California Sales and Price Report for June 2026 Single Family Homes

Calif Sales and Price Report 6-2026

• Southern California had a 10.8 percent year-over-year increase in home sales.
• Southern California had a 2.3 percent year-over-year gain in median home price.
• Housing inventory statewide declined from 3.8 months last year to 3.1 months in June, 2026 . Looking ahead, housing supply is likely to remain constrained in the months ahead.
• The 30-year, fixed-mortgage interest rate averaged 6.49 percent in June, down from 6.82 percent in June 2025, according to California Association of Realtor's calculations based on Freddie Mac’s weekly mortgage survey data. 

 

Calif Regional Sales and Price Activity 6-2026

The Central Coast and Far North areas of California had largest year-over-year median price increase and largest increases in sales volume for single family houses.

Per C.A.R.: 

"Existing, single-family home sales totaled 279,880 in June on a seasonally adjusted annualized rate, up 4.1 percent from May and 6.0 percent from June 2025. 

"The statewide median home price declined to $904,640, down 2.8 percent from its record-breaking price of $930,260 in May, but up 0.4 percent from $901,310 in June 2025.

"Year-to-date sales increased 1.9 percent."

 

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

Long Beach Single Family Market March 2026 Slide Presentation

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Long Beach, California March 2026 Housing Market Trends

Single Family Residence

- Months Supply: 1.9 months (MoM 11%; YoY -4%)
- Median Sold Price: $1,044,000 (MoM 7%)
- Sold-to-List Ratio: 99.81% (MoM -0%)
- Median Days on Market: 14 days
- Listing Snapshot: New: 199 ($1,095,000); Active: 226 ($1,162,500); Pending: 135 ($949,950)

Long Beach offers vibrant cultural experiences throughout the diverse downtown and neighboring market areas. As market conditions evolve, understanding inventory trends and timing your sale and purchase can create opportunities for you in 2026. 

For expert guidance in navigating both buying and selling in Long Beach, contact Julia Huntsman at Huntsman Properties.

 

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

California Housing Market Projection for 2026

California Assoc of REALTORS 2026 Prediction

The 2026 Housing Market Forecast is out, and the overall prediction is that the median price will continue to inch up from the 2025 median of $873,900 to a 2026 median of $905,000.

Resale volume is still under the 2021 level, and in 2026 will be projected to 274,400 units, well under the 444,500 level of 2021, but ahead of the 2025 level of 269,000 units.

Per the California Association of REALTORS:

"Inflation will likely pick up in the next 12 months, but the annual average Consumer Price Index (CPI) for 2025 will dip slightly to 2.8 percent, before bouncing back up to an average of 3.0 percent next year. The average 30-year, fixed mortgage interest rate will moderate slightly to 6.6 percent in 2025 but will decline more solidly to 6.0 percent in 2026. While next year’s projected average for the 30-year fixed mortgage interest rate will still be higher than the levels observed in the few years prior to the pandemic, it will be lower than the long-run average of nearly 8% in the past 50 years." (Per Bankrate: September 18, 2025, the current average 30-year fixed mortgage interest rate is 6.23%.)

Housing affordability is expected to inch up to 18 percent next year after edging up to a projected 17 percent in 2025 from 16 percent in 2024. 

“As economic uncertainty begins to clear up in the next 12 months and mortgage rates start declining more consistently in the upcoming quarters, housing sentiment will see some improvement in 2026,” said C.A.R. Senior Vice President and Chief Economist Jordan Levine. “However, mounting headwinds such as the ongoing trade tensions between the U.S. and its trading partners, the home insurance crisis, and a potential stock market bubble will remain challenges for the housing market in upcoming year,” Levine continued.               

The complete Market Forecast will be posted soon on the CAR website.

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996