100 cities with year-over-year price decreases
-48.1%
Biggest Drop
-19.2%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Cherry Valley | -48.1% | $350K | 43 days | 2.1 mo |
| 2 | Beverly Hills | -41.7% | $2.43M | 95 days | 5.2 mo |
| 3 | Burlingame | -41.5% | $2.10M | 29 days | 0.6 mo |
| 4 | Pismo Beach | -40.8% | $868K | 50 days | 4.3 mo |
| 5 | Emeryville | -38.6% | $439K | 59 days | 1.6 mo |
| 6 | Carmel | -37.1% | $1.84M | 21 days | 3.1 mo |
| 7 | Walnut | -35.3% | $950K | 44 days | 5.1 mo |
| 8 | San Juan Capistrano | -34.9% | $1.37M | 77 days | 1.3 mo |
| 9 | Topanga | -34.6% | $975K | 135 days | 4.1 mo |
| 10 | Mentone | -33.3% | $407K | 53 days | 1.8 mo |
| 11 | Dana Point | -33.3% | $1.33M | 90 days | 2.8 mo |
| 12 | El Sobrante | -31.9% | $575K | 34 days | 1.6 mo |
| 13 | Manhattan Beach | -29.4% | $3.00M | 72 days | 2.0 mo |
| 14 | Belmont | -27.9% | $1.76M | 35 days | 0.3 mo |
| 15 | Hacienda Heights | -27.1% | $742K | 58 days | 2.6 mo |
| 16 | Auburn | -27.1% | $543K | 76 days | 1.9 mo |
| 17 | Boulder Creek | -27.0% | $499K | 45 days | 2.6 mo |
| 18 | Lafayette | -26.1% | $1.55M | 22 days | 1.5 mo |
| 19 | Oak Park | -25.5% | $875K | 58 days | 3.9 mo |
| 20 | Laguna Niguel | -25.3% | $1.26M | 86 days | 2.0 mo |
| 21 | Del Monte Forest | -24.5% | $2.75M | 59 days | 3.6 mo |
| 22 | Big Bear City | -24.3% | $338K | 93 days | 6.7 mo |
| 23 | Pleasant Hill | -23.2% | $730K | 34 days | 1.0 mo |
| 24 | Coto de Caza | -22.7% | $1.41M | 53 days | 2.9 mo |
| 25 | Hermosa Beach | -22.4% | $1.94M | 60 days | 2.1 mo |
| 26 | Crestline | -22.2% | $314K | 148 days | 7.6 mo |
| 27 | Foster City | -22.1% | $1.38M | 44 days | 0.9 mo |
| 28 | Bermuda Dunes | -22.0% | $740K | 40 days | 5.7 mo |
| 29 | Anderson | -21.6% | $245K | 71 days | 1.8 mo |
| 30 | Monrovia | -21.6% | $863K | 47 days | 2.1 mo |
| 31 | Arroyo Grande | -21.5% | $920K | 30 days | 1.4 mo |
| 32 | Pacific Grove | -21.1% | $1.06M | 28 days | 1.9 mo |
| 33 | Rancho San Diego | -21.1% | $740K | 40 days | 1.3 mo |
| 34 | Morro Bay | -21.1% | $825K | 34 days | 3.6 mo |
| 35 | Walnut Creek | -20.9% | $690K | 39 days | 0.9 mo |
| 36 | Oakhurst | -20.7% | $539K | 96 days | 6.3 mo |
| 37 | Ramona | -20.5% | $775K | 18 days | 2.9 mo |
| 38 | Healdsburg | -20.3% | $1.28M | 62 days | 5.2 mo |
| 39 | Bear Valley Springs | -20.2% | $408K | 121 days | 8.4 mo |
| 40 | Los Gatos | -19.8% | $2.00M | 36 days | 1.3 mo |
| 41 | San Dimas | -19.3% | $690K | 63 days | 2.2 mo |
| 42 | Colton | -19.2% | $420K | 75 days | 2.3 mo |
| 43 | Phelan | -19.1% | $441K | 31 days | 2.7 mo |
| 44 | Oroville | -18.6% | $240K | 84 days | 3.1 mo |
| 45 | Kingsburg | -18.4% | $460K | 32 days | 1.4 mo |
| 46 | San Marcos | -18.4% | $800K | 49 days | 1.5 mo |
| 47 | Susanville | -18.1% | $188K | 40 days | 5.8 mo |
| 48 | North Auburn | -18.0% | $500K | 119 days | 1.5 mo |
| 49 | Bostonia | -17.7% | $420K | 82 days | 2.5 mo |
| 50 | Saratoga | -17.6% | $3.50M | 24 days | 0.6 mo |
| 51 | Gardena | -17.3% | $765K | 67 days | 3.4 mo |
| 52 | Lynwood | -16.9% | $700K | 71 days | 3.2 mo |
| 53 | Rosedale | -16.6% | $593K | 70 days | 2.1 mo |
| 54 | Silver Lakes | -16.5% | $368K | 44 days | 4.1 mo |
| 55 | San Anselmo | -16.4% | $1.34M | 17 days | 1.0 mo |
| 56 | San Mateo | -16.0% | $1.33M | 30 days | 0.8 mo |
| 57 | Ridgecrest | -15.9% | $243K | 45 days | 2.7 mo |
| 58 | Pine Mountain Lake | -15.9% | $368K | 140 days | 3.9 mo |
| 59 | Duarte | -15.7% | $683K | 50 days | 1.4 mo |
| 60 | Lodi | -15.7% | $510K | 47 days | 1.8 mo |
| 61 | Gilroy | -15.2% | $890K | 15 days | 1.1 mo |
| 62 | Pine Mountain Club | -15.2% | $360K | 123 days | 8.7 mo |
| 63 | Charter Oak | -15.2% | $542K | 72 days | 2.6 mo |
| 64 | Desert Palms | -15.1% | $485K | 70 days | 3.5 mo |
