Inland Empire, 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 2.2% to the price of $550,000 in October of 2022 from price of $562,240 in September of 2022, but higher 4.8% from price of $525,000 in October of 2021 in Southern California. While, the homes sales decreased 17.8% in October of 2022 from September of 2022, and fell 41.1% from October of 2021 in Inland Empire California.

There were 3.9 months supplies of available inventory of homes in October of 2022, gained from 3.4 months in September of 2022, and rose from 2.0 months in October of 2021 in Inland Empire, California.

An average it took 27.0 days to sell a home in October 2022, up from 25.0 days in September of 2022, but jumped from 12.0 days in October of 2021 in Inland Empire, California.

For complete more detailed information about the California Association of Realtors’ October of 2022 Inland Empire, 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)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for keeping us up to date on the Inland Empire in California - It is always fascinating to see what is going on in CA? 

Nov 26, 2022 06:03 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - it looks like there is a reasonable supply of homes in the Inland Empire3.

Nov 26, 2022 06:10 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Saturday morning, John.

I hope you are having an outstanding weekend.

Nov 26, 2022 06:46 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 Lise Howe you are welcome, and glad you find the report Inland Empire in California report very helpful, and it is always fascinating to see what is going on in CA. Thanks for the comment.

Nov 26, 2022 01:42 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Grant Schneider you are right, there is a reasonable supply of homes in the Inland Empire compare to other areas. Thanks for the comment. 

Nov 26, 2022 01:43 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good Saturday afternoon Roy Kelley Thank you, and I hope you are having an outstanding weekend too. Thanks for the comment.

Nov 26, 2022 01:45 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 01:45 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

These numbers make sense and I know the closer a property is to the ocean the more expensive it becomes, haha.

Nov 27, 2022 05:32 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England you are right, these numbers are appropriate, and  the closer a property is to the ocean the more expensive it becomes. Thanks for the comment.

Nov 27, 2022 02:49 PM