California

California Home Values & Market Trends

There have been 367,633 properties sold in the California real estate market trends. Median home values in the California housing market are $755,640.34. The median residential home value for transactions over the last 12 months is 673,793.605. The State of California currently has 20,319 properties in foreclosure, 1,302 bank owned properties, and 3,989 headed for auction.

California Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Los Angeles

$ 938,949

$ 593/sqft

Tulare

$ 360,340

$ 226/sqft

Riverside

$ 607,355

$ 321/sqft

Santa Clara

$ 1,362,733

$ 848/sqft

Orange

$ 1,212,555

$ 642/sqft

San Luis Obispo

$ 889,700

$ 502/sqft

San Bernardino

$ 486,657

$ 289/sqft

Sacramento

$ 561,100

$ 342/sqft

San Diego

$ 931,420

$ 586/sqft

Butte

$ 396,700

$ 224/sqft

Kern

$ 313,645

$ 190/sqft

San Francisco

$ 1,240,750

$ 1,016/sqft

Ventura

$ 953,885

$ 509/sqft

Santa Barbara

$ 1,023,425

$ 612/sqft

Contra Costa

$ 816,703

$ 506/sqft

Shasta

$ 304,000

$ 183/sqft

Alameda

$ 987,075

$ 691/sqft

Placer

$ 756,966

$ 384/sqft

Fresno

$ 389,956

$ 222/sqft

San Mateo

$ 1,854,000

$ 967/sqft

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Housing Market Summary for California

Aug 2022August 2023Change
Median Listing Price$713.6K$754.3K5.69%
Median Sold Price$766.7K$754.3K-1.62%
Homes For Sale39,41631,291-20.61%
Homes Sold425,034328,246-22.77%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in California

There are currently 31,479 properties for sale in California. The current home value ranges in price from 575 to 195,000,000. The total count of properties in the state is 9,616,946, and the percentage of properties for sale is 60.77%.

Foreclosure
There are 58 counties within California; within these counties, the median estimated home value for homes in foreclosure ranges from $21,995,000 in Los Angeles to the lowest value of $22,500 in Los Angeles. Foreclosure homes account for 0.00% of properties in California with Los Angeles containing 4541 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in California with Los Angeles containing 3260 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 58 counties within California; of those counties, the estimated home value for pre-foreclosure homes ranges from $19,995,000 in San Diego to the lowest home value of $22,500 in Los Angeles.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in California ranges from the highest value of $21,995,000 in Los Angeles to the lowest value of $40,820 in Siskiyou. Bank owned homes and properties account for 0.01% of properties in California. There are 58 counties within California; Los Angeles containing 233 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Los Angeles has 1048 auction properties, the highest number of properties going to auction in a single county in the state of California. Auction homes and other auction properties account for 0.04% of all properties in California. There are 58 counties within California; of those counties, the median estimated home value for homes going to auction ranges from $18,991,875 in Los Angeles to the lowest value of $49,000 in Los Angeles.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.33% of residential properties in California with Los Angeles containing 8614 homes for sale, the highest number of listed properties in a single county. There are 58 counties within California; homes for sale in those counties, have a range of median values from $50,138,550 in Los Angeles to the lowest value of $22,500 in Los Angeles.
    Sold Homes
    The median value for recently sold homes ranges from $49,444,000 in Los Angeles to the lowest price of $20,000 in Los Angeles. There are 58 counties within California. Los Angeles has 69350 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 3.44% of properties in California.

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