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
|County||Median Est. Value||County||Median Est. Value|
|San Luis Obispo|
Housing Market Summary for California
|Aug 2022||August 2023||Change|
|Median Listing Price||$713.6K||$754.3K||5.69%|
|Median Sold Price||$766.7K||$754.3K||-1.62%|
|Homes For Sale||39,416||31,291||-20.61%|
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in California
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%.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsLos 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.