10/19/2026
California Housing Market Settles Into Steadier Growth | Real Estate Guidance You Can Trust for Life
California’s housing market appears to be entering a more stable phase, with home prices projected to rise modestly—about 3% to 4% annually through 2028. This shift toward steadier growth means we’re moving away from the dramatic surges of the past, offering both buyers and sellers a more predictable landscape. Inventory is on the rise as well: with approximately 156,300 active listings, buyers in California are enjoying greater selection and less pressure to make snap decisions, a trend expected to continue into 2027. Yet, affordability remains a significant challenge. Only about 18% of households currently qualify for a typical mortgage—down from 31%—which keeps competition especially fierce for entry-level homes. Properties are still selling at nearly 100% of asking price, while 30-year fixed rates remain near 6% and are likely to hold steady. In Los Angeles County and other major urban centers, a return to pre-pandemic sales momentum may take until after 2028. As always, my approach is grounded in strategic analysis and clear communication, guiding clients through shifting market conditions with clarity and calm. For those navigating California’s complex market, understanding these patterns is key to making confident decisions.
