March 2025 California Housing Market Update

Home sales in California just rose to the highest level in over 2 years and home prices are still higher than they were at this time last year. However, a change could be coming given some new trends I uncovered.

This is your latest California housing market update based on a new report (link below). I share an update on home prices, inventory, price reductions and much more.

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Source of reports I covered in the video:

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Jason Walter, CPA (inactive CPA lic 103885)
Sacramento real estate agent and native (DRE 01923240)
Mortgage Loan Officer, NMLS 2566691
Revest Homes (DRE 02174879, NMLS 2362319)

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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video - it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent and mortgage loan originator with Revest Homes in California (DRE 02174879, NMLS 2362319).

For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Equal housing lender.

#CaliforniaHomes #California #CaliforniaRealtor

[JasonWalter]

Connect with me here: www.realestateteamfinder.com

[rgrateful]

Just buy now, rates will eventually drop. I went from a 7.5 % rate to a 4.%. My payment is so low now, I could never rent an apartment when my mortgage is below an apartment monthly cost. Just do it!!!

[rgrateful]

My friend has been a realtor in San Diego for over 20 years. Homes are SELLING! CALIFORNIA IS A HOT SPOT, Beautiful weather, beaches, mountains, deserts, Mexico winieries, great food and tons of culture! Love CA!

[gonzalesjsee]

Im in Sacramento, CA, I listed my home for about 10 days and we've gotten zero interest, zero offers.

How do I know if I should get a new realtor or not?

[Andrea-renp]

Happy to hear that the California housing market seems to be leveling out.

[Zenvy.mp]

I appreciate your efforts on this awesome analysis though...

Pretty helping 👍

[straightdrive]

Housing market is toast for buyers, I can only see prices increasing . Prices wlll keep increasing, where as more people are sidelined. Eventually people settle for what they can afford. I never felt affordability is a factor, if you can't afford 4 bedroom downgrade expectation and choose a 2 bedroom instead.

[SurfCityBill]

Two homes, 2700 sq ft, in the area were purchased for $1.4M and $1.5M. Both were leveled and a builder is starting fresh including a new slab. I'm not sure I understand the strategy. Highest price in the area for homes in excellent condition is $1.8M to $2.0M. Little margin left after building costs.

[PelicanIslandLabs]

My unofficial Cali central coast (near SLO) update BIG change from late 24 when RE action was Feb-March: sales surging, bidding wars back, inventory dropping. Party like it's 1999!
Looking forward to the 'official' JW certified regional/county report! 😃

[richardszerman]

The market is shifting. The number of homes coming to market is increasing and the prices are softening. Buyers are getting more leverage than they’ve had in years. The interest rate is still too high, but the market is slowly improving for buyers.

[mattanderson]

Fantastic discussion
Excellent analysis
Thank you Sir

I appreciate you

Well said!!

I always love listening to you Jason

[jeswmuke]

Sales to list price 99.9% vow ! That tells you everything. This upcoming season looks like a sellers market, specifically N. Cal region.

[Ekam-Sat]

Remember kids. When everybody is talking about something that’s usually the time to hold off.

[JoeyOlin]

For me, If you can buy houses, do it now. No property tax, no income tax and if the rate goes down, homes price will go up a lot more than now

[soneares]

The increase in $1M+ homes sales is eye-opening. 🧐 How the "hail" they do that? The rent prices and home prices for the average household are insane. The payments are not sustainable. Back in 2020, I refinanced from 3% to 2.5%. We added the closing cost to the refinanced amount. I'm thankful for that opportunity. I am paying more attention to the market now. Places like Yuba City, Marysville, Plumas Lake, and even Olivehurst have active new home construction. So the builders obviously know there still money to be made.

[Beliconnews]

i stay in orange county and it is still way over price cheapest house avalible is in santa ana for $745k 2 bedroom 900 sqft hopefully market dumps

[Slide]

Ok Jason. Explain how there is a four month supply and the median time on the market is 26 days? Why represent unsold inventory in terms of months?

[susan]

Selling for $1million plus because of the fires

[rosamendoza]

in 1979 my uncle was a manager of a local burger joint and was able to buy a home here in Los Angeles .... my son makes above 100k and won't qualify for anything in the neighborhood ... foreign money flipping homes has destroyed everything

[ElizabethA-yc]

So my understanding is if less sellers than good for the seller because more bidding wars. I’ve been on both sides but right now I’m trying to determine weather to sell and cut out before what I believe will happen is a housing crash by next year. If the tariffs go into effect, it will cause interest rates to go higher driving the homes lower. Not sure, but I think this correct.