The typical home listed in California is priced at $749,450, down 0.0% from a year ago. Homes are spending a median of 50 days on the market, indicating a balanced pace. Against a median household income of $99,122, the price-to-income ratio is about 7.6, a severely unaffordable level for local buyers.
| Metric | Value |
|---|---|
| Median Listing Price | $749,450 |
| YoY Price Change | -0.0% |
| Median Days on Market | 50 days |
| Active Listings | 72,497 |
| Median Household Income | $99,122 |
| Homeownership Rate | 55.9% |
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