Year-to-date, sales are up 1.2% through the first five months of 2026.
Despite the gain, California has now remained below the 300,000-unit benchmark for the 44th consecutive month.
The statewide median reached $930,260, up 3.1% from $902,040 in May 2025 and 2.3% above April’s downwardly revised $909,410.
The monthly gain was more than double the historical April-to-May average over the past 30 years, per C.A.R.
“California’s home sales softened in May as broader economic uncertainty continued to weigh on consumer confidence and homebuying sentiment,” said Tamara Suminski, C.A.R. president and a Southern California broker.
