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Southern California Homes Sales & Values Report November Of 2023

By
Industry Observer CDRE #01044712

On December 19, 2023, California Association of Realtors (C.A.R) reported an annualized homes values up 0.5% to the price of $824,500 in November of 2023 from price of $820,000 in October of 2023, and rose 9.9% from price of $750,000 in November of 2022 in Southern California. While, homes sales in California fell 14.2% in November of 2023 from October of 2023, and dropped 5.6% from November of 2022 in Southern California.

There were 3.0 months supplies of available inventory of homes in November of 2023, higher from 2.8 months in October of 2023, but lower from 3.6 months in November of 2022 in Southern California.

An average it took 21.0 days to sell a home in November 2023, unchanged from 21.0 days in October of 2023, but declined from 30.0 days in November of 2022 in Southern California.

For complete more detailed information about the California Association of Realtors’ November of 2023 Southern California homes sales and value report, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John Pusa and always great information on housing that you share with us here in the Rain.  Make it a great Sunday.

Dec 24, 2023 09:14 AM
John Pusa
Glendale, CA

Hello Will Hamm glad to know you always find my report very informative on housing that I share with everyone here in the Rain. Thank you, and make it a great Sunday too. Thanks for the comment.

Dec 24, 2023 09:24 AM
Roy Kelley
Retired - Gaithersburg, MD

Thank you very much, John, for posting this report.

Best wishes to you and yours for a Very Merry Christmas!

Dec 24, 2023 10:00 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

John,

Avery good November Report. Merry Christmas to you and yours's. Bill 

Dec 24, 2023 12:10 PM
Matthew Klinowski, PA
Downing Frye Realty - Naples, FL
Naples Golf Guy | Find Your Dream Lifestyle

Three months' supply is still pretty low! Hope you see more inventory soon. Thanks for the update.

Dec 24, 2023 04:55 PM
John Pusa
Glendale, CA

Hello Roy Kelley you very welcome, and you find this report very helpful. Thank you, best wishes to you and yours for a Very Merry Christmas too. Thanks for the comment.

Dec 24, 2023 05:17 PM
John Pusa
Glendale, CA

Hello Bill Salvatore - East Valley glad you find this November report very good. Thank you, and Merry Christmas to you and yours's too. Thanks for the comment.

Dec 24, 2023 05:19 PM
John Pusa
Glendale, CA

Hello Matthew Klinowski, PA you are welcome, and glad you find the report very helpful. You are right, three months' supply is still pretty low. Hopefully we see more inventory soon. Thanks for the comment.

Dec 24, 2023 05:21 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Pusa  just wanted to stop in and wish you a very Merry Christmas, Endre

Dec 24, 2023 11:16 PM
John Pusa
Glendale, CA

Hello Endre Barath, Jr. thank you for stopping in and wish me a very Merry Christmas. Merry Christmas to you too!

Dec 25, 2023 09:16 AM