The California housing market report for mid-October reveals steady activity and cautious optimism among Realtors across the state. The data, released by the California Association of REALTORS® (C.A.R.) for the week ending October 18, 2025, highlights small but positive changes in sales, listings, and market sentiment.
According to the California housing market report, an average of 484 homes closed per day statewide, marking a modest increase over the prior week. Pending sales averaged 541 per day, while new listings climbed to 602 per day, suggesting that sellers remain active even as buyers adjust to current lending conditions.
Modest Gains and Mixed Activity
Realtors reported that 24.2 percent of members closed at least one sale during the week, up 0.4 percent from the previous period. In contrast, the share of agents entering escrow declined by 6.4 percent, reflecting fewer new deals. Meanwhile, 25.8 percent listed a new property, down 1.4 percent, indicating slight hesitation among some sellers.
These figures suggest a balanced market heading into the fourth quarter, with consistent listing activity but fewer buyers finalizing offers. Rising interest rates and affordability challenges continue to shape the pace of transactions, especially in high-demand regions such as Los Angeles and the San Gabriel Valley.
Forecast Shows Measured Confidence
When asked about expectations for the week ahead, 12.4 percent of Realtors predicted that sales would increase, a two-percent decline from the previous week’s outlook. About 5.9 percent expected prices to rise, slightly below earlier forecasts. The most notable gain came from listing activity, where 28.8 percent of respondents anticipated more homes hitting the market—a 16-percent jump from the prior quarter’s sentiment.
Despite slower buyer movement, agents remain cautiously optimistic, expecting stable prices and an influx of listings through the end of October.
Regional Reflection and Market Outlook
In the San Gabriel Valley, real estate professionals report steady interest from motivated buyers, though many continue to face affordability limits. New listings are helping to balance supply, while stable pricing keeps the market accessible for those ready to purchase.
The California housing market report underscores a steady close to the fall season, with balanced conditions for both buyers and sellers. As the year progresses, analysts will be watching for shifts in mortgage rates and economic indicators that could influence statewide housing trends heading into winter.
