California Home Sales Fall 3.4% in September as Median Price Holds Near $900,000
California’s sales pace dropped to 260,410 in September, down 6.5% from a year ago, while the $899,720 statewide median barely moved, C.A.R. reported.
California’s sales pace dropped to 260,410 in September, down 6.5% from a year ago, while the $899,720 statewide median barely moved, C.A.R. reported.
Oceanfront homes in Laguna Beach, Malibu and Manhattan Beach led the week, joined by a newly built modern home on Mulholland Drive.
Anderson Real Estate said Oct. 12 it closed a $550 million refinancing of its two-building Century City office campus, with Wells Fargo as primary lender and the property 98.1% leased.
A hotel-serviced penthouse, a gated canyon estate, two homes north of Montana Avenue and a French Country estate in Calabasas made up the top of the market.
Beverly Hills led the week, while four Orange County sales on the coast and in the canyons filled out the list.
A six-bedroom Manhattan Beach estate sold for $25.6 million, the highest-priced of five home sales reported in the Los Angeles metro area for the week ending September 27, 2026.
A gated ocean-bluff estate on Malibu’s Point Dume sold for $28.07 million, the highest of five reported home sales in the Los Angeles metro area for the week ending September 20, 2026.
Gov. Gavin Newsom signed four bills in Altadena, Calif., creating the first state standards for wildfire smoke-damage claims, doubling mortgage forbearance for Los Angeles fire survivors to 24 months and making disaster forbearance automatic.
A bayfront house on Newport Harbor sold for $26.80 million, the highest-priced home sale reported in the Los Angeles metro area for the week ending September 6, 2026.
A Laguna Beach house on Montage Way sold for $29 million to lead the Los Angeles metro area’s top five home sales for the week ending August 16, 2026.
A 2012 estate at 1 Clear Water in Newport Coast’s Crystal Cove community sold for $38.90 million to lead the five highest-priced home sales publicly reported in the Los Angeles, California metro area for the week ending August 9, 2026.
Shores, a 544-unit waterfront apartment community in Marina del Rey, California, has sold for $170 million to affiliates of Jackson Square Properties, one of the largest multifamily transactions in Los Angeles County this year.
Camden Property Trust sold 11 Southern California apartment communities totaling 3,620 units for about $1.625 billion, redeploying proceeds into debt paydown, share buybacks and Sunbelt acquisitions.
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