California’s housing market displayed notable activity in early July, reflecting a mix of steady demand and tempered optimism among real estate professionals. According to the California Association of REALTORS®, the week ending July 5, 2025, saw an average of 520 closed sales per day across the state. Pending sales averaged 506 per day, while new listings reached 566 daily, indicating a resilient flow of properties entering the market. This performance suggests buyers and sellers continue to engage despite broader economic uncertainties.
Steady Transactions Across Sectors
Daily closed sales maintained strength, with REALTORS® reporting that 24.6% closed at least one sale during the week. This figure marks a 12.1% increase over the prior reporting period, reflecting improved transaction completion rates. Meanwhile, 13.8% of agents brought properties into escrow, a marginal 0.4% dip that suggests stable but slightly moderated buyer commitments.
New listings also advanced, with 33.8% of REALTORS® indicating they listed a property. This figure climbed 10% over the prior period, reinforcing that sellers are taking advantage of sustained buyer interest and favorable listing conditions.
Outlook Points to Cautious Optimism
Looking ahead, REALTORS® expressed measured confidence about near-term activity. Among surveyed professionals, 23.4% believe sales will rise in the week ahead, even as this reflects a 4.1% decrease from previous expectations. Price projections also moderated, with 9.4% expecting prices to climb, down 9.4% from the earlier quarter.
In contrast, listing activity expectations edged higher. Nearly 47% of REALTORS® forecast an increase in new listings, a 3.7% gain over the prior outlook. This optimism may reflect sellers’ readiness to enter the market during the prime summer season, where buyer demand typically peaks.
Market Resilience Amid Broader Pressures
Industry observers note that the balance of closed sales and new listings helps sustain California’s housing market even as affordability and inventory challenges remain. While some professionals foresee slower price growth, ongoing listing activity and robust daily sales illustrate a market that continues to draw interest.
For buyers, this environment offers more selection compared to earlier in the year, though competition remains strong in many regions. Sellers may benefit from motivated purchasers and relatively stable pricing trends.
Community Impact and Resources
Local real estate offices across the San Gabriel Valley report similar patterns in California housing trends. Agents in Baldwin Park, Rosemead and El Monte observed steady inquiries from first-time buyers and investors. As more listings come online, prospective homeowners have an expanded opportunity to enter the market during the summer months.
Residents considering buying or selling are encouraged to consult licensed REALTORS® who track these California housing trends daily. The California Association of REALTORS® provides additional statewide data and resources on its official website, offering insights into pricing, market velocity and inventory across counties.
