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LOS ANGELES COUNTYMARKET ACTIVITY & TRENDS MAY 2024MAY 2024 SFR & CONDO SALES LAST 12 MONTHSMONTH OVER MONTH TRENDS SFR % Change Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 202310.58%15.74%15.95%17.00%1.39%16.63%Dec
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July home sales refer to the total number of residential properties sold in the month of July, which is used to assess market trends and economic health in the real estate sector.
Real estate professionals, including agents and brokers, as well as property developers and real estate firms, are typically required to file reports on July home sales.
To fill out the July home sales report, one must provide information such as the number of homes sold, sale prices, property types, and transactions dates. Forms are usually provided by local real estate boards or governmental agencies.
The purpose of tracking July home sales is to analyze housing market trends, inform policy decisions, and assist buyers, sellers, and investors in understanding market conditions.
Information that must be reported includes the number of sales, average sale price, inventory levels, and changes in prices from previous periods.
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