Mark Johnson

California, CA

Single-Family Homes

Market Update



California, CA

Wed Oct 21 2026
This week the median list price for California, CA is $765,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 55,969. Click here to stay informed with the California market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

California, CA

Wed Oct 21 2026
This week the median list price for California, CA is $765,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 55,969. Click here to stay informed with the California market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the California market.
Median List Price $765,000
Median Price of New Listings $775,000
Per Square Foot $405
Average Days on Market 107
Median Days on Market 63
Price Decreased 37%
Price Increased 2%
Relisted 10%
Inventory 55,969
Median Rent
Market Action 38
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,300,000 3,046 0.25 - 0.5 acre 4 3.5 43 1,071 1,441 77
$969,000 2,025 6,500 - 8,000 sqft 4 2.5 47 1,267 1,822 56
$620,000 1,890 6,500 - 8,000 sqft 3 2 35 1,221 1,721 56
$395,000 1,407 6,500 - 8,000 sqft 3 2 47 1,046 1,794 63