{"id":1037,"date":"2026-07-13T15:00:00","date_gmt":"2026-07-13T15:00:00","guid":{"rendered":"https:\/\/www.markmallorca.com\/blog\/?p=1037"},"modified":"2026-07-13T15:00:00","modified_gmt":"2026-07-13T15:00:00","slug":"california-home-prices-hit-record-high","status":"publish","type":"post","link":"https:\/\/www.markmallorca.com\/blog\/2026\/07\/california-home-prices-hit-record-high\/","title":{"rendered":"California Home Prices Hit Record High"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/mark-mallorca\/home-prices-rise-across-california-remotion-videos\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>California\u2019s median existing single-family home price reached a record $930.3K in Mid-Q2, \u21913.1% yearly as competition supported pricing across constrained supply conditions.<br \/>\nStatewide existing single-family sales ran at a seasonally adjusted annualized pace of 268.8K in Mid-Q2, \u21915.1% yearly, showing stronger buyer activity statewide.<br \/>\nHigher-priced segments outperformed: $1M-$2M homes posted sales \u21918.2% yearly, while &gt;$2M homes saw sales \u21918.5% yearly across California, strengthening upper-tier momentum in Mid-Q2.<br \/>\nSupply remained constrained as the lock-in effect kept many would-be sellers sidelined, intensifying competition and adding upward pressure on prices statewide recently.<br \/>\nRecent easing in mortgage rates offered an encouraging sign; if it continues, officials said more buyers and sellers could return beginning in Q3.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>California\u2019s median existing single-family home price reached a record $930.3K in Mid-Q2, \u21913.1% yearly as competition supported pricing across constrained supply conditions. Statewide existing single-family sales ran at a seasonally adjusted annualized pace of 268.8K in Mid-Q2, \u21915.1% yearly, showing stronger buyer activity statewide. Higher-priced segments outperformed: $1M-$2M homes posted sales \u21918.2% yearly, while &gt;$2M [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/1037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/comments?post=1037"}],"version-history":[{"count":1,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/1037\/revisions"}],"predecessor-version":[{"id":1039,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/posts\/1037\/revisions\/1039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/media\/1038"}],"wp:attachment":[{"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/media?parent=1037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/categories?post=1037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.markmallorca.com\/blog\/wp-json\/wp\/v2\/tags?post=1037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}