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The median home price in California has reached $888,740 for July 2024 (data compiled by the California Association of Realtors – CAR.) That’s a 3.4% increase, year to year, from August 2023, when the median home price in the state was $859,800. The housing market saw 262,050 existing home sales, which represents a 2.8% increase year-over-year (YTY) and a 0.5 % increase year-to-date (YTD). The unsold inventory index stood at 3.2 months, reflecting a 33.3% increase year-over-year. Additionally, the median number of days homes spent on the market was 22 days, a 25.7% increase from the same period last year.
The counties with July’s highest median prices are all in the Bay Area:
- San Francisco County: $1,528,500
- San Mateo County: $1,900,000
- Santa Clara County: $1,851,830
- Marin County: $1,450,000
The counties with the next highest median prices are:
- Orange County: $1,400,000
- Santa Cruz County: $1,300,000
- Alameda County: $1,272,500
CALIFORNIA MEDIAN HOME PRICES AS OF AUGUST 2024
The full breakdown by county, statewide, from CAR’s Current Sales Price and Statistics:
August 2024 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)
|
August 2024 |
Median Sold Price of Existing Single-Family Homes |
Sales |
|||||||
|
State/Region/County |
Aug.2024 |
Jul-2024 |
Aug.2023 |
Price MTM% Chg |
Price YTY% Chg |
Sales MTM% Chg |
Sales YTY% Chg |
||
|
CA Single-family home |
$888,740 |
$886,560 |
|
$859,670 |
0.2% |
3.4% |
-6.3% |
2.8% |
|
|
CA Condo/Townhomes |
$665,000 |
$680,000 |
|
$680,000 |
-2.2% |
1.2% |
1.1% |
0.8% |
|
|
Los Angeles Metro Area |
$827,000 |
$849,000 |
$849,000 |
-2.6% |
4.4% |
-5.7% |
-3.5% |
||
|
Inland Empire |
$585,260 |
$600,000 |
$569,990 |
-2.5% |
2.7% |
-7.1% |
-3.4% |
||
|
San Francisco Bay Area |
$1,240,000 |
$1,300,000 |
$1,260,000 |
-4.6% |
-1.6% |
-8.3% |
4.8% |
||
|
San Francisco Bay Area |
|||||||||
|
Alameda |
$1,272,500 |
$1,280,000 |
$1,250,000 |
-0.6% |
1.8% |
-12.6% |
1.4% |
||
|
Contra Costa |
$841,950 |
$916,500 |
$844,440 |
8.1% |
0.3% |
-0.4% |
1.0% |
||
|
Marin |
$1,450,000 |
$1,594,000 |
$1,475,000 |
-9.0% |
1.7% |
29.9% |
8.0% |
||
|
Napa |
$976,500 |
$1,052,500 |
$1,055,000 |
-7.2% |
-7.4% |
7.0% |
-12.0% |
||
|
San Francisco |
$1,528,500 |
$160,000 |
$1,576,000 |
-4.5% |
-3.0% |
-24.4% |
9.7% |
||
|
San Mateo |
$1,900,000 |
$2,100,000 |
$1,950,000 |
-9.5% |
-2.6% |
-0.4% |
3.3% |
||
|
Santa Clara |
$1,851,830 |
$1,880,000 |
$1,852,500 |
-1.5% |
0.0% |
-7.0% |
7.1% |
||
|
Solano |
$600,000 |
$586,400 |
$599,000 |
2.3% |
0.2% |
6.1% |
7.4% |
||
|
Sonoma |
$809,160 |
$850,000 |
$850,000 |
-4.8% |
-4.8% |
-5.8% |
15.3% |
||
|
Southern California |
|||||||||
|
Los Angeles |
$919,890 |
$909,010 |
$882,010 |
1.2% |
4.3% |
-3.2% |
0.0% |
||
|
Orange |
$1,400,000 |
$1,390,000 |
$1,310,000 |
0.7% |
6.9% |
-6.5% |
-7.3% |
||
|
Riverside |
$630,000 |
$650,000 |
$618,000 |
-3.1% |
1.9% |
-8.4% |
-4.2% |
||
|
San Bernardino |
$515,000 |
$515,000 |
$495,000 |
0.0% |
4.0% |
-4.9% |
-2.0% |
||
|
San Diego |
$1,010,000 |
$1,020,000 |
$1,000,000 |
-1.0% |
1.0% |
-4.7% |
