Average sales price of Downey home tops $600,000

A new listing by Dorothy Pemberton at 10734 Clancey Ave., listed at $649,000.

The average sales price of Downey real estate last month was $600,687, up 11 percent from April 2016, according to data released by the Downey Association of Realtors. 

In April 2017, there were 66 new listings in Downey, up 16 percent from 2016. There were 31 closed listings, which was a 3 percent reduction from 2016.

Year to date, 140 homes averaging a selling price of $586,275 have sold in Downey.

There is currently an inventory of 122 Downey homes for sale.