Community Real Estate

California home to six of nation’s most valuable housing markets

Source: Zillow

The total value of U.S. housing rose more than $2.6 trillion in the past year to just under $52 trillion – up $1.1 trillion from housing’s previous value peak of June 2022, and six California markets were at the top of the metro area rankings, according to a Zillow report.

The top six California markets were: Los Angeles-Orange County at No. 2 in the U.S. at $3.7 trillion, up $3 billion since the June 2022 housing peak; San Francisco: No. 3 at $1.8 trillion, down $176 billion since June 2022; San Diego: No. 9 at $994 billion, up $10 billion since June 2022; San Jose: No. 11 at $909 billion, down $50 billion since June 2022; Riverside: No. 14 at $785 billion, down $25 billion or since June 2022; Sacramento: No. 19 at $482 billion, up down $27 billion since June 2022.

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