| 65 | Bay Point | -14.0% | $430K | 18 days | 1.6 mo |
| 66 | Brentwood | -14.0% | $723K | 63 days | 1.6 mo |
| 67 | Yosemite Lakes | -14.0% | $400K | 129 days | 4.6 mo |
| 68 | Sun Village | -13.9% | $480K | 141 days | 5.4 mo |
| 69 | Solana Beach | -13.9% | $1.66M | 147 days | 2.5 mo |
| 70 | Truckee | -13.7% | $1.30M | 80 days | 3.4 mo |
| 71 | Davis | -13.6% | $751K | 52 days | 1.5 mo |
| 72 | La Quinta | -13.4% | $845K | 49 days | 4.9 mo |
| 73 | Denair | -13.3% | $460K | 61 days | 1.0 mo |
| 74 | Dixon | -13.3% | $529K | 51 days | 2.7 mo |
| 75 | Newport Beach | -13.0% | $3.36M | 79 days | 3.2 mo |
| 76 | Norco | -12.7% | $840K | 75 days | 2.2 mo |
| 77 | Valley Center | -12.7% | $825K | 61 days | 3.6 mo |
| 78 | South Pasadena | -12.3% | $1.78M | 88 days | 2.9 mo |
| 79 | El Monte | -12.3% | $711K | 55 days | 2.3 mo |
| 80 | San Lorenzo | -12.1% | $748K | 16 days | 0.8 mo |
| 81 | Novato | -11.8% | $800K | 67 days | 0.9 mo |
| 82 | Santa Barbara | -11.3% | $1.92M | 72 days | 2.2 mo |
| 83 | Newport Coast | -11.3% | $7.10M | 90 days | 2.6 mo |
| 84 | Highgrove | -11.0% | $645K | 67 days | 1.8 mo |
| 85 | Rancho Murieta | -10.9% | $693K | 65 days | 1.8 mo |
| 86 | Mira Loma | -10.7% | $804K | 68 days | 1.9 mo |
| 87 | Paramount | -10.2% | $609K | 36 days | 1.8 mo |
| 88 | El Dorado Hills | -10.2% | $878K | 52 days | 2.2 mo |
| 89 | Arden-Arcade | -10.2% | $520K | 22 days | 1.5 mo |
| 90 | Thousand Oaks | -10.0% | $1.03M | 77 days | 2.0 mo |
| 91 | Morgan Hill | -10.0% | $925K | 29 days | 1.3 mo |
| 92 | Lemoore | -9.9% | $365K | 50 days | 4.4 mo |
| 93 | Pedley | -9.7% | $613K | 67 days | 1.3 mo |
| 94 | Laguna Hills | -9.7% | $889K | 43 days | 1.3 mo |
| 95 | Newark | -9.6% | $1.32M | 40 days | 1.0 mo |
| 96 | Oak Hills | -9.2% | $645K | 117 days | 3.4 mo |
| 97 | Corona | -9.1% | $740K | 52 days | 2.7 mo |
| 98 | Grand Terrace | -8.8% | $515K | 36 days | 3.6 mo |
| 99 | East Foothills | -8.8% | $1.55M | 28 days | 0.3 mo |
| 100 | El Cajon | -8.3% | $715K | 32 days | 1.8 mo |
100 cities in California are experiencing year-over-year price declines. The largest drop is in Cherry Valley at -48.1%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Several California cities are experiencing year-over-year price declines. Our data tracks median home prices across all major California markets, updated regularly. Check the city list above to see which areas have the largest price drops and best buying opportunities.
Price drops typically occur when housing inventory increases faster than buyer demand. Contributing factors in California include rising inventory from new construction, higher mortgage rates reducing buyer purchasing power, and market corrections in areas that saw rapid price appreciation.
Market forecasts vary by city. Areas with growing inventory and slowing demand may see continued price softening, while cities with strong job growth and limited supply tend to stabilize. Monitor months of supply and price trends in your target California city for the most accurate picture.
Falling prices can present excellent buying opportunities, especially if you're planning to stay long-term. The key is understanding whether the decline is a temporary correction or a deeper structural issue. A local California agent can help you evaluate specific neighborhoods and identify properties priced below market value.
Price changes vary significantly across California cities. Some areas have seen modest 1-3% declines, while others may show larger drops of 5% or more. Use our city-level data above to see the exact year-over-year price change for each market.
Work with a local agent who can help you identify value in changing markets.
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