California Home Prices Rise 4.2% Year-Over-Year in Q1 2026
The California Association of Realtors reports median home prices climbed to $875,000 statewide in the first quarter of 2026, driven by continued inventory shortages in coastal markets.
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The California Association of Realtors reports median home prices climbed to $875,000 statewide in the first quarter of 2026, driven by continued inventory shortages in coastal markets.
The 30-year fixed mortgage rate fell to 6.42% this week, the lowest level since late 2024. Analysts say the drop could bring sidelined buyers back into the market, boosting demand for California homes.
Active listings in the Bay Area dropped 18% compared to the same period last year, creating a competitive environment for buyers and favorable conditions for sellers who do choose to list.
Homes priced above $3 million in Los Angeles, Orange County, and San Diego are selling faster than at any point in the past five years, with multiple-offer situations common in premium neighborhoods.
California homeowners 55 and older can transfer their existing property tax base to a new home anywhere in the state. Here's what sellers need to know before listing.
A new report from the California Association of Realtors finds that professionally staged homes sell 73% faster and for an average of 6.3% more than comparable unstaged properties.
Santa Barbara, San Luis Obispo, and Monterey counties continue to see strong demand from remote workers relocating from the Bay Area and Los Angeles, pushing median prices up 7% year-over-year.
Sacramento continues to attract first-time buyers priced out of coastal markets, with median home prices around $520,000 and strong job growth in the state capital region.
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