The median home price in California has reached $908,040 for May 2024 (data compiled by the California Association of Realtors – CAR.) That’s an 8.7% increase, year to year, from May 2023, when the median home price in the state was $835,280. The housing market saw 272,410 existing home sales, which represents a 6.0% decrease year-over-year (YTY) but remained unchanged year-to-date (YTD). The unsold inventory index stood at 2.6 months, reflecting a 23.8% increase year-over-year. Additionally, the median number of days homes spent on the market was 16 days, a 5.9% decrease from the same period last year.
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The counties with May’s highest median prices are all in the Bay Area:
- San Francisco County: $1,745,000
- San Mateo County: $2,400,000
- Santa Clara County: $2,100,000
- Marin County: $1,800,000
The counties with the next highest median prices are:
- Orange County: $1,422,500
- Santa Cruz County: $1,355,000
- Santa Barbara County: $1,375,000
The full breakdown by county, statewide, from CAR’s Current Sales Price and Statistics:
May 2024 County Sales and Price Activity
(Regional and condo sales data not seasonally adjusted)
|
May 2024 |
Median Sold Price of Existing Single-Family Homes |
Sales |
|||||||
|
State/Region/County |
May.2024 |
Apr-2024 |
May.2023 |
Price MTM% Chg |
Price YTY% Chg |
Sales MTM% Chg |
Sales YTY% Chg |
||
|
CA Single-family home |
$908,040 |
$904,210 |
|
$835,280 |
0.4% |
8.7% |
-1.1% |
6.0% |
|
|
CA Condo/Townhomes |
$690,000 |
$688,000 |
|
$635,000 |
0.3% |
8.7% |
7.0% |
1.5% |
|
|
Los Angeles Metro Area |
$840,000 |
$840,000 |
$765,000 |
0.0% |
9.8% |
9.4% |
-1.1% |
||
|
Inland Empire |
$598,490 |
$607,000 |
$574,990 |
-1.4% |
4.1% |
5.7% |
-5.9% |
||
|
San Francisco Bay Area |
$1,455,000 |
$1,444,000 |
$1,300,000 |
0.8% |
11.9% |
10.1% |
4.3% |
||
|
San Francisco Bay Area |
|||||||||
|
Alameda |
$1,375,000 |
$1,401,250 |
$1,260,000 |
-1.9% |
9.1% |
12.6% |
6.1% |
||
|
Contra Costa |
$942,500 |
$940,000 |
$888,000 |
0.3% |
6.1% |
9.2% |
0.4% |
||
|
Marin |
$1,800,000 |
$1,700,000 |
$1,800,000 |
5.9% |
0.0% |
28.7% |
5.1% |
||
|
Napa |
$987,000 |
$950,000 |
$888,500 |
3.9% |
11.1% |
-11.9% |
-7.5% |
||
|
San Francisco |
$1,690,000 |
$1,800,000 |
$1,654,000 |
-6.1% |
2.2% |
1.8% |
20.4% |
||
|
San Mateo |
$2,400,000 |
$2,150,000 |
$2075,000 |
11.6% |
15.7% |
11.5% |
13.4% |
||
|
Santa Clara |
$2,100,000 |
$2,000,000 |
$1,788,000 |
5.0% |
17.4% |
14.2% |
13.7% |
||
|
Solano |
$605,000 |
$590,000 |
$600,000 |
2.5% |
0.8% |
-0.7% |
-20.3% |
||
|
Sonoma |
$880,450 |
$850,000 |
$860,000 |
3.6% |
2.4% |
8.5% |
-0.6% |
||
|
Southern California |
|||||||||
|
Los Angeles |
$811,610 |
$825,970 |
$774,770 |
-1.7% |
9.0% |
11.7% |
-2.6% |
||
|
Orange |
$1,422,500 |
$1,440,000 |
$1,256,500 |
-1.2% |
13.2% |
11.9% |
12.2% |
||
|
Riverside |
$650,000 |
$650,000 |
$629,000 |
0.0% |
3.3% |
4.4% |
-7.7% |
||
|
San Bernardino |
$488,900 |
$516,080 |
$455,000 |
-5.3% |
7.5% |
8.2% |
-2.2% |
||
|
San Diego |
$1,025,000 |
$1,047,500 |
$935,000 |
-2.1% |
9.6% |
6.2% |
0.7% |
||
|
Ventura |
