California housing-market dispatches
City- and metro-level reads across California, from The Pecan Street Index.
Fresno, CA · 2026-06-29
Fresno homes taking 45 days to sell — +125.0% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
Sacramento Roseville Folsom, CA · 2026-06-29
Citrus Heights sale-to-list broke above 1.0 — 101.1%
Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.
San Diego Chula Vista Carlsbad, CA · 2026-06-29
Encinitas homes taking 31 days to sell — +93.8% vs. a year ago
Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.
San Francisco Oakland Berkeley, CA · 2026-06-29
San Mateo median price -8.1% YoY
Price-per-sqft also -2.3% YoY, confirming real depreciation vs. mix-shift noise.
San Jose Sunnyvale Santa Clara, CA · 2026-06-29
Cupertino median price -9.7% YoY
Price-per-sqft also -11.5% YoY, confirming real depreciation vs. mix-shift noise.
Stockton Lodi, CA · 2026-06-29
Lodi median price -8.7% YoY
Price-per-sqft also -1.3% YoY, confirming real depreciation vs. mix-shift noise.