Will Home Prices Drop In 2025 California State. Economists expect a 10% drop in home prices in california over 2024. Forecast predicts the california median home price will increase by 4.6% to reach $909,400 in 2025.
The downward trend in california home prices is expected to continue into 2025. Mortgage rates will continue to average above 6% next year, and home prices will keep rising, the realtor.com® economic research team predicts in its new 2025 housing forecast.
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