The California housing market posted steady sales activity in early February, while Realtors signaled caution about the weeks ahead. The California Association of Realtors released its latest weekly report for the week ending Feb. 7, 2026, offering a snapshot of statewide trends.
The report shows an average of 314 closed sales per day across California. Pending sales averaged 487 per day, and new listings reached 577 per day. The figures reflect daily averages collected from multiple listing services across the state.
For San Gabriel Valley communities such as El Monte, Baldwin Park, Rosemead and Arcadia, the data provide context as the spring homebuying season approaches.
Closed Sales And Listings Hold Steady
According to the California Association of Realtors, 24.2 percent of surveyed Realtors closed a sale in the previous week. That share rose 0.4 percent from the prior quarter.
At the same time, 16.9 percent of Realtors entered escrow, down 6.4 percent from the previous quarter. Another 25.8 percent listed a property, a 1.4 percent decline from the prior period.
The California market data suggests that while transactions continue, fewer agents reported new escrows and listings compared with the prior quarter. The association notes that larger blue percentages represent the share of survey respondents, while smaller green and red figures reflect quarterly changes.
Local brokers in the San Gabriel Valley often watch escrow activity closely because it signals near-term closings. A slowdown in new escrows can point to softer demand in coming weeks.
California Market Data Expects Modest Gains Ahead
Looking ahead, surveyed Realtors expressed measured optimism. About 12.4 percent said they expect sales to increase in the coming week, though that outlook is down 2 percent from the previous quarter.
Roughly 5.9 percent believe prices will rise in the week ahead, a 1.6 percent quarterly decline in sentiment. Meanwhile, 28.8 percent expect listings to increase, a sharp 16 percent drop in that outlook from the prior quarter.
The data suggest agents anticipate some growth in sales and inventory, but confidence has cooled compared with earlier in the quarter.
For San Gabriel Valley homeowners and buyers, the weekly snapshot underscores a market that remains active yet cautious. Inventory levels and buyer demand will shape conditions as the region moves deeper into 2026.
As local families weigh buying or selling, statewide indicators such as closed sales, pending escrows and new listings offer a timely gauge of where the California housing market stands. Community trends in cities like Temple City and Irwindale will continue to reflect broader shifts across the state.
Readers can review the full statewide report from the California Association of Realtors at https://www.car.org/marketdata.
