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📈 Southern California Market Update
Is the Housing Market Slowing Down or
Gearing Up for a Shift?
As we head into the second half of 2025, California's housing market is showing signs of mixed momentum. While June brought a slight monthly uptick in home sales, the bigger picture reveals a market still feeling the weight of high mortgage rates, price fatigue, and economic uncertainty.
🔹 Home Sales Stay Flat Despite June Bump
Statewide home sales rose 4% from May to June, but year-over-year sales dipped slightly—down 0.3% compared to June 2024. It marks the third straight month of annual declines, indicating that buyer activity is still constrained. For the first half of 2025, sales are just barely ahead of last year—up a slim 0.2%. With mortgage rates rising steadily in the past couple of weeks, housing demand will likely remain soft for the month of July.
🔹 Prices Dip Again—A Sign of Cooling?
California’s median home price slid for the second month in a row, landing at $899,560 in June—just below the $900K mark. This minor drop (0.1% month-over-month and year-over-year) bucks the usual seasonal trend, which typically sees prices rise in June. Elevated rates and buyer hesitancy are keeping prices from climbing. If inventory continues to build, we could see prices soften further this summer, though the state is still on pace for modest annual price growth in 2025.
🔹 Construction Mixed: Multifamily Rises, Single-Family Falls
Housing starts rebounded overall in June, rising 4.6% month-over-month. However, the increase was driven by a sharp jump in multifamily construction. Single-family starts fell 4.6% and hit an 11-month low, down 10% compared to last year. New home permits also point to a cooler outlook ahead—especially in the West, where single-family permits dropped 6.1% from May.
🔹 Inflation Perks Up Again in June
The latest consumer inflation data shows prices heating up once more. The Consumer Price Index (CPI) rose 0.3% in June—the biggest monthly increase since January—driven by higher costs in food, energy, and tariff-affected goods like clothing and furniture. Year-over-year, inflation sits at 2.7%. While wholesale inflation (PPI) held flat in June, rising producer costs signal that price pressure may continue, especially with potential new tariffs set to take effect August 1.
💡 What This Means for Buyers and Sellers
- Buyers may see slightly more favorable prices this summer, but affordability remains a challenge as rates stay elevated.
- Sellers should stay realistic on pricing, as demand continues to be selective.
- Investors and builders should keep an eye on inflation trends and how they might impact materials and labor costs.
Want to talk strategy or timing for your next move?
Let’s connect.
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Looking To Move Out Of State?
Save Thousands for Dollars With Our
Relocation Program
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800 Pacific Ave. #301
Long Beach, CA 90813
1 Bed | 1 Bath | 702 SF | $319,900 - Just Reduced!
Charming Downtown Condo Just One Block from Pine Ave!
Enjoy the best of downtown living in this beautifully maintained and updated 1-bedroom condo, ideally located just one block from vibrant Pine Avenue. Situated on the third floor, this bright and breezy unit boasts west-facing views, abundant natural light, and refreshing ocean breezes—all while offering peace and privacy with no shared walls in the living room or bedroom. The spacious bedroom features 1920s French doors, walk in closet, and a ceiling fan for added comfort. The generously sized kitchen includes a stainless steel refrigerator and stove, white cabinetry, and a cozy dining area. High ceilings, fresh paint, updated dual pane windows in the living room, and updated flooring throughout add modern comfort to the home’s vintage charm. You'll appreciate the ample storage, with three closets (one large enough for a home office), plus a large assigned basement storage room, and a shared bike locker. The pet-friendly building includes community laundry, and monthly permit parking is available nearby. For buyers looking for an urban loft feel, some of the walls can be opened to reveal exposed brick walls (like the unit above it that recently sold for $400k!). Seller is willing to credit Buyer up to 3% towards Buyer Concessions. Seller is open to selling it fully furnished. Great opportunity for an investor too - Condo was previously rented for $2100 before as a fully furnished monthly rental.
OPEN HOUSE
Saturday (7/26) 12:00 - 4:00 pm
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133 The Promenade N #319
Long Beach, CA 90802
1 Bed | 1 Bath | 910 SF | $549,900
Modern loft style living in the heart of downtown Long Beach!
This wonderfully oversized one bedroom open concept loft style condo in a premium building located at the vibrant center of downtown Long Beach is ready to be yours! Walk to the wonderful shops and restaurants all around the area. Hop onto the light rail and travel all over Los Angeles / Hollywood / LAX and will soon go even as far as Pomona! With the waterfront just minutes away and walk/bike pathway all the way to Belmont Shores, the access possibilities are endless. This loft style condo features an open concept kitchen overlooking the living room and balcony that has the feel of airiness matching the 10 feet high ceiling throughout. Wood flooring with sliding frosted panels featured for the bedroom.
