California’s housing market remained active heading into October 2025, with daily averages showing steady momentum in both sales and listings across the state, according to new data from the California Association of Realtors (C.A.R.). For communities in the San Gabriel Valley, including El Monte, Baldwin Park, and Temple City, the report reflects a cautiously balanced market after a year of gradual cooling.
Home Sales Hold, New Listings Increase
C.A.R. reported an average of 598 closed home sales and 554 pending sales per day statewide for the week ending October 4, while new listings reached 681 per day. The numbers suggest continued demand, though growth has slowed slightly since early summer. In the San Gabriel Valley, agents say this trend aligns with more realistic pricing and a growing number of sellers re-entering the market.
“Buyers are returning with clearer expectations, and sellers are pricing more competitively,” said a local El Monte Realtor. “We’re seeing more balanced negotiations than we did a year ago.”
Market Confidence and Local Impact
The weekly survey showed 23.7% of Realtors closed a sale during the week, down just under 1% from the prior period, while 23.2% entered escrow—a 9.4% increase. Listings fell 6.6%, yet nearly 45% of agents surveyed said they expect new listings to rise in the week ahead.
For the San Gabriel Valley, this outlook reflects a stable but shifting market. Cities such as Rosemead and Arcadia continue to see steady buyer traffic, while Baldwin Park and South El Monte remain attractive for first-time homebuyers seeking relative affordability compared to nearby Pasadena or the Westside.
Local economists note that mortgage rate fluctuations have prompted some hesitation among prospective buyers. Still, consistent listing activity has helped prevent sharp price spikes. “Inventory is improving, and that’s giving buyers more breathing room,” said a Pasadena-based housing analyst.
Realtors Expect Modest Price Growth
About 7.5% of Realtors surveyed expect prices to rise in the near term, while 14.4% believe overall sales will increase. Though price growth projections dipped slightly, the consensus remains that demand in key commuter corridors—such as the I-10 and 605 freeway areas—will sustain property values through the fall.
The C.A.R. report underscores that while statewide data remains broad, regional trends in the San Gabriel Valley point toward ongoing stability rather than decline. Balanced supply and demand may keep the market resilient into 2026, especially as new listings expand and buyers adjust to long-term rate environments.
The full market snapshot is available through the California Association of Realtors at www.car.org.