$925,000 |
$940,000 |
$925,500 |
-1.6% |
-0.1% |
6.4% |
-2.1% |
||
|
Central Coast |
|||||||||
|
Monterey |
$1,047,000 |
$986,500 |
$902,000 |
6.1% |
16.1% |
-26.9% |
11.8% |
||
|
San Luis Obispo |
$885,000 |
$894,500 |
$874,500 |
-1.1% |
1.2% |
-1.1% |
-21.4% |
||
|
Santa Barbara |
$1,375,000 |
$1,400,000 |
$1,275,000 |
-1.8% |
7.8% |
18.6% |
33.6% |
||
|
Santa Cruz |
$1,355,000 |
$1,420,000 |
$1,352,500 |
-4.6% |
0.2% |
-10.7% |
-10.0% |
||
|
Central Valley |
|||||||||
|
Fresno |
$425,000 |
$421,940 |
|
$420,000 |
0.7% |
1.2% |
10.7% |
-8.0% |
|
|
Glenn |
$395,250 |
$362,000 |
$345,000 |
-9.0% |
-4.6% |
20.0% |
-36.8% |
||
|
Kern |
$400,000 |
$377,000 |
$379,320 |
6.1% |
5.5% |
12.7% |
3.2% |
||
|
Kings |
$361,000 |
$379,000 |
$370,000 |
-4.7% |
-2.4% |
8.2% |
8.2% |
||
|
Madera |
$429,000 |
$457,500 |
$411,610 |
-6.2% |
4.2% |
-2.2% |
1.5% |
||
|
Merced |
$400,000 |
$399,000 |
$395,000 |
0.3% |
1.3% |
-10.0% |
8.0% |
||
|
Placer |
$675,000 |
$671,740 |
$682,500 |
0.5% |
-1.1% |
10.9% |
10.4% |
||
|
Sacramento |
$555,000 |
$548,580 |
$535,000 |
1.2% |
3.7% |
13.5% |
-1.9% |
||
|
San Benito |
$734,950 |
$807,500 |
$735,000 |
-9.0% |
0.0% |
31.3% |
2.4% |
||
|
San Joaquin |
$560,000 |
$540,000 |
$531,950 |
3.7% |
5.3% |
2.8% |
-8.0% |
||
|
Stanislaus |
$489,500 |
$485,000 |
$463,500 |
0.9% |
5.6% |
11.6% |
2.2% |
||
|
Tulare |
$383,640 |
$379,990 |
$375,060 |
1.o% |
2.3% |
18.0% |
14.3% |
||
|
Other Calif. Counties |
|||||||||
|
Amador |
$420,000 |
$426,500 |
$449,000 |
-1.5% |
-6.5% |
-22.9% |
-21.3% |
||
|
Calaveras |
$471,000 |
$493,000 |
$550,000 |
-4.5% |
-14.4% |
18.3% |
12.7% |
||
|
Del Norte |
$230,000 |
$445,000 |
$315,000 |
-48.3% |
-27.0% |
8.3% |
-31.6% |
||
|
El Dorado |
$699,000 |
$757,000 |
$660,000 |
-7.7% |
5.9% |
-4.5% |
-5.8% |
||
|
Humboldt |
$450,000 |
$400,000 |
$435,000 |
12.5% |
3.4% |
22.6% |
24.1% |
||
|
Lake |
$351,250 |
$340,000 |
$398,000 |
3.3% |
-11.7% |
22.0% |
9.1% |
||
|
Mariposa |
$502,500 |
$549,500 |
$382,500 |
-8.6% |
31.4% |
-18.2% |
12.5% |
||
|
Mendocino |
$477,500 |
$583,500 |
$532,500 |
-18.2% |
-10.3% |
0.0% |
35.3% |
||
|
Mono |
$812,500 |
$1,077,380 |
$850,000 |
-24.6% |
-4.4% |
166.7% |
14.3% |
||
|
Nevada |
$560,000 |
$599,000 |
$552,500 |
-6.5% |
1.4% |
19.3% |
15.1% |
||
|
Sutter |
$427,500 |
$428,500 |
$439,500 |
-0.2% |
-2.7% |
70.6% |
3.6% |
||
|
Tuolumne |
$430,000 |
$452,000 |
$424,500 |
-4.9% |
1.3% |
14.5% |
-1.6% |
||
|
Yolo |
$635,980 |
$615,000 |
$646,730 |
6.3% |
1.1% |
0.0% |
-5.0% |
||
|
Yuba |
$449,950 |
$427,950 |
$440,990 |
5.1% |
2.0% |
-6.5% |
-5.5% |
||
|
Butte |
$442,000 |
$450,000 |
$436,950 |
1.8% |
1.2% |
33.3% |
10.7% |
||
|
Lassen |
$274,500 |
$205,000 |
$224,900 |
33.9% |
22.1% |
0.0% |
-15.8% |
||
|
Plumas |
$529,000 |
$320,000 |
$355,000 |
65.3% |
49.0% |
45.0% |
70.6% |
||
|
Siskiyou |
$334,500 |
$281,500 |
$256,000 |
18.8% |
30.7% |
7.1% |
-16.7% |
||
|
Tehama |
$350,000 |
$309,750 |
$348,000 |
13.0% |
0.6% |
20.0% |
-38.5% |
||
|
Trinity |
$360,000 |
$212,000 |
$263,250 |
69.8% |
36.8% |
120.0% |
10.0% |
||
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