Cresco Intelligence · Market Reports

California Housing Market Report: Q3 2026.

California’s median price held near $900,000 through the third quarter while sales slowed in September as mortgage rates rose. Here are the numbers for the state, its regions and its major counties, with the full report free to download.

By Cresco Intelligence, the research desk of Cresco Real Estate. Licensed UAE brokerage, RERA ORN 34288, with a US office in Los Angeles. Published 6 November 2026.

The short answer

What happened to California housing in Q3 2026?

  • The statewide median for existing single family sales was $887,680 in July, $901,420 in August and $899,720 in September, up 1.7% year on year.
  • The sales pace fell to 260,410 (seasonally adjusted annual rate) in September, down 6.5% on a year earlier.
  • The 30 year fixed rate averaged 6.86% in September, against 6.35% a year earlier.
  • San Mateo had the highest major county median at $2,327,500; Kern was among the lowest at $420,000.
$899,720Statewide median, September 2026
260,410Sales pace, September (annual rate)
29 daysMedian days on market, September
3.7 monthsUnsold inventory index, September

Statewide: prices steady, sales softer

The median held in a tight band all quarter. The sales pace rose to 269,620 in August, then dropped to 260,410 in September. Year to date, sales were still up 0.8%.

Listings did not sit long. Median days on market were 29 in September, against 32 a year earlier, and sellers received 98.8% of list price. About 35.9% of September sales closed at $1 million or more.

MeasureJulyAugustSeptember
Median price$887,680$901,420$899,720
Sales pace (annual rate)263,170269,620260,410
Condo and townhouse median$645,000$640,000$640,000
30 year fixed rate6.54%6.67%6.86%

By region

RegionSept 2026 medianPrice, year on yearSales, year on year
Southern California$895,000up 3.0%down 9.1%
San Francisco Bay Area$1,325,000up 1.9%down 3.1%
Central Coast$1,049,500up 4.4%up 4.4%
Central Valley$500,000flatdown 2.5%
Far North$377,150down 3.4%down 9.0%

The Bay Area median is more than three times the Far North median. The Central Coast was the only region where September sales rose.

Major counties and their main cities

County and main citiesSept 2026 medianPrice, year on yearSales, year on year
Los Angeles
Los Angeles, Long Beach, Glendale, Santa Clarita
$994,670up 1.2%down 10.9%
Orange
Anaheim, Santa Ana, Irvine, Huntington Beach
$1,480,000up 5.6%down 2.0%
San Diego
San Diego, Chula Vista, Oceanside, Escondido
$1,050,000up 6.1%down 12.2%
Riverside
Riverside, Moreno Valley, Corona, Temecula
$620,000down 0.6%down 12.7%
San Bernardino
San Bernardino, Fontana, Ontario, Rancho Cucamonga
$531,090up 6.2%down 6.0%
Ventura
Oxnard, Thousand Oaks, Simi Valley, Ventura
$930,000up 3.3%up 6.4%
San Francisco
San Francisco
$2,054,000up 17.4%up 6.2%
San Mateo
Daly City, San Mateo, Redwood City
$2,327,500up 8.3%down 8.6%
Santa Clara
San Jose, Sunnyvale, Santa Clara, Palo Alto
$1,920,000down 4.0%up 1.5%
Alameda
Oakland, Fremont, Hayward, Berkeley
$1,265,000up 1.2%down 4.4%
Contra Costa
Concord, Antioch, Richmond, Walnut Creek
$870,000up 0.1%down 5.7%
Sacramento
Sacramento, Elk Grove, Citrus Heights
$555,000up 2.8%down 2.7%
Fresno
Fresno, Clovis
$429,450down 3.5%down 10.5%
Kern
Bakersfield
$420,000up 3.7%down 3.6%

San Francisco posted the biggest price gain of the major counties, up 17.4%. Santa Clara, which includes San Jose, was down 4.0%. In Southern California, sales fell in every major county except Ventura.

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Frequently asked questions

What was the median sale price in California in Q3 2026?

The California Association of REALTORS reported a statewide median of $887,680 in July, $901,420 in August and $899,720 in September 2026 for existing single family sales. September was up 1.7% year on year.

Which California county is the most expensive?

Among the major counties, San Mateo had the highest September 2026 median at $2,327,500, followed by San Francisco at $2,054,000 and Santa Clara at $1,920,000.

Are California sales going up or down?

Down at the end of the quarter. The September 2026 sales pace was 260,410, down 6.5% year on year, though year to date sales were still up 0.8%.

Sources: C.A.R., September 2026 sales and price report; C.A.R., August 2026 report; C.A.R., July 2026 report. Mortgage rates are Freddie Mac averages as cited by C.A.R.

Method and limits

This is general information, not investment, tax or legal advice. Figures are existing single family medians from the California Association of REALTORS monthly reports for July, August and September 2026, checked on 6 November 2026. A median moves with the mix of what sold. Q3 means July to September 2026.

Get every county in one PDF

The full report covers all 51 counties we could read in the C.A.R. release, with charts, county profiles and sources.