Here’s June 2023 Market report. I’m David Thi, your trusted REALTOR® from Coldwell Banker Realty. I wanted to share some key market trends data with you, so you can make informed decisions in your home search. Let’s dive in!
Currently, there is a healthy 1.83 Months Supply of Inventory in the Los Angeles County market. This means there are more options for you to explore! Over the last 12 months, the Months Supply of Inventory has decreased by -12.02%, indicating a growing demand for properties in this area.
Another exciting statistic is the List to Sold Price percentage at 102.1%. This shows that homes are selling above their initial listing price, indicating a competitive market.
The median days on market is just 13 days, which means properties are selling quickly. Don’t wait too long to make an offer on your dream home!
Lastly, let’s talk numbers! The median Sold Price in Los Angeles County is currently $925,000. This gives you an idea of the market value and the investment potential in this area.
Whether you’re a first-time buyer or seasoned investor, I’m here to guide you through the dynamic real estate landscape of Los Angeles County. Let’s work together to find your perfect home!
Contact me at Coldwell Banker Realty to schedule a consultation and explore the exciting opportunities that await you in this thriving market. Let’s make your homeownership dreams come true!
#LosAngelesCounty #RealEstateMarket #MarketTrends #Homebuyers #ColdwellBankerRealty #YourTrustedREALTOR
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