California's housing market remained sluggish in March as geopolitical tensions push mortgage rates highe

California's housing market remained sluggish in March as geopolitical tensions push mortgage rates highe

Existing, single-family home sales totaled 265,320 in March on a seasonally adjusted basis, down 3.5 percent from February and down 2.5 percent from 272,020 in March 2025. The statewide median home price soared 7.1 percent to $889,190 in March and inched up 0.4 percent from $885,900 in March 2025. Year-to-date statewide home sales fell 1.3 percent. SACRAMENTO, Calif., April 21, 2026 /PRNewswire/ -- California's housing market retreated in March …