Southern California Housing Market: Prices and Forecast 2025
Southern California Housing Market: Prices and Forecast 2025
Southern California's housing market shows a median sold price of $860,000 for single-family homes, with a slight 1.2% year-over-year increase but a 1.6% month-to-month dip. Sales volume declined 3.1% year-over-year, reflecting cautious buyer activity amid persistent mortgage rates and economic uncertainty. County trends vary, with Orange and Ventura counties showing price growth, while sales slow in Los Angeles. The market is stabilizing with modest price appreciation expected and inventory gradually increasing.