM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

 

Great information on you market.  Thanks for sharing, enjoy your weekend, and here's a GOOD LUCK to your favorite COLLEGE or NFL Team! (I am rooting for USC)

Nov 26, 2022 05:04 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. For those buyers waiting for your California market to cool my words of advice are "dream on"! Enjoy your day.

Nov 26, 2022 05:42 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Nov 26, 2022 07:46 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Endre Barath, Jr. I do my best to report the latest facts on my posts, and glad you find these reports very valuable to buyers and sellers. Thanks for the comment.

Nov 26, 2022 01:29 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Bob Crane you are welcome, and glad you find the report highly knowledgable and insights on my market. Thanks for the comment.

Nov 26, 2022 01:32 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Bill Salvatore - East Valley you are welcome, glad you find the market report very informative, and enjoy your weekend too. I always enjoy College or NFL teams playing football. Thank you, here's a GOOD LUCK to your favorite COLLEGE or NFL Team too. Thanks for the comment.

Nov 26, 2022 01:36 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Wayne Martin very true, those buyers waiting for California market to cool you have the right words of advice "dream on"! Thank you, and enjoy your day too. Thanks for the comment.

Nov 26, 2022 01:38 PM
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.

Nov 26, 2022 01:39 PM