Housing Market In Southern California 2024. Corelogic® has released its monthly residential southern california home sales numbers for march 2024. According to c.a.r.'s 2024 california housing market forecast, the market will experience a significant recovery in 2024, as mortgage rates are expected to decline and more.

The average home value in california is $773,239, up 4.3% over the past year. Values were still up nearly 6% from a year earlier, but that was smaller than the 12.