Market Trends: California — June 2026
Key Metrics at a Glance
| Metric | Value | Trend |
|---|---|---|
| Median Sale Price (0–3 Mo) | $953,167 | Decreasing |
| Median $/SF (0–3 Mo) | $522.39 | Stable |
| 12-Mo Linear $/SF Change | -1.0% | Negative |
| Months of Inventory | 2.5 | Tight supply |
| Median Days on Market | 17 | Worsening |
| SP/LP Ratio | 100.0% | Strengthening |
| Sales Volume Change (Qtr) | +12.0% | Increasing |
| Anticipated Marketing Time | 30–60 days | Active market |
Analysis
In summary, the seller's market is best characterized as broadly stable. The anticipated marketing time of 30–60 days reflects current absorption rates. The positive 6-month $/SF trend (+2.0%), paired with a slightly negative 12-month linear $/SF change (-1.0%), indicates that recent activity has firmed values from a softer earlier period. Inventory is tight at 2.5 months, sales volume has edged higher on a quarterly basis, and the SP/LP ratio of 100.0% indicates buyers and sellers are routinely meeting at the list price. Detailed listing, market area, and sales metrics underlying these conclusions are tabulated on the following page.
Market Conditions — Detailed Data
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