There isn't one statewide answer. Price point and location decide it, and they pull in opposite directions. California contains dozens of local markets behaving differently at the same moment. Entry-level tiers (which depending on the area might run anywhere from the low $400,000s past $1 million) tend to stay firmly seller-friendly, because more buyers can afford that price and inventory there is thin. The higher up the price ladder you go, the more conditions tilt toward buyers, since