The California housing market showed signs of summer momentum, according to the latest data released by the California Association of REALTORS® for the week ending July 19, 2025. The report reveals a steady flow of buyer interest and new inventory, with 759 new listings and 572 pending sales occurring daily on average. These figures point to a dynamic market pace in the middle of the summer season.
Across the state, REALTORS® closed an average of 529 transactions per day. While this represents a slight decrease of 0.9% from the previous week, other market signals suggest continued engagement among both buyers and sellers.
Escrow Activity and Listings Reflect Strong Demand
The pace of properties entering escrow rose by 9.4%, with 23.2% of surveyed REALTORS® reporting they entered a deal during the prior week. Although the share of agents who listed a new property dropped by 6.6%, a notable 27.3% still reported listing activity. This suggests the California housing market continues to experience a tight balance between demand and available inventory.
With housing inventory remaining limited in some regions, especially in high-demand pockets like the San Gabriel Valley, the need for updated listings is still pressing. The uptick in new listings per day could offer temporary relief for buyers seeking options before the fall season.
REALTORS® Cautiously Optimistic for Coming Week
Despite a slight cooling in weekly activity for sales and listings, California agents remain cautiously optimistic about near-term trends. A survey conducted at the start of the current quarter revealed that 44.8% of REALTORS® believe listings will increase in the week ahead, even though that figure represents a 2% decline from the previous quarter.
Similarly, 14.4% of respondents anticipate that sales will rise, though that number is down 9.1% from previous expectations. Meanwhile, 7.5% of REALTORS® expect home prices to go up in the coming week, a minor 1.9% drop in sentiment compared to earlier responses.
These outlooks indicate agents are factoring in regional conditions, including seasonal trends, economic factors, and local inventory availability. In areas like Baldwin Park, Rosemead, and El Monte, tight competition and buyer interest in move-in-ready homes are still common themes.
Local Impact of Statewide Market Trends
While statewide statistics provide a broad view, the California housing market’s impact is often most visible on a local level. In communities such as South El Monte and Irwindale, homebuyers continue to face competition in certain price ranges, especially where homes are priced below $750,000.
In these Mid Valley communities, any increase in listings can significantly affect how quickly homes sell and at what price. For local REALTORS®, adjusting to evolving buyer preferences and preparing sellers for realistic pricing remain top priorities.
As always, homebuyers and sellers are encouraged to monitor local trends and work with trusted professionals who understand neighborhood dynamics. For deeper insights and weekly updates on California housing market conditions, visit the California Association of REALTORS® at car.org
