California housing market continues to normalize as home sales and prices curb in July

California housing market continues to normalize as home sales and prices curb in July

  • Existing, single-family home sales totaled 428,980 in July on a seasonally adjusted annualized rate, down 1.6 percent from June and down 2.0 percent from July 2020.
  • July’s statewide median home price was $811,170, down 1.0 percent from June and up 21.7 percent from July 2020.
  • Year-to-date statewide home sales were up 27.3 percent in July.

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