California’s housing market is moving into a period of steadier, more predictable growth, with home prices projected to rise by about 3% to 4% annually through 2028. That’s a welcome shift from the volatility of recent years. Active listings have climbed to approximately 156,300 homes, offering buyers greater selection and taking some of the pressure out of the market, as inventory is expected to continue increasing through 2027.
Affordability remains a real challenge—only around 18% of California households now qualify for a typical mortgage, down from 31%. This keeps entry-level homes extremely competitive. Most homes are still selling near 100% of their asking price, with 30-year fixed rates hovering around 6% and expected to remain in that range. It’s also worth noting that major urban areas like Los Angeles County may not see a return to previous sales levels until after 2028, even as broader conditions across the state point toward more stability.
For those navigating this evolving landscape—whether you’re buying, selling, or investing—having a refined, strategic approach makes all the difference. That’s why we’re committed to delivering tailored solutions designed to help you make the most of every opportunity.
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