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Home sales jumped 95% last month compared to a year ago. This home at 10436 Pangborn Ave. is currently listed by Michael Berdelis of 24 Hour Real Estate. MLS photo

Home sales jumped 95% last month compared to a year ago. This home at 10436 Pangborn Ave. is currently listed by Michael Berdelis of 24 Hour Real Estate. MLS photo

43 homes sold in Downey last month, nearly double the amount from 1 year ago

Eric Pierce December 12, 2017

DOWNEY -- Real estate sales remained brisk last month, with 43 closed transactions in November, a 95% jump from a year ago, according to statistics released by the Downey Association of Realtors.  

Downey saw 40 new listings last month, down 4% from 2016. The average sales price was $574,916, representing a 5.8% decline from November 2016. 

There is currently an inventory of 110 Downey homes for sale. Year to date, 479 homes averaging a selling price of $603,349 have sold in Downey. 
 

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