California’s housing market showed signs of renewed activity heading into mid-April, according to the latest data released by the California Association of REALTORS® (C.A.R.). The report, reflecting averages for the week ending April 12, 2025, points to increased buyer and seller engagement across the state — a trend also observed locally in the San Gabriel Valley, including El Monte, Baldwin Park, and Rosemead.

On average, California saw 479 closed sales and 565 pending sales per day, alongside 862 new listings daily. The new listings figure marks a notable level of seller confidence as more homeowners bring properties to market in time for the spring selling season.

Realtors Report Mixed Weekly Performance

In the prior week, 24.6% of surveyed REALTORS® reported closing a sale — a 12.1% increase from the previous period. Meanwhile, 13.8% of agents entered escrow, a slight dip of 0.4%, signaling steadier but competitive negotiations. Listing activity grew 10%, with 33.8% of REALTORS® listing new properties.

These metrics suggest that while the pace of transactions is climbing, some buyers may still be waiting on better pricing or interest rate shifts before committing to purchases.

Looking Ahead: Optimism on Listings, Prices Uncertain

Looking to the week ahead, 46.9% of REALTORS® surveyed believe listings will continue to rise — a 3.7% increase in sentiment from the previous quarter. Fewer expect price gains, however. Only 9.4% of agents predicted prices would go up, marking a 9.4% decline in optimism. Despite this, 23.4% of respondents still expect an increase in overall sales.

The mixed outlook reflects ongoing caution amid evolving economic signals, but also affirms that spring remains one of the most active periods for real estate in California.

Local Relevance for Mid Valley Communities

For buyers and sellers in El Monte, South El Monte, and surrounding areas, these state trends could bring both opportunity and competition. Increased inventory may improve selection, while stable prices could encourage hesitant buyers to re-enter the market.

As spring progresses, local real estate professionals anticipate continued momentum, with community-level factors such as school enrollment, transit access, and home condition playing key roles in transaction speed and pricing.

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