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Jun 24, 2026

California’s housing prices reach staggering new high as city drives sales through the roof

Bay Area home sales are raising California’s median housing price Email New York Post Read the Latest on Page Six

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California’s housing prices reach staggering new high as city drives sales through the roof

By Ross O'Keefe Published June 18, 2026, 11:30 a.m. ET

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Pricey Bay Area home sales are sending California’s median housing prices to record highs, according to the California Association of Realtors.

The median cost of a home in the Golden State reached $930,260 in May, a 2.3% increase from April and a 3.1% increase from the same time last year.

Aerial view of homes in a neighborhood in San Francisco, California.
Several Bay Area counties saw increases in their median home price, including San Francisco County, which recorded a monstrous jump of 22.2% since May 2025. Getty Images

At the same time, the Bay Area recorded a 3.6% jump in the median price for a single-family home in May. The median price in the Bay Area for a home that month was $1.45 million.

Several Bay Area counties saw increases in their median home price, including San Francisco County, which recorded a monstrous jump of 22.2% since May 2025. The median price there is $2.2 million.

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