The California housing market in April 2026 showed renewed momentum, with sales posting their strongest year-over-year gain in seven months. At the same time, home prices reached new highs, reflecting continued demand despite tightening inventory conditions.
Key Market Highlights:
- Existing home sales increased +4.1% year over year, the strongest gain in 7 months
- Total sales reached 275,580 units in April
- Median home price climbed to a record high of $889,190
- Prices rose +0.4% year over year and +2.9% month over month
- Inventory remained tight at 3.3 months of supply, slightly below last year
California’s market continues to show strong demand and price resilience, even as inventory remains constrained. With sales rebounding and prices reaching record highs, conditions still favor sellers, though limited supply may continue to shape affordability and buyer competition.
Download the April 2026 California Real Estate Market Report