California · Housing market

The California housing market, by the numbers.

Median sale price, days on market, and what a traditional sale really costs a California seller — every figure on this page comes from the source cited next to it.

  • Median sale price: $887,000
  • Median days on market: 33
  • Typical selling costs: ~6.58% of the price
  • Foreclosure timeline: 4 to 5 months
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The headline numbers.

Each figure comes from the source cited under it. Medians describe the middle of the California market, not any specific house.

California metric Value Source
Median sale price $887,000 Redfin state market tracker, May 2026
Median days on market 33 days Redfin state market tracker, May 2026
Average agent commission 5.47% (≈ $48,519) Clever Feb 2026 survey (state avg)
Seller closing costs 1% (≈ $8,870) Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026
Seller transfer tax 0.11% (≈ $976) HomeLight, Jan 2025 (county documentary tax 0.11%; some cities add more)

Data updated: September 2026

$887,000 Median sale price Source: Redfin state market tracker, May 2026
33 days Median days on market Source: Redfin state market tracker, May 2026
5.47% Average agent commission Source: Clever Feb 2026 survey (state avg)

Selling the traditional way in California: the math.

The same arithmetic an agent would run at your kitchen table, worked on the California median sale price.

Worked on the $887,000 median sale priceSource: Redfin state market tracker, May 2026
Agent commission5.47% × $887,000 · Source: Clever Feb 2026 survey (state avg) ~$48,519
Seller closing costs1% × $887,000 · Source: Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026 ~$8,870
Transfer taxes0.11% × $887,000 · Source: HomeLight, Jan 2025 (county documentary tax 0.11%; some cities add more) ~$976
Typical cost of a traditional sale≈ 6.58% of the median sale price ≈ $58,365

How to read this: on the $887,000 median sale, the traditional route leaves roughly $828,635 before loan payoff, repairs, and the holding costs (effective property tax ~0.74%/yr per the Tax Foundation, plus insurance and utilities) that stack up while you wait about 33 days on market. These are estimates worked on the California median; your actual costs vary by county, property, and buyer.

The cost of waiting: California's effective property-tax rate runs about 0.74% a year (Tax Foundation). Worked on the $887,000 median home, that's roughly $6,564 a year in property tax — call it $593 accrued across the 33-day (about 5-week) median wait for a traditional sale, before insurance and utilities, and on top of the selling costs above. The longer a California listing sits past the median, the bigger that carrying cost grows.

The California foreclosure clock.

California uses a non-judicial foreclosure process, and a typical case runs 4 to 5 months — that window is how much real time an owner has to catch up, refinance, or sell.

How long it really takes: Practitioner estimate: federal law generally bars starting foreclosure until 120+ days delinquent (12 C.F.R. §1024.41(f)); after the NOD, the statutory minimum to sale is ~111 days (3 months + 20 days), so roughly 4 months NOD-to-sale at fastest. California courts' self-help guide describes ~4-5 months from default to sale; in practice the full process commonly runs 6-12+ months.

Primary statute: Cal. Civ. Code §2924. This is general information, not legal advice — confirm the specifics with a local attorney.

Free California Foreclosure Deadline Calculator →

If you need to sell fast.

The numbers above describe the traditional route in California: roughly 6.58% of the price in selling costs and about 33 days of waiting before a financed buyer even closes. When time is the real problem — a foreclosure date, back taxes, a move that can't wait — some owners trade part of the headline price for speed and certainty by selling as-is to a cash buyer.

Your cash option: You can request offers on California houses sold as-is — no repairs, no commissions, no fees to you. Requesting offers is free, and you decide what happens next.

See what the California numbers mean for your house.

Compare the traditional math above with a fast as-is sale — free tools, sourced data, and a timeline you control.

Selling fast in California →