The latest statewide report from the California Association of Realtors points to a market that keeps shifting as 2025 closes, and the San Gabriel Valley continues to feel the effects. The weekly snapshot, based on activity through Nov. 29, shows rising closed sales, slower escrow activity, and fewer new listings. These forces shape prices and inventory in cities such as El Monte, South El Monte, Baldwin Park, Rosemead, and Temple City, where buyers and sellers try to time their next move in a tight market.
Closed sales averaged 381 per day across California. Pending sales averaged 329 per day, and new listings reached 251 per day. These figures show a market that still moves at a steady pace. They also show pressure on buyers who need more available homes across the valley’s older neighborhoods. Realtors reported that 24.2 percent closed a sale during the previous week, a slight gain from the last survey period. The increase signals that committed buyers continue to compete for homes despite high borrowing costs.
Escrow activity dropped, with 16.9 percent of surveyed Realtors reporting that they entered escrow. The decline suggests a moment of caution as buyers pause before making offers. San Gabriel Valley agents say the same trend appears in local corridors near Valley Boulevard and Ramona Boulevard, where open houses draw steady foot traffic but fewer quick commitments. Listings also dipped as only 25.8 percent of respondents said they listed a property. That shift affects the valley, where longtime owners often wait for spring to enter the market.
Survey respondents also gave their outlook for the week ahead. About 12.4 percent expect sales to rise. Another 5.9 percent expect prices to rise. A larger share, at 28.8 percent, expect listings to rise. The forecast hints at a modest increase in choices for buyers who have struggled with low inventory across Arcadia, Temple City, and Baldwin Park. Any rise in listings helps buyers who want to stay close to work, family, and schools.
Rising prices remain a concern for the region. Buyers in entry level ranges feel the strain most because many face competition from cash buyers and move up households. More listings could slow that pressure. Local agents say clear trends should appear by mid December as more homeowners decide whether to list before the new year.
The statewide data set, available through the California Association of Realtors at www.car.org, offers a broad view that still reflects local realities. The San Gabriel Valley tracks closely with statewide numbers because its housing stock remains older and limited, and demand stays high due to its location between job hubs and transit routes.
The community watches these weekly shifts because they influence rents, school enrollment, and future development. The market continues to evolve, and residents will see the impact in the months ahead.
