On January 17, 2025, California Association of Realtors (C.A.R) reported the homes values unchanged 0.0% to the price of $850,000 in December of 2024 from price of $850,000 in November of 2024, but increased 7.6% from price of $790,000 in December of 2023 in Southern California. While, homes sales rose 8.1% in December of 2024 from November of 2024, and jumped 16.3% from in in December of 2023 in Southern California.
There were 2.8 months supplies of available inventory of homes in December of 2024, down from 3.5 months in November of 2024, and higher from 2.6 months in December of 2023 in Southern California.
An average it took 31.5 days to sell home in December 2024, up from 28.0 days in November of 2024, but gained from 26.0 days in December of 2023 in Southern California.
For complete more detailed information about the California Association of Realtors’ December of 2024 Southern California homes sales and value report, please click HERE
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