California’s median home price returned above $900,000 in August while sales improved from July. Buyers also gained a little more time and inventory, but higher mortgage rates kept affordability tight.
Sellers Real Estate Insights
Alabama’s Fall Market Has More Choices Without Losing Momentum
Alabama’s summer market cooled on schedule in August, but sales remained ahead of last year and inventory continued to improve. In Birmingham, the July median was nearly flat year over year, while August pending contracts were 4.0% above last year.
California’s Market Softened in July. Inventory Is Still Tight.
California’s median fell to $887,680 in July and inventory improved from June, but supply remained tighter than a year ago. Local markets are still split.
What 2025 Listing Data Suggests for Sellers in 2026
A large study of 2025 listings found associations between certain property descriptions and sale results. The practical lesson is to present the home accurately, not renovate for a headline.