California · New Homes

New homes in California.

New construction communities and active builders across California.

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California is one of the most active new-construction markets in the country, with builders active across 3 major metro areas: Los Angeles, San Diego, San Francisco Bay Area. Current new-home pricing across these markets ranges from $750,000 to $1,200,000. Explore each metro below for local market data, builder incentives, and current pricing, and connect with a licensed professional for quick move-in availability.

At a glance

California market snapshot

New-Home Price Range

$750,000 to $1,200,000

Typical Market Trend

Warm

Metro Areas Covered

Why California

What makes California different

Los Angeles, California

Los Angeles real estate encompasses one of the most diverse metros in America, from ultra-wealthy entertainment enclaves to emerging neighborhoods attracting tech workers and young professionals. New construction is active in downtown LA's Arts District and Santa Monica, with mixed-use residential development, plus suburban growth in the Pasadena and Long Beach areas. Draws buyers for entertainment industry presence and year-round climate and diverse neighborhoods and tech sector growth and celebrity appeal. Major employers include Entertainment and technology and aerospace manufacturing and healthcare and entertainment industry creating diverse high-income employment. Excellent school districts in specific areas including Beverly Hills Unified and Santa Monica Malibu Unified drive premium values.

San Diego, California

San Diego real estate centers on biotech and aerospace employment, with major institutions including UC San Diego and Scripps Health anchoring the research and medical sectors, creating a high-income professional buyer base. New construction is most active in Carlsbad, Encinitas, and north county, with homes from $600,000 to $1.2 million-plus at coastal premium pricing. Draws buyers for biotech and aerospace employment and year-round perfect weather and beach lifestyle and military presence and university research. Major employers include UC San Diego and biotech sector employment and aerospace defense contractors and Scripps Health and Naval Base San Diego military presence. San Diego Unified School District and suburban districts including Carlsbad Encinitas and Del Mar Unified rank among California top performers.

San Francisco Bay Area, California

San Francisco Bay Area real estate centers on technology-sector dominance, with Google, Apple, Meta, and Nvidia creating unprecedented wealth concentration, making the Bay Area the most expensive metro in America outside Manhattan. New construction is limited in desirable urban areas but concentrated in Oakland, San Jose, and the suburban valleys, where mixed-use development and transit-oriented housing are adding density. Draws buyers for tech industry concentration and venture capital and university presence and progressive culture and outdoor lifestyle and bay access. Major employers include Google, Apple, Meta, Nvidia, Tesla, UC Berkeley, Stanford University, and UCSF health system. School districts vary dramatically with excellent suburban options in Palo Alto, Mountain View, and Oakland while San Francisco Unified undergoes modernization.

Who's building

Top builders active in California

Brookfield Residential

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Meritage Homes

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Common questions

California FAQ

Los Angeles: Is Los Angeles a good place to buy a home?

Los Angeles offers diverse neighborhoods and entertainment employment and year-round climate, though traffic and sprawl require careful location selection.

Los Angeles: What is the median home price in Los Angeles?

The median home price in Los Angeles is approximately $750,000 with Beverly Hills and Malibu commanding $2 million plus and outlying areas at $500,000.

Los Angeles: Which Los Angeles neighborhoods have the most new construction?

Downtown LA Arts District and Santa Monica lead with mixed-use development while Pasadena and Long Beach see suburban residential growth.

Los Angeles: Is Los Angeles good for real estate investors?

Los Angeles offers strong rental demand from entertainment and tech workers, though competition and regulation require sophisticated investment strategies.

Los Angeles: What is driving Los Angeles housing demand?

Entertainment industry presence tech sector growth celebrity culture year-round climate and consistent in-migration from other states drive Los Angeles demand.

San Diego: Is San Diego a good place to buy a home?

San Diego offers biotech employment and perfect year-round weather and beach access, though high prices and cost of living present challenges.

San Diego: What is the median home price in San Diego?

The median home price in San Diego is approximately $850,000 with coastal La Jolla and Del Mar at $1.5 million plus and inland areas at $600,000.

San Diego: Which San Diego neighborhoods have the most new construction?

Carlsbad and Encinitas and north county lead San Diego in new construction with mixed-use developments and coastal community growth.

San Diego: Is San Diego good for real estate investors?

San Diego offers strong rental demand from biotech and military professionals, though high acquisition prices limit investment accessibility.

San Diego: What is driving San Diego housing demand?

Biotech and aerospace employment year-round climate beach lifestyle military presence and international investor interest drive sustained demand.

San Francisco Bay Area: Is San Francisco a good place to buy a home?

San Francisco offers unparalleled tech employment and venture capital and cultural amenities, though prices and cost of living present extreme challenges for most buyers.

San Francisco Bay Area: What is the median home price in San Francisco Bay Area?

The median home price in San Francisco Bay Area is approximately $1,200,000 with San Francisco and Palo Alto commanding $2 million plus and outlying areas at $800,000 plus.

San Francisco Bay Area: Which Bay Area neighborhoods have the most new construction?

Oakland and San Jose lead with transit-oriented development while suburban corridors see limited single-family construction due to constraints.

San Francisco Bay Area: Is San Francisco good for real estate investors?

San Francisco appeals only to ultra-wealthy investors, though rental demand remains strong for luxury apartments and professional housings near tech campuses.

San Francisco Bay Area: What is driving Bay Area housing demand?

Tech industry concentration and venture capital presence and university research and progressive culture and outdoor recreation drive persistent Bay Area demand.

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