Overview

• Statewide closed sales reached a seasonally adjusted annualized rate of 264,240 in August, up 0.9% from July and down 0.2% from a year earlier.
• California’s median price rose to $899,140, a 1.7% month-over-month increase and 1.2% higher than August 2024.
• Los Angeles County sales fell 16% from July but rose 12.3% year over year, with the median price up to $930,720.
• San Diego County sales edged up 1.3% from July as the median slipped to $1.02 million, while Riverside sales dropped 6.2% month over month with a $625,000 median.
• Orange County posted a 4.3% monthly sales decline and a $1.38 million median price, and CAR noted county figures are not seasonally adjusted, contributing to discrepancies with statewide trends.