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6859 E Monaco Pkwy.
Orange, CA 92867
4 Bed | 3 Bath | 2,190 SF | $1,299,000
Charming Tri-Level Home in Desirable Serrano Heights!
Nestled near a quiet cul-de-sac in the sought-after Serrano Heights community, this 4-bedroom, 3-bathroom tri-level home offers comfort, space, and style. The welcoming front porch opens to a light-filled interior with large windows, a mix of tile and carpet flooring, ceiling fans, and an open-concept kitchen featuring stainless steel appliances, updated cabinetry, a pantry, and island—perfect for entertaining. The spacious primary suite boasts dual closets, a soaking tub, separate shower, and double sinks. Enjoy peaceful views from your private balcony overlooking the beautifully landscaped backyard with mature trees and plenty of room to create your ideal outdoor oasis. Additional highlights include an indoor laundry room, direct-access two-car garage, and proximity to top schools, shopping, dining, and scenic trails at Santiago Oaks Regional Park.
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6600 Warner Ave. #144
Huntington Beach, CA 92647
1 Bed | 1 Bath | 754 SF | $473,988
Turnkey Coastal Living in Huntington Beach!
This bright and private ground-floor corner unit features 2 deeded parking spaces, 1 bedroom, and 1 updated bath; the one uncovered parking spot and one carport are a rare find! Enjoy a spacious living area with views and access to an extra-large private patio and garden, allowing you to appreciate the coastal weather Huntington Beach has to offer. This bedroom unit is unique in this complex with its added walk-in closet, designed by California Closets to maximize storage. The remodeled kitchen boasts granite countertops, soft-close Shaker cabinets, built in microwave, dishwasher, updated lighting and laminate flooring. Upgrades continue in the bathroom with quartz counters, modern vanity, laminate flooring and updated lighting. Milgard dual-pane windows, an oversized slider, and ceiling fans add year-round comfort. Resort-style amenities include gated entry, pool, spa, fitness center, clubhouse, billiards/game room, BBQs, and lush greenbelts. Prime location near schools, restaurants, shops, Central Park, Central Library, the Equestrian Center, Senior Center, Sports Complex, Bella Terra, Bolsa Chica wetlands; and of course, is just minutes to Bolsa Chica, Sunset, and Huntington State Beaches!
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218 W 9th St.
Long Beach, CA 90813
1 Bed | 1 Bath | 990 SF | $380,000
Welcome to your new home in the heart of Downtown Long Beach!
This stunning home offers the perfect blend of historic charm and modern convenience. As you step inside, you'll be welcomed by a private staircase that leads to your tranquil retreat. The main living area boasts original hardwood floors that beautifully accentuate the dining and living rooms. You'll find built-in storage space lining the walls of the dining room, perfect for keeping your space organized and clutter-free. Adjacent to the living room is a cozy bonus room, offering endless possibilities. Situated just 9 blocks from the beach, this home is ideally located close to major freeways, a variety of restaurants, and shopping destinations. Don't miss the chance to make this versatile and charming unit your own!
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939 E Appletong St #8
Long Beach 90802
2 Bed | 2 Bath | 900 SF | $2,500
Discover this delightful top floor condo in the heart of Alamitos Beach. Just steps from the beach, East Village, Retro Row, and Shoreline Village, this two-bedroom, two-bathroom gem offers a cozy and inviting living space. Featuring spacious bedrooms with ample closet space, large windows, and retro bathroom tiling, this condo provides comfort and character. The kitchen boasts tile floors and counters, a refrigerator, dishwasher, range, oven, and plenty of storage. The living room opens to a private balcony overlooking the courtyard, while a one-car garage with storage and community laundry facilities add convenience. Enjoy the vibrant local scene with great restaurants, cafes, entertainment, and parks nearby.
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3445 S Pacific Ave.
San Pedro, CA 90731
3 Units | 6 Beds | 3 Baths | 2,742 SF | $1,100,000
Prime Triplex Just 2 Blocks from Cabrillo Beach – Ideal for Investors or Owner-Occupants!
