Los Angeles County, California Home Sales & Values Report August Of 2023

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On September 18, 2023, California Association of Realtors (C.A.R) reported the homes values higher 3.6% to the price of $882,020 in August of 2023 from price of $851,540 in July of 2023, and gained 3.2% from price of $854,960 in August of 2022 in Los Angeles County, California. While, homes sales increased 5.6% in August of 2023 from July of 2023, but fell 12.5% from August of 2022 in Los Angeles County, California.

There were 2.4 months supplies of available inventory of homes in August of 2023, down from 2.5 months in July of 2023, and decreased from 3.1 months in August of 2022 in Los Angeles, California.

An average it took 18.0 days to sell a home in August 2023, up from 17.0 days in July of 2023, but declined from 22.0 days in August of 2022 in Los Angeles County, California.

For complete more detailed information about the California Association of Realtors August of 2023 Los Angeles County, California homes sales and value report, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (6)

Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

18 days to sell is borderline insanity, I prefer more time so I get my name and marketing out for starters and then to boot the buyers and not tripping over each other, Endre

Sep 27, 2023 09:42 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Anything that Endre Barath, Jr. considers insanity must be a good thing, haha.  Some of the meals he prepares look insane!

Sep 28, 2023 04:42 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

Sep 28, 2023 07:02 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Endre Barath, Jr. very true, 18 days to sell means we are in a great market. You prefer more time so you get your name and marketing out for starters and then to boot the buyers and not tripping over each other. Thanks for the comment.

Sep 28, 2023 02:40 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Brian England I agree, according to Endre Barath, Jr. anything that considers insanity must be a good thing, haha. Some of the meals he prepares look insane and good. Thomas Edison was considered insane, he invented electricity benefiting all the humans. Thanks for the comment.

Sep 28, 2023 02:44 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very helpful. Enjoy your day too! Thanks for the comment.

Sep 28, 2023 02:44 PM