California Real Estate Market Report
California's median home price was $901,420 in August 2026, just 0.1% above a year earlier, while the 30-year mortgage rate climbed to 6.95% by mid-September, the highest weekly reading since January 2025.
Sales picked up 2.4% in August, but homes are taking longer to sell (28 days) and the supply of homes for sale is at a six-month high. Only 19% of California households could afford the median-priced home in the second quarter, and foreclosure starts are rising.
| County (15 largest) | C.A.R. median (Aug '26) | YoY | MoM | Median DOM | Affordability (HAI, Q2 '26) |
|---|---|---|---|---|---|
| Los Angeles | $946,950 | +1.7% | +6.6% | 30 days | 17% |
| San Diego | $1,090,000 | +6.3% | −0.9% | 19 days | 17% |
| Orange | $1,452,500 | +4.9% | −1.5% | 27 days | 15% |
| Riverside | $632,990 | +1.3% | −2.5% | 40 days | 28% |
| San Bernardino | $522,370 | +4.2% | +7.0% | 35.5 days | 34% |
| Santa Clara | $1,900,000 | 0.0% | −2.8% | 12 days | 22% |
| Alameda | $1,285,000 | +1.3% | +0.8% | 14 days | 22% |
| Sacramento | $549,000 | −0.2% | +1.7% | 25 days | 32% |
| Contra Costa | $875,000 | +2.9% | 0.0% | 20 days | 27% |
| Fresno | $430,000 | −3.7% | −4.4% | 21 days | 36% |
| Kern | $400,500 | −3.5% | −2.3% | 28 days | 37% |
| Ventura | $925,000 | −1.3% | −2.6% | 37 days | 19% |
| San Francisco | $1,875,000 | +25.0% | −8.5% | 34 days | 18% |
| San Joaquin | $560,000 | +4.7% | 0.0% | 31 days | 32% |
| San Mateo | $2,250,000 | +13.2% | +1.8% | 11 days | 18% |
| California statewide | $901,420 | +0.1% | +1.6% | 28 days | 19% |
| Edition | Market data through | Full report |
|---|---|---|
| September 2026 (latest) | August 2026 | Read the September 2026 edition |
| August 2026 | July 2026 | Read the August 2026 edition |
| July 2026 | June 2026 | Read the July 2026 edition |
| June 2026 | May 2026 | Read the June 2026 edition |
| May 2026 | April 2026 | Read the May 2026 edition |
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About North Coast Financial, Inc.
North Coast Financial has experience funding hard money loans across California since 1981. With over $1 billion in loans funded, we have a ground-level view of how California real estate markets shift across cycles, rate environments, and regional conditions.
This monthly analysis is written for borrowers, investors, brokers, and fiduciaries who need a clear picture of where the California market stands today. We focus on the data that matters most to real estate transactions: price trends, inventory, days on market, and lending conditions.
North Coast Financial is a direct hard money lender based in Oceanside, CA. We lend on residential and commercial real estate statewide, with loan approvals available the same day and funding within 7 days for business purpose scenarios. Questions about a specific deal? Call (760) 722-2991 or email contact@northcoastfinancialinc.com.
