{"id":142510,"date":"2026-01-21T03:02:09","date_gmt":"2026-01-21T03:02:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/142510\/"},"modified":"2026-01-21T03:02:09","modified_gmt":"2026-01-21T03:02:09","slug":"california-home-prices-fell-while-sales-rose-to-close-out-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/142510\/","title":{"rendered":"California home prices fell while sales rose to close out 2025"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">California\u2019s housing market ended 2025 with sales edging higher, while home prices were generally lower than a year ago.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The statewide median price for an existing single-family home fell 1.2% year over year to $850,680 in December, according to data released by the <a href=\"https:\/\/www.car.org\/marketdata\/data\/countysalesactivity\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:California Association of Realtors;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">California Association of Realtors<\/a>. While prices softened, buyer activity rose 2% compared with December 2024.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">It remains a buyer\u2019s market for those who can absorb <a href=\"https:\/\/www.freddiemac.com\/pmms\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:mortgage rates in the 6% range;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">mortgage rates in the 6% range<\/a> \u2013 or pay in cash. Inventory is high, and homes spent an average of 36 days on the market in December, 16% longer than a year ago.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">According to real estate brokerage <a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-december-2025\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Redfin;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Redfin<\/a>, the broader U.S. market saw 47.1% more home sellers than buyers in December \u2014 the widest gap on record dating back to 2013.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Jordan Levine, CAR\u2019s chief economist, says the housing market has been \u201c<a href=\"https:\/\/www.car.org\/marketdata\/marketforecast\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:plagued by economic uncertainty;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">plagued by economic uncertainty<\/a>\u201d about interest rates and broader conditions.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Southern California sees sales surge<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">While the median single-family home price in Southern California was virtually flat year over year at $855,000, sales surged 13.5% in December.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Los Angeles County saw even more action, with sales soaring 20.2% month over month, even as the median price in the county fell 2.4% annually to $890,910, CAR data showed.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The Inland Empire, Central Valley, Central Coast and Far North regions also posted double-digit sales increases in December.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">In contrast, the San Francisco Bay Area \u2013 the state\u2019s most expensive housing market \u2013 saw both prices and sales fall significantly. The Bay Area\u2019s median price dropped 5.9% from November to $1.2 million, while sales volume fell 9.3% month over month.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Condos and townhomes<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The cooling trend was even more pronounced in the condominium and townhome market, often favored by entry-level homebuyers.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Statewide condo prices fell 4% year over year to a median of $638,000, which likely contributed to a 4.8% increase in condo sales. Both condo sales and prices were up month over month in December.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">California Homes Sales &amp; Prices (California Association of Realtors. December 2025)<\/p>\n<p class=\"mb-2 mr-2\">Region<\/p>\n<p class=\"mb-2 mr-2\">Median Price<\/p>\n<p class=\"mb-2 mr-2\">Price MTM%<\/p>\n<p class=\"mb-2 mr-2\">Price YTY%<\/p>\n<p class=\"mb-2 mr-2\">Sales MTM%<\/p>\n<p class=\"mb-2 mr-2\">Sales YTY%<\/p>\n<p class=\"mb-2 mr-2\">CA Single-Family<\/p>\n<p class=\"mb-2 mr-2\">$850,680<\/p>\n<p class=\"mb-2 mr-2\">-0.4%<\/p>\n<p class=\"mb-2 mr-2\">-1.2%<\/p>\n<p class=\"mb-2 mr-2\">0.3%<\/p>\n<p class=\"mb-2 mr-2\">2.0%<\/p>\n<p class=\"mb-2 mr-2\">CA Condo\/Townhome<\/p>\n<p class=\"mb-2 mr-2\">$638,000<\/p>\n<p class=\"mb-2 mr-2\">-3.3%<\/p>\n<p class=\"mb-2 mr-2\">-4.0%<\/p>\n<p class=\"mb-2 mr-2\">9.9%<\/p>\n<p class=\"mb-2 mr-2\">4.8%<\/p>\n<p class=\"mb-2 mr-2\">Los Angeles Metro<\/p>\n<p class=\"mb-2 mr-2\">$807,540<\/p>\n<p class=\"mb-2 mr-2\">-1.9%<\/p>\n<p class=\"mb-2 mr-2\">-1.0%<\/p>\n<p class=\"mb-2 mr-2\">15.0%<\/p>\n<p class=\"mb-2 mr-2\">2.2%<\/p>\n<p class=\"mb-2 mr-2\">S.F. Bay Area<\/p>\n<p class=\"mb-2 mr-2\">$1,200,000<\/p>\n<p class=\"mb-2 mr-2\">-5.9%<\/p>\n<p class=\"mb-2 mr-2\">0.0%<\/p>\n<p class=\"mb-2 mr-2\">-9.3%<\/p>\n<p class=\"mb-2 mr-2\">2.0%<\/p>\n<p class=\"mb-2 mr-2\">Southern California<\/p>\n<p class=\"mb-2 mr-2\">$855,000<\/p>\n<p class=\"mb-2 mr-2\">-0.6%<\/p>\n<p class=\"mb-2 mr-2\">0.6%<\/p>\n<p class=\"mb-2 mr-2\">13.5%<\/p>\n<p class=\"mb-2 mr-2\">1.7%<\/p>\n<p class=\"mb-2 mr-2\">Central Coast<\/p>\n<p class=\"mb-2 mr-2\">$997,000<\/p>\n<p class=\"mb-2 mr-2\">-3.4%<\/p>\n<p class=\"mb-2 mr-2\">0.2%<\/p>\n<p class=\"mb-2 mr-2\">11.3%<\/p>\n<p class=\"mb-2 mr-2\">12.8%<\/p>\n<p class=\"mb-2 mr-2\">Central Valley<\/p>\n<p class=\"mb-2 mr-2\">$485,000<\/p>\n<p class=\"mb-2 mr-2\">-1.6%<\/p>\n<p class=\"mb-2 mr-2\">-1.4%<\/p>\n<p class=\"mb-2 mr-2\">12.2%<\/p>\n<p class=\"mb-2 mr-2\">5.5%<\/p>\n<p class=\"mb-2 mr-2\">Inland Empire<\/p>\n<p class=\"mb-2 mr-2\">$600,050<\/p>\n<p class=\"mb-2 mr-2\">2.6%<\/p>\n<p class=\"mb-2 mr-2\">0.9%<\/p>\n<p class=\"mb-2 mr-2\">14.4%<\/p>\n<p class=\"mb-2 mr-2\">4.0%<\/p>\n<p class=\"mb-2 mr-2\">Far North<\/p>\n<p class=\"mb-2 mr-2\">$380,000<\/p>\n<p class=\"mb-2 mr-2\">-1.3%<\/p>\n<p class=\"mb-2 mr-2\">2.8%<\/p>\n<p class=\"mb-2 mr-2\">13.7%<\/p>\n<p class=\"mb-2 mr-2\">23.5%<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a href=\"https:\/\/ktla.com\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:For the latest news, weather, sports, and streaming video, head to KTLA.;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"> For the latest news, weather, sports, and streaming video, head to KTLA. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"California\u2019s housing market ended 2025 with sales edging higher, while home prices were generally lower than a year&hellip;\n","protected":false},"author":2,"featured_media":142511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,71526,2655,71525,71527,1009],"class_list":{"0":"post-142510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-california","9":"tag-california-headlines","10":"tag-california-news","11":"tag-condo-sales","12":"tag-housing-market","13":"tag-median-price","14":"tag-sales-volume","15":"tag-southern-california"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/142510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=142510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/142510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/142511"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=142510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=142510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=142510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}