| LIFE IN SOLERA | APRIL 2026 | 11
REAL ESTATE REPORT
California home sales declined in January 2026 to the lowest level
since May 2025 amid a 23-month price low.
Existing, single-family home sales totaled 256,550 in January
on a seasonally-adjusted annualized rate, down 10.8 percent from
287,570 in December and down 1.3 percent from 260.040 in January
2025.
The decline extends the streak of sub-300,000 seasonally adjusted
sales to 40 consecutive months, underscoring the ongoing market
weakness in the last few years. However, a stronger than typical
monthly increase in pending sales suggests that closed sales could
rebound in February, especially since mortgage rates have recently
declined nearly back to their recent lows.
After closing out 2025 on a strong note, California's housing
market has started the new year on a softer footing, with both sales
and prices coming in below last year's levels.
The median number of days it took to sell a California single-
damily home was 39 days in January, up from 35 days in January
1025. C.A.R.'s statewide sales-price-to-list-price ratio was 98
percent in January 2026 and 98.6 percent in January 2025.
The 30-year, fixed-mortgage interest rate averaged 6.11 percent in
January 2026, down from 6.96 percent in January 2025.
Leading the way in California real estate for 120 years, the
California Association of Realtors is one of the largest state trade
organizations in the United States with nearly 190,000 members
dedicated to the advancement of professionalism in real estate.
C.A.R. is located in Sacramento.
Source: www.car.org 02/18/2026
JANUARY HOME SALES
& PRICE REPORT
By Glenn Bradd, Broker Associate, Solera Realty Team, Solera Resident
