Home sales and prices in the four-county Sacramento area showed a rise in June.
Statewide, closed escrow sales of existing, single-family detached homes in California rose 4.1% from May and increased 6% on a year-over-year basis, the California Association of Realtors said in a news release.
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Median prices fell 2.8% to $904,640 in June from $930,260 in May, a 0.4% increase over June 2025, the association said.
“California’s housing market ended the first half of the year on stronger footing, with home sales reaching their highest level in six months despite elevated mortgage rates and ongoing affordability challenges,” Tamara Suminski, president of the association, said.
“As more buyers adjust to current market conditions and inventory of homes for sale continues to improve, we are encouraged that increased consumer confidence could support housing demand through the remainder of 2026,” Suminski said.
But concern over mortgage rates continues to be a drag on sales, officials said.
“The recent resurgence of conflict in the Middle East, however, has renewed concerns over higher energy prices and inflation, pushing mortgage rates higher again and creating new headwinds for the housing market as the summer buying season continues,” said Oscar Wei, deputy chief economist of the organization.
Here’s what to know:
What do the numbers show?
Home sales in Sacramento County rose 9.3% in June from May and were 18.3% higher than in June 2025.
In Placer County, sales increased 1.9% over May and were 26.5% higher than in June 2025.
Home sales in El Dorado County rose 18.3% in June compared to May and were 15.4% higher than in June 2025.
Sales in Yolo County were unchanged from May and were 12.3% higher than in June 2025.
Median home sale prices in Sacramento County rose 4.7% to $575,000 from $549,450 in June compared to June 2025.
In Placer County, median home sale prices decreased 3.5% to $680,000 from $705,000 in the same period.
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Median home sale prices in El Dorado County fell 10.3% to $655,000 from $730,000 in June 2025.
In Yolo County, median home sale prices declined 5.5% to $642,500 from $680,000 in June 2025.
What do the numbers mean?
The rise in sales raises hopes that the market could build momentum in the second half of 2026, Wei said.
“Many counties in the Central Valley region – including Sacramento, Yolo, El Dorado, and Placer – surged solidly in sales from a year ago, which is a positive signal that buyers are interested in purchasing in the region when the market is in the right condition,” he said.
What do buyers need to know?
Tighter housing inventory in June helped sale prices in most of California, Wei said, but buyers will have more negotiating power as the market slows, Wei said.
“Fewer new properties will be listed on the market though, so buyers may have fewer options to choose from in the coming weeks,” he said. “If buyers find the property that they like and have the financial capability to close the deal, don’t wait for rates to come down first before making the move.”
What do sellers need to know?
“With rates rising again in the past three weeks, housing supply will likely stall as some trade up/down buyers put their properties on hold,” Wei said.
But home sellers who have already listed their house on the market could see an opportunity to sell as supply tightens up, he said.
What do the figures mean for 2026?
Conditions in the housing market were affected by the Iran War, but sales remained resilient in the first six months of 2026, Wei said.
“Geopolitical tensions and economic uncertainty will pose challenges for the market in coming months,” he said. “Assuming that the Middle East conflict will be resolved in the short term, the market should bounce back starting in the late third quarter.”
Read more Home sales in Sacramento area rise in June while prices fall, experts say
Economists say home sales in the state still could increase over 2025 totals.
