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Los Angeles County, California Homes Sales & Values Report December 2024

By
Industry Observer CDRE #01044712

On January 17, 2025, California Association of Realtors (C.A.R) reported the homes values declined 2.6% to the price of $912,370 in December of 2024 from price of $937,030 in November of 2024, but increased 6..9% from price of $835,340 December of 2023 in Los Angeles County, California.

Homes sales rose 12.7% in December of 2024 from November of 2024, and jumped 16.2% from December of 2023 in Los Angeles County, California.

There were 2.7 months supplies of available inventory of homes in December of 2024, down from 3.5 months in November of 2024, but up from 2.6 months in December of 2023 in Los Angeles County, California. 

An average it took 29.0 days to sell a home in December 2024, grew from 26.0 days in November of 2024, and higher from 23.0 days in December of 2023 in Los Angeles County, California.

For complete more detailed information about the California Association of Realtors' December of 2024 Los Angeles County, 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

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Show All Comments Sort:
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I guess only time will tell but I wonder how the fires will affect the values in the area.

Feb 01, 2025 05:30 AM
John Pusa

Hello Brian England you are right, the fires will affect the values in the area. Thank you for the comment.

Feb 01, 2025 01:28 PM
Roy Kelley
Retired - Gaithersburg, MD

Good Sunday morning, John. Have a great day and a productive week.

Feb 02, 2025 09:06 AM
John Pusa

Hello Roy Kelley have a great day and a productive week too. Thank you for the comment.

Feb 02, 2025 03:09 PM