3.2% |
||
|
Ventura |
$965,000 |
$972,000 |
$915,000 |
-0.7% |
5.5% |
-10.5% |
-13.8% |
||
|
Central Coast |
|||||||||
|
Monterey |
$900,000 |
$945,000 |
$897,000 |
-4.8% |
0.3% |
0.0% |
-16.1% |
||
|
San Luis Obispo |
$942,500 |
$1,035,000 |
$868,810 |
-8.9% |
8.5% |
-2.9% |
9.9% |
||
|
Santa Barbara |
$1,062,450 |
$827,500 |
$1,295,000 |
28.0% |
-18.0% |
-3.4% |
11.1% |
||
|
Santa Cruz |
$1,300,000 |
$1,355,000 |
$1,200,000 |
-4.1% |
8.3% |
0.8% |
9.1% |
||
|
Central Valley |
|||||||||
|
Fresno |
$434,940 |
$420,000 |
|
$425,000 |
3.6% |
2.3% |
-8.3% |
5.2% |
|
|
Glenn |
$325,000 |
$330,500 |
$321,000 |
-1.7% |
1.2% |
-6.3% |
25.0% |
||
|
Kern |
$399,500 |
$413,000 |
$394,500 |
-3.3% |
1.3% |
-8.7% |
-1.3% |
||
|
Kings |
$380,000 |
$369,000 |
$382,500 |
3.0% |
-0.7% |
-11.1% |
5.9% |
||
|
Madera |
$430,750 |
$424,350 |
$453,000 |
1.5% |
-4.9% |
24.0% |
20.3% |
||
|
Merced |
$415,000 |
$413,500 |
$385,000 |
0.4% |
7.8% |
8.1% |
6.8% |
||
|
Placer |
$675,000 |
$670,000 |
$669,000 |
0.7% |
0.9% |
-2.5% |
-0.2% |
||
|
Sacramento |
$559,000 |
$560,000 |
$535,000 |
-0.2% |
4.5% |
-2.6% |
4.0% |
||
|
San Benito |
$812,500 |
$778,000 |
$745,000 |
4.4% |
4.5% |
-8.1% |
8.1% |
||
|
San Joaquin |
$560,000 |
$585,000 |
$545,950 |
-4.3% |
4.7% |
9.9% |
13.3% |
||
|
Stanislaus |
$475,000 |
$485,000 |
$465,000 |
-2.1% |
2.2% |
-11.0% |
-7.3% |
||
|
Tulare |
$380,000 |
$380,000 |
$370,520 |
0.0% |
2.2% |
-6.5% |
-14.2% |
||
|
Other Calif. Counties |
|||||||||
|
Amador |
$431,000 |
$399,000 |
$490,000 |
8.0% |
-12.0% |
6.7% |
-15.8% |
||
|
Calaveras |
$505,000 |
$474,000 |
$475,000 |
6.5% |
6.3% |
-3.5% |
7.8% |
||
|
Del Norte |
$450,000 |
$400,000 |
$382,500 |
12.5% |
17.6% |
0.0% |
-16.7% |
||
|
El Dorado |
$650,000 |
$695,000 |
$657,000 |
-6.5% |
-1.1% |
3.5% |
-16.3% |
||
|
Humboldt |
$434,500 |
$442,500 |
$421,000 |
-1.8% |
3.0% |
1.8% |
21.7% |
||
|
Lake |
$329,950 |
$350,000 |
$325,000 |
-5.7% |
1.5% |
0.0% |
-11.4 |
||
|
Mariposa |
$410,000 |
$472,500 |
$480,000 |
-13.2% |
-14.6% |
-8.3% |
-45.0% |
||
|
Mendocino |
$567,500 |
$549,500 |
$560,000 |
3.3% |
1.3% |
-10.0% |
25.6 |
||
|
Mono |
$1,160,000 |
$680,000 |
$970,000 |
70.6% |
19.6% |
-18.2% |
12.5% |
||
|
Nevada |
$560,000 |
$609,480 |
$555,000 |
-8.1% |
0.9% |
-20.5% |
-18.5% |
||
|
Sutter |
$416,500 |
$435,000 |
$425,000 |
-4.3% |
-2.0% |
41.7% |
-22.7% |
||
|
Tuolumne |
$420,950 |
$385,000 |
$389,000 |
9.3% |
8.1% |
2.9% |
-25.5% |
||
|
Yolo |
$420,950 |
$610,000 |
$622,500 |
1.8% |
-0.2% |
0.0% |
1.7% |
||
|
Yuba |
$420,950 |
$438,400 |
$449,500 |
2.2% |
-0.3% |
11.8% |
37.1% |
||
|
Butte |
$458,000 |
$430,000 |
$436,250 |
6.5% |
5.0% |
22.5% |
21.1% |
||
|
Lassen |
$236,000 |
$265,000 |
$225,000 |
-10.9% |
4.9% |
-6.3% |
34.8% |
||
|
Plumas |
$547,420 |
$528,000 |
$412,000 |
3.7% |
32.9% |
21.2% |
-16.7% |
||
|
Siskiyou |
$305,500 |
$326,770 |
$305,500 |
-6.5% |
0.0% |
-15.9% |
15.6% |
||
|
Tehama |
$380,000 |
$290,000 |
$305,500 |
-31.0% |
21.8% |
-13.8% |
-21.1% |
||
|
Trinity |
$280,000 |
$297,500 |
$205,000 |
-5.9% |
36.6% |
12.5% |
50.0% |
||
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