12/19/2025
๐ California Housing Update โ November Snapshot! ๐
After an unusually busy early-fall, home sales cooled off in November across the countryโand Los Angeles felt it too.
๐น Nationwide sales of single-family homes & condos fell 8.6% year-over-year in November.
๐น L.A., San Francisco, and San Diego all reversed course after strong September/October gains.
๐น San Jose saw the steepest California drop, down 20.1% from last year.
๐น Good news for buyers: inventory over the past three months is up 15% and mortgage rates have ticked down from their summer peak.
What this means for Greater LA:
โข More homes to choose from than last fall.
โข Slightly lower borrowing costs could stretch budgets further.
โข Sellers still benefit from 12-month sales totals that remain higher than the previous year.
Thinking of making a move before 2026? Drop a comment or DMโIโm happy to share neighborhood-specific insights! ๐กโจ
Sales of new and existing single-family homes and condos were down 8.6% in November across the U.S. from a year earlier, as buyer and seller activity