On January 18, 2023, California Association of Realtors (C.A.R) reported the homes values declined 0.5% to the price of $716,500 in December of 2022 from price of $720,000 in November of 2022, and lower 0.5% from price of $720,000 in December of 2021 in Los Angeles Metro Area, California. While, homes sales gained 1.9% in December of 2022 from November of 2022, but fell 49.4% from in in December of 2021 in Los Angeles Metro Area, California.
There were 3.1 months supplies of available inventory of homes in December of 2022, down from 3.7 months in November of 2022, but jumped from 1.2 months in December of 2021 in Los Angeles Metro Area, California.
An average it took 28.0 days to sell home in December 2022, higher from 26.0 days in November of 2022, and rose from 12.0 days in December of 2021 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ December of 2022 Los Angeles Metro Area, California homes sales and value report, please click HERE
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