On January 17, 2024, California Association of Realtors (C.A.R) reported the homes values declined 3.2% to the price of $760,000 in December of 2023 from price of $785,000 in November of 2023, but gained 6.1% from price of $716,500 in December of 2022 in Los Angeles Metro Area, California. While, homes sales increased 2.5% in December of 2023 from November of 2023, but decreased 3.5% from in in December of 2022 in Los Angeles Metro Area, California.
There were 2.7 months supplies of available inventory of homes in December of 2023, down from 3.1 months in November of 2023, and from 3.1 months in December of 2022 in Los Angeles Metro Area, California.
An average it took 27.0 days to sell home in December 2023, higher from 23.0 days in November of 2023, but fell from 35.0 days in December of 2022 in Los Angeles Metro Area, California.
For complete more detailed information about the California Association of Realtors’ December of 2023 Los Angeles Metro Area, California homes sales and value report, please click HERE
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