California Housing Sees Recovery After Slowdown

California home sales rose 4% to 264,260 in June—first bump after three-month slump.

Median home price now $899,560—slightly lower than May and last June.

Inventory jumped 40% year-over-year—buyers finally get choices and negotiating room.
Homes now sit 24 days on market—6 days longer than last year.
Market's shifting toward balance—not a buyer’s market yet, but closer than ever.


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