09/22/2026
California’s August housing numbers are in — and the market is still moving.
Statewide, the median sold price for an existing single-family home reached $901,420, up 1.6% from July.
California’s annualized sales pace also increased 2.4% from July, while the national average 30-year fixed mortgage rate was 6.95% as of September 17.
What does that tell us?
Buyers are still buying.
Homes are still selling.
And higher rates haven’t stopped the market.
But the statewide numbers are only the starting point.
Downey, Whittier, Norwalk, La Habra, Cerritos and the surrounding communities can all behave very differently depending on neighborhood, price range, condition and competition.
After 23 years in real estate, that’s where the real conversation begins:
What do these numbers mean for your home or your next move?
Armando Perez Real Estate
23 Years in Real Estate
Excellence Real Estate
DRE # 01352900
Se habla español
Local market question? Let’s talk.
Source: California Association of REALTORS®, August 2026 Sales & Price Report; Freddie Mac PMMS, September 17, 2026. Statewide figures provide context; local conditions vary. Mortgage rates shown are national averages and individual rates vary.