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March Home Sales and Price Report

Apr 22
1 min read

C.A.R. release:

April 21, 2026


California’s housing market remained sluggish in March as geopolitical tensions push mortgage rates higher, C.A.R. reports


  • Existing, single-family home sales totaled 265,320 in March on a seasonally adjusted basis, down 3.5percent from February and down 2.5 percent from 272,020 in March 2025.

  • The statewide median home price soared 7.1 percent to $889,190 in March and inched up 0.4 percent from $885,900 in March 2025.

  • Year-to-date statewide home sales fell 1.3 percent.


SACRAMENTO (April 21) – California’s housing market retreated in March as the Iran conflict, surging energy prices and financial market volatility kept potential homebuyers and sellers in hibernation mode, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.




 
 
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