January home sales and price report

California home sales decline in January to lowest level since May 2025 amid 23-month price low, C.A.R. reports

• Existing, single-family home sales totaled 256,550 in January on a seasonally adjusted annualized rate, down 10.8 percent from 287,570 in December and down 1.3 percent from 260,040 in January 2025.

  
  

• January’s statewide median home price was $823,180, down 3.2 percent from $850,680 in December and down from $839,130 in January 2025.

  
  

• Year-to-date statewide home sales were down 1.3 percent in January.

For full report, visit https://www.car.org/aboutus/mediacenter/newsreleases/2026releases/jan2026sales

Happy Lunar New Year!

Happy Lunar New Year!

Lunar New Year is significant as a major cultural holiday marking the start of spring and a new year on the lunisolar calendar, emphasizing family reunion, honoring ancestors, driving away bad luck, and welcoming good fortune.

Fourth-quarter 2025 Housing Affordability Report

California housing affordability improves from third-quarter 2025 and a year ago, C.A.R. reports

Eighteen percent of California households could afford to purchase the $869,300 median-priced home in the fourth quarter of 2025, up from 17 percent in third-quarter 2025 and up from 16 percent in fourth-quarter 2024.

A minimum annual income of $213,200 was needed to make monthly payments of $5,330, including principal, interest, taxes and insurance on a 30-year fixed-rate mortgage at a 6.35 percent interest rate.

Twenty-eight percent of home buyers were able to purchase the $650,000 median-priced condo or townhome. A minimum annual income of $159,200 was required to make a monthly payment of $3,980.

For full report, visit on.car.org/Q42025HAIrelease