California’s housing market entered November with steady momentum, showing balanced activity in sales, listings, and pending transactions, according to the latest data from the California Association of REALTORS®. For communities across the San Gabriel Valley, the trend reflects a housing sector that remains active even as affordability pressures persist.
Sales and listings hold firm
The report, summarizing statewide data for the week ending November 1, showed an average of 552 closed sales per day and 516 pending sales. New listings averaged 550 daily—an encouraging signal for areas like El Monte and Baldwin Park, where inventory has remained tight since summer.
Local agents report similar patterns. “We’re seeing consistent interest from buyers who’ve been waiting for the right opportunity,” said a South El Monte real estate broker. “Even with mortgage rates high, homes priced well are moving.”
The California Association of REALTORS® noted that 24.2% of REALTORS® closed a sale during the previous week, up 0.4% from the prior period, while 16.9% entered escrow—a dip of 6.4%. Meanwhile, 25.8% listed a property, showing a slight decrease of 1.4%.
Agents cautiously optimistic
Looking ahead, REALTORS® expect modest gains in activity. About 12.4% forecast an increase in sales, 5.9% anticipate price growth, and 28.8% predict more listings entering the market. While those figures represent a small decline from last quarter, the outlook remains generally positive for Southern California communities.
In Temple City and Rosemead, local agents say market balance is improving. “Sellers are adjusting expectations, and buyers are becoming more strategic,” one Arcadia REALTOR® explained. “That creates a healthier dynamic overall.”
San Gabriel Valley mirrors state trends
Median prices across the Valley have remained stable through fall, with moderate year-over-year appreciation. In Irwindale and surrounding neighborhoods, single-family listings under $700,000 continue to attract attention, while higher-end homes in Arcadia and Temple City show slower turnover.
Economists suggest the consistency reflects a market finding its footing after months of volatility. The daily averages of sales and new listings point to steady demand, even amid broader economic uncertainty.
Community outlook
For many San Gabriel Valley families, housing affordability remains a challenge, but the steady pace of listings offers some hope. Local governments in El Monte and Baldwin Park have recently expanded first-time buyer assistance programs to help residents enter the market.
Experts agree that if current trends continue, the region could see a more balanced housing landscape in early 2026. For now, the data shows a resilient market—one where both buyers and sellers remain active participants despite shifting conditions.
For more statewide housing data, visit the California Association of REALTORS® at www.car.org.
