California real estate trends continue to show signs of stabilization as the housing market moves into June. According to the California Association of REALTORS®, new listings surged to an average of 768 per day for the week ending May 31, 2025, outpacing both closed and pending sales. This increase reflects growing seller confidence and improved inventory across the state.
Closed sales averaged 556 per day, while pending sales trailed slightly at 548 daily. These numbers signal consistent transaction activity, but also a notable shift: for the first time in months, supply may be catching up to demand. With closed sales up 12.1% over the prior week and listings rising 10%, the market appears to be gaining balance.
California Real Estate Trends Show Inventory Growth
The REALTOR® survey conducted by the association adds further context. In the most recent week, 24.6% of agents reported closing a sale, while 13.8% entered escrow—virtually unchanged from the week before. However, 33.8% listed a property, a strong jump that suggests more homes are entering the market even as buyer activity holds steady.
This dynamic could mark the beginning of a new phase for the market. While buyer interest remains, the rising inventory may start to ease competition. In cities like El Monte, Baldwin Park, and Rosemead, where tight inventory has made it difficult for families to find housing, the increase in listings could bring some relief.
Forecast: Moderate Optimism for the Week Ahead
Looking forward, REALTORS® remain cautiously optimistic. Nearly half of those surveyed—46.9%—expect listings to increase in the coming week, up 3.7% from the previous forecast. Meanwhile, 23.4% believe sales will climb, despite a slight 4.1% drop in that metric compared to the prior period. Expectations for rising prices fell more sharply, with just 9.4% anticipating price gains, down 9.4%.
These predictions reflect a belief that California real estate trends are entering a cooling period—one marked by stability rather than rapid growth. If listings continue to rise, the pressure on buyers could lessen, allowing more families to enter the market without engaging in aggressive bidding wars.
Agent Outlook on California Real Estate Trends
In the San Gabriel Valley, these state trends carry real implications. Baldwin Park, El Monte, and surrounding cities have long faced inventory shortages that push prices out of reach for many residents. As new listings increase, buyers may see more choices at competitive prices.
For local agents, the current market presents opportunity. Properties are moving, but with less urgency than before. Homes priced in line with neighborhood comparables are seeing interest, while overpricing may now lead to longer days on market. Agents must navigate this shift with accurate pricing strategies and timely marketing.
For residents of the Mid Valley area, this evolving market could provide a window of opportunity heading into summer. As listings rise and price expectations level off, the prospect of homeownership—or finding a new rental—may become more accessible.
