Los Angeles County homeowners rush to sell, listings jump 25% in a year
October 10, 2018 Supply: 14,811 listings, up 2,926 residences for sale in a year or 25 percent; and up 12.3 percent vs. 6-year average.
Supply, year-to-date: Up 6,762 listings vs. a rise of 2,187 a year earlier and an average increase of 3,774 in 2013-2017.
Demand: 4,636 new escrows, down 837 sales contracts in 12 months or 15 percent; and down 16 percent vs. previous six years.
Market time: 96 days vs. 65 a year earlier and an average 78 days in 2012-2017.
Elsewhere in Southern California:
Orange County: 38 more days to sell to 105 days as supply rose 38 percent.
Riverside County: 28 more days to sell to 117 days as supply rose 28 percent.
San Bernardino County: 29 more days to sell to 101 days as supply rose 17 percent.