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California Single Family Homes Sales & Values Report March Of 2024

By
Industry Observer CDRE #01044712

On April 17, 2024, California Association of Realtors (C.A.R) reported an annualized rate of 267,470 single family homes sold in California in March of 2024 fell 7.8% from 290,020 in February of 2024, and declined 4.4% from 279,700 home sales in March of 2023.

The single family homes values were higher 6.0% to the price of $854,490 in March of 2024 from price of $806,490 in February of 2024, and increased 7.7% from price of $793,260 in March of 2023 in California.

There were 2.6 months supplies of available inventory of single family homes in March of 2024, down from 3.0 months in February of 2024, but up from 2.1 months in March of 2023.

An average it took 19.0 days to sell a single family home in March 2024, lower from 22.0 days in February of 2024, and dropped from 24.0 days in March of 2023 in California.

For complete more detailed information about the California Association of Realtors’ March of 2024 California single family 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

Roy Kelley
Retired - Gaithersburg, MD

Good Thursday morning, John.

I hope all is going well for you this week.

Apr 18, 2024 10:58 AM
John Pusa

Hello Roy Kelley I hope al is going well for you this week too. Thank you for the comment.

Apr 18, 2024 04:37 PM