In August 2024, California home prices rose by 3.2% compared to the previous year, with a median sale price of $817,200. The number of homes sold decreased by 0.13% year-over-year, with 25,220 homes sold this August, slightly down from 25,254 in August 2023. Homes spent a median of 33 days on the market, an increase of 7 days from the prior year.
