News

California Home Sales Rise From Last Year as Median Home Price Breaks a New Record in May Existing, single-family home sales increased 5.1 percent year over year to 268,810 in May on a seasonally adjusted, annualized basis and were down 3.1 percent from 277,360 in April. The statewide median home price reached a record high for the second straight month to $930,260, up 2.3 percent from April’s downwardly revised price of $909,410 and up 3.1% from $902,040 in May 2025. Year-to

New N.A.R. report.. First-time buyers climbed to 35% of all buyers (the highest share since June 2020) as modest inventory improvements opened new entry points in the housing market. Despite the gain, overall market sentiment cooled: the REALTORS® Confidence Index Market Outlook retreated for both buyers and sellers on a monthly basis. Full report: https://www.nar.realtor/research-and-statistics/research-reports/realtors-confidence-index

Happy Father's Day to all of the fathers in our REALTOR® family! Enjoy this day and share memories with your family.