California Housing Report — April 2026 (C.A.R.)

California Home Sales Rise From Year-Ago as Median Home Price Breaks a New Record in May

NJV Financials summarizes C.A.R.'s April 2026 California housing report for buyers and sellers in the Inland Empire and San Gabriel Valley. Educational market commentary only — not financial, investment, tax, or legal advice.

California Home Sales Rise From Year-Ago as Median Home Price Breaks a New Record in May

Existing, single-family home sales increased 5.1 percent year over year to 268,810 in May on a seasonally adjusted, annualized basis and were down 3.1 percent from 277,360 in April.

The statewide median home price reached a record high for the second straight month to $930,260, up 2.3 percent from April's downwardly revised price of $909,410 and up 3.1% from $902,040 in May 2025.

SACRAMENTO (June 17) – California home sales increased from the previous year in May for the second consecutive month, while a shift in sales of higher-priced properties buoyed California's median home price to another historic high as housing supply tightens,

California context for IE buyers

Statewide trends set the backdrop; your offer strategy still depends on local MLS comps in Corona, Eastvale, Diamond Bar, or Riverside neighborhoods.

C.A.R. figures combine California MLS reporting — median prices and sales pace can differ from national NAR or Realtor.com listing metrics.

Data source: California Association of REALTORS® (C.A.R.) monthly home sales and price report.

Full release: https://www.car.org/aboutus/mediacenter/newsreleases/2026releases/may2026sales

Next steps

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