Located the desirable Point Fermin are of San Pedro, this well maintained triplex is just steps from Cabrillo Beach and offers an incredible opportunity for investors or owner-users. Each of the three 2-bed, 1-bath units includes in-unit laundry hookups, dual-pane windows, and two parking spaces (garage + driveway). The front unit features a spacious patio with peek-a-boo ocean views, while the top-floor owner’s unit is move-in ready with updated kitchen and bath, laminate flooring, and crown molding. The large shared backyard is perfect for entertaining. Two units are tenant-occupied at below-market rents, with the top rear unit ready for occupancy. Projected gross income is $73,476/year with pro forma potential of $96,000/year. Subject to LA City Rent Control. Enjoy close proximity to beachside amenities, dining, and recreation in this sought-after coastal location!
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179 Santa Ana Ave.
Long Beach, CA 90803
3 Bed | 3 Bath | 3308 SF | $1,975,000
Modern Coastal Luxury in the Heart of Belmont Shore!
Prepare to be impressed by this stunning 3-bedroom, 3-bath, four-story contemporary home offering over 3,300 sq ft of sleek, modern living. Located just steps from the best of Belmont Shore, this light-filled residence features an open-concept living area with hardwood floors, a gourmet kitchen with quartz island and stainless steel appliances, and multiple balconies to enjoy the ocean breeze. The luxurious primary suite boasts a double-sided fireplace, spa-like bath with soaking tub, and a custom walk-in closet. Additional highlights include a ground-level entertaining space with bar, private loft, laundry room, solar panels, and a two-car garage with extra parking. Thoughtfully designed for comfort, style, and coastal living, this is a rare opportunity you don’t want to miss!
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8230 Santa Inez Place,
Buena Park, CA 90620
4 Bed | 2 Bath | 1,194 SF | $655,000
Stylish 4-Bedroom End-Unit Townhome in the Heart of Buena Park! Welcome to this beautifully upgraded end-unit townhome ideally located in central Buena Park. The spacious and flexible floor plan features a desirable main-level primary suite with an attached remodeled bath, plus a second expansive primary suite upstairs with a walk-in closet and shared bath. The modern kitchen is a true highlight—featuring sleek quartz countertops, newer cabinetry, Frigidaire stainless steel appliances, and a chic blue subway tile backsplash - perfect for cooking and entertaining. Luxury vinyl plank flooring runs throughout the home, complemented by updated bathrooms, central heat & A/C, and direct access to a 1-car carport. Enjoy indoor-outdoor living with your own private enclosed backyard, ideal for lounging, dining, and summer BBQs. The community offers resort-style amenities including a sparkling pool, tennis court, clubhouse, and playground. Just minutes from Knott’s Berry Farm, shopping, dining, and the 91 Freeway, this home is the perfect blend of comfort, convenience, and style.
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1535 E Ocean Blvd #3
Long Beach, CA 90802
2 Bed | 1.5 Bath | 943 SF | $575,000
Beautiful Top-Floor Corner Condo with Peek-a-Boo Ocean View!
Enjoy beachside living in this beautiful 2-bedroom, 1.5-bath condo offering views of Ocean Blvd from its prime top-floor corner location. Just steps from the sand with easy beach access, this home features a spacious living room with gorgeous wood floors and recessed lighting, while the updated kitchen offers granite countertops, white cabinetry, and stainless steel appliances. Located right across the street from the beach with beach access. Rare private garage with remote. Conveniently located close to all of the great restaurants, cafes, and entertainment in downtown Long Beach and Belmont Shore. Don’t miss this chance to live just moments from the beach, bike paths, and ocean breezes!
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1811 Tevis Ave.
Long Beach 90815
5 Bed | 2 Bath | 2018 SF | $1,420,000
Stunning Remodeled 5-Bedroom Home in Highly Desirable Los Altos! This beautifully remodeled home is nestled on a picturesque tree-lined street in one of Los Altos’ most sought-after neighborhoods. Designed for modern living and entertaining, the open floor plan features hardwood floors, beamed ceilings, and custom paint throughout. The gourmet kitchen boasts sleek white cabinetry, black quartz countertops, a spacious island, and high-end GE Profile stainless steel appliances. Enjoy seamless indoor-outdoor living with a stunning wall of glass-pane doors that open to an entertainer’s patio and a beautifully landscaped backyard. Recent upgrades include a new roof and driveway in 2024, solar system with dual batteries in 2024, and new windows in 2023. Conveniently located near shopping, parks, Trader Joe’s, Cal State Long Beach, and award-winning Minnie Gant Elementary School—this home truly has it all!
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6007 Eckleson Street
Lakewood, CA 90713
3 Beds | 3 Bath | 3016 SF | $1,050,000
Beautiful 3 bedoom, 3 bath two story home in a great neighborhood in Lakewood! This lovely home features 2 bedroom downstairs, a spacious family room and large upstairs primary bedroom suite. Fresh interior paint and new central AC. Move in ready!
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