California Home Values & Market Trends

There have been 336,912 properties sold in the California real estate market trends. Median home values in the California housing market are $755,146.44. The median residential home value for transactions over the last 12 months is 637,214.973. The State of California currently has 10,395 properties in foreclosure, 1,146 bank owned properties, and 3,853 headed for auction.

California Real Estate Market Overview

CountyMedian Est. ValueCountyMedian Est. Value
Los Angeles

$ 873,051

$ 571/sqft

Humboldt

$ 434,400

$ 285/sqft

Riverside

$ 633,076

$ 336/sqft

San Joaquin

$ 534,750

$ 295/sqft

Orange

$ 1,172,474

$ 626/sqft

Tuolumne

$ 429,000

$ 247/sqft

San Bernardino

$ 475,815

$ 290/sqft

Calaveras

$ 557,400

$ 279/sqft

San Diego

$ 881,703

$ 578/sqft

Santa Cruz

$ 1,102,000

$ 797/sqft

Kern

$ 315,250

$ 197/sqft

Siskiyou

$ 329,740

$ 205/sqft

Ventura

$ 899,000

$ 507/sqft

Yolo

$ 559,150

$ 325/sqft

Contra Costa

$ 748,950

$ 499/sqft

Merced

$ 390,750

$ 243/sqft

Alameda

$ 924,625

$ 652/sqft

Del Norte

$ 382,750

$ 217/sqft

Tulare

$ 356,875

$ 220/sqft

Marin

$ 1,197,204

$ 694/sqft

Fresno

$ 405,500

$ 243/sqft

Mendocino

$ 547,100

$ 265/sqft

Santa Clara

$ 1,401,000

$ 841/sqft

Nevada

$ 784,900

$ 435/sqft

San Luis Obispo

$ 929,750

$ 531/sqft

Plumas

$ 422,500

$ 219/sqft

Sacramento

$ 547,600

$ 343/sqft

Stanislaus

$ 478,534

$ 267/sqft

Shasta

$ 379,900

$ 241/sqft

Amador

$ 429,700

$ 259/sqft

San Francisco

$ 1,267,000

$ 1,010/sqft

Mariposa

$ 295,100

$ 186/sqft

Santa Barbara

$ 1,177,500

$ 734/sqft

Inyo

$ 503,350

$ 259/sqft

Butte

$ 424,750

$ 265/sqft

Tehama

$ 280,400

$ 211/sqft

Placer

$ 746,625

$ 375/sqft

Modoc

$ 144,053

$ 91/sqft

Kings

$ 325,989

$ 213/sqft

San Benito

$ 794,000

$ 392/sqft

Solano

$ 530,226

$ 342/sqft

Trinity

$ 438,250

$ 167/sqft

San Mateo

$ 1,659,750

$ 948/sqft

Mono

$ 644,875

$ 387/sqft

Lake

$ 367,500

$ 233/sqft

Glenn

$ 333,750

$ 237/sqft

Napa

$ 1,062,434

$ 609/sqft

Sutter

$ 412,500

$ 253/sqft

Monterey

$ 945,375

$ 559/sqft

Yuba

$ 459,999

$ 250/sqft

Madera

$ 465,000

$ 235/sqft

Lassen

$ 231,150

$ 145/sqft

El Dorado

$ 747,100

$ 443/sqft

Alpine

$ 1,432,500

$ 440/sqft

Sonoma

$ 799,000

$ 464/sqft

Sierra

$ 435,500

$ 255/sqft

Imperial

$ 329,888

$ 205/sqft

Colusa

$ 659,300

$ 341/sqft

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Housing Market Summary for California

Mar 2023February 2024Change
Median Listing Price$697.5K$749.1K7.40%
Median Sold Price$742.9K$749.1K0.83%
Homes For Sale27,86029,7266.70%
Homes Sold293,440293,5680.04%
Price
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Homes For Sale
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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 30,049 properties for sale in California. The current home value ranges in price from 995 to 195,000,000. The total count of properties in the state is 9,614,330, and the percentage of properties for sale is 30049.00%.

Foreclosure
There are 58 counties within California; within these counties, the median estimated home value for homes in foreclosure ranges from $802,400 in Modoc to the lowest value of $48,640 in Modoc. Foreclosure homes account for 0.00% of properties in California with Los Angeles containing 2705 foreclosures, the highest number of foreclosure properties in a single county.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in California with Los Angeles containing 1374 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 $24,995,000 in San Mateo to the lowest home value of $65,860 in Siskiyou.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in California ranges from the highest value of $7,616,000 in San Mateo to the lowest value of $48,640 in Modoc. Bank owned homes and properties account for 0.01% of properties in California. There are 58 counties within California; Los Angeles containing 241 REO properties, has the highest number of bank owned properties in a single county.
  • Auctions
    Los Angeles has 1090 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 $13,250,000 in Santa Cruz to the lowest value of $65,590 in Santa Cruz.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in California with Los Angeles containing 8165 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 $1,490,000 in Alpine to the lowest value of $44,303 in San Bernardino.
    Sold Homes
    The median value for recently sold homes ranges from $1,260,000 in San Benito to the lowest price of $23,580 in San Benito. There are 58 counties within California. Los Angeles has 61223 recently sold homes, the highest number of recently sold properties in a single county. Recently sold homes and properties account for 2.99% of properties in California.

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      Guide for California

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California
      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.

      Stability and Growth in the San Bernardino Real Estate Market – Feb 2024
      California|posted 1 March 2024

      The San Bernardino real estate market is experiencing stability and modest growth. Median property values are consistent, while foreclosures, pre-foreclosures, and auctions present unique investment opportunities due high avg values.