California Condo & Town-Homes Sales & Values Report December Of 2022

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

On January 18, 2023, California Association of Realtors (C.A.R) reported the condo & town-homes values declined 3.6% to the price of $590,000 in December of 2022 from price of $612,000 in November of 2022, and lower 3.7% from price of $612,750 in December of 2021 in California. While, condo & town-homes sales dropped 11.0% in December of 2022 from November of 2022, and fell 47.9% from in in December of 2021 in California.

There were 2.6 months supplies of available inventory of condo & town-homes in December of 2022, down from 2.8 months in November of 2022, but jumped from 1.1 months in December of 2021 in California.

An average it took 28.0 days to sell condo & town-home in December 2022, higher from 23.0 days in November of 2022, and rose from 11.0 days in December of 2021 in California.

For complete more detailed information about the California Association of Realtors’ December of 2022 California condo & town-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 (8)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Jan 24, 2023 07:22 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Tuesday morning, John.

Have a great day and a very productive week.

Jan 24, 2023 08:25 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Great job as always, my friend. You are the most reliable source of market information in California that I know of.

Jan 24, 2023 12:19 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.

Jan 24, 2023 03:09 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good Tuesday afternoon Roy Kelley. Thank you, have a great day and a very productive week too. Thanks for the comment.

Jan 24, 2023 03:11 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson thank you for the confidence my friend, and glad you always find my reports very valuable, and the most reliable source of market information in California that you know of. Thanks for the comment.

Jan 24, 2023 03:14 PM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The numbers certainly tell the story of what is going on in the condo and townhome market.

Jan 25, 2023 04:47 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England very true, the numbers indicate what is going on in the condo & town-homes market. Thanks for the comment.

Jan 25, 2023 03:52 PM