On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 0.3% to the price of $792,500 in August of 2023 from price of $790,000 in July of 2023, and gained 3.6% from price of $765,000 in August of 2022 in Los Angeles Metro Area, California. While, homes sales increased 9.3% in August of 2023 from July of 2023, but fell 13.4% from August of 2022 in Los Angeles Metro Area, California.
There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.7 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles Metro Area, California.
An average it took 20.0 days to sell a home in August 2023, up from 19.0 days in July of 2023, but declined from 25.0 days in August of 2022 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors August of 2023 Los Angeles Metro Area, California homes sales and value report, please click HERE
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