
Written by Business Journal staff
One Central Valley county was an outlier in the state when it comes to annual home sales increases for June, according to new data from the California Association of Realtors (C.A.R.).
Kings County monthly sales were down 10.4% in June. The median sold price for that month was $365,000, down 1% on a monthly basis and down 6.7% for the year.
When it came to annual sales, Kings County led the state.
Thirty-nine of the 53 counties tracked by C.A.R. reported annual sales gains in June, with 21 counties exceeding 10 percent growth. Kings County led with an 87.3% increase, followed by Glenn (62.5%) and Humboldt (45.5%). Conversely, 12 counties posted year-over-year sales declines, including Merced (-28.1%), Lake (-18.8%) and Amador (-15.6%).
Fresno County sales were up 5.8% in June compared to the month prior. But on an annual basis, sales were down 5%. The median sold price for June was $438,370, down 0.4% from May but up 2.2% annually.
Madera County monthly sales were down 4.7% while annual sales were up 4.3%. The median sold price was $426,000 for June, down 6.4% from May but up 2.6% annually.
Tulare County saw sales growth on a monthly (9.8%) and annually (16.6%) basis. The median sold price was $389,000 for June, up 1% for the month and up 3.7% for the year.
June home sales activity rose 4% statewide from the 254,190 homes sold in May and was down 0.3% from a year ago, when 264,960 homes were sold on an annualized basis. June’s rebound reversed three consecutive months of sales declines and was only one of two months of sales increases for the first half of 2025. The year-over-year decline marked the third straight decrease and was the first time since late 2023 that annual sales fell for three consecutive months.
“With more properties on the market and price growth flattening, conditions have become more favorable for prospective buyers who have been waiting on the sidelines to re-enter the market and take advantage of increased negotiating power,” said C.A.R. President Heather Ozur, a Palm Springs REALTOR®. “While sales could remain soft at the start of the third quarter, recent improvements in housing sentiment suggest that the market could see a bounce-back in the second half of the year.”
California’s median home price fell for the second straight month in June, slipping below the $900,000 mark for the first time in three months. Year-to-date sales were barely above a year ago and could fall behind last year’s level in July if market activity remains stagnant.