Sales of existing single-family homes in California fell 6.5% year on year and 3.4% from August in September, according to C.A.R. figures released on October 19.

Sales ran at a seasonally adjusted annual rate of 260,410 homes. That annualised measure extrapolates September’s pace; it is not the number of transactions completed during the month.

The median price was $899,720, down 0.2% from August but up 1.7% from September 2025. Weaker activity has therefore not translated into a comparable price decline.