California Buyers in 2026: New or Resale?
In April 2026, California’s housing market continues to show a significant divide:
📉 Existing home sales have seen a pullback, with recent reports from the California Association of Realtors (C.A.R.) noting that high median prices—approaching the $905,000 mark—and a "locked-in" effect for sellers are keeping resale volume modest.
📈 New home sales are gaining ground, often outperforming the resale market thanks to aggressive builder incentives. Nationally, sales of new homes have seen double-digit year-over-year growth as builders offer mortgage rate buydowns and modern, energy-efficient designs that resale homes often lack.
From financial perks to the "move-in ready" appeal, builders are pulling out all the stops to attract today’s buyers. However, resale homes still hold the edge for many due to established neighborhoods, unique character, and often more desirable central locations.
But when it comes down to it—which would you choose if buying today?