California’s housing market showed mixed signals in early July as daily sales and listings shifted while real estate professionals reported more cautious outlooks for prices.
Daily sales and listing activity reflected a dynamic but uneven market for the week ending July 12, 2025. According to the California Association of REALTORS®, there were an average of 513 closed sales per day and 476 pending sales per day. New listings rose to an average of 777 per day, suggesting some sellers are returning to the market as summer progresses.
Realtors See Mixed Results
Realtors’ activity was split across categories last week. About 24.6 percent of Realtors closed a sale, an increase of 12.1 percent compared with the prior period. Meanwhile, the share who entered escrow fell slightly to 13.8 percent, a 0.4 percent decrease.
Listing activity showed more optimism. Approximately 33.8 percent of Realtors listed a property, marking a 10 percent rise. This rebound in listings could be driven by seasonal demand or sellers seeking to capitalize on market interest before the end of summer.
Forecasts Suggest Cooling Prices
Despite stronger listing numbers, expectations for the coming week were subdued. Just 23.4 percent of Realtors anticipated an increase in sales, down 4.1 percent from previous forecasts. Even fewer, 9.4 percent, expected home prices to rise, reflecting a 9.4 percent decline in sentiment over price growth.
At the same time, 46.9 percent predicted more listings ahead, up 3.7 percent. The increase in expected supply could create more options for buyers but may place downward pressure on prices if demand does not keep pace.
Local Impacts on the Mid Valley
For the San Gabriel Valley communities, including El Monte, South El Monte, and Baldwin Park, these statewide trends may mean more available homes but more measured pricing. Local agents report steady buyer interest, though affordability remains a top concern. As listings climb, potential buyers could find more negotiating room, especially if price growth continues to ease.
Realtors across California collect this data weekly, offering a real-time snapshot of housing market shifts. While the long-term outlook depends on broader economic trends, July’s early figures suggest the market is stabilizing after a period of tighter supply and brisk price increases.
Residents considering buying or selling should stay connected with local brokers and review the latest reports to track how these changes will affect neighborhoods across the Mid Valley. For more details, visit the California Association of REALTORS® at www.car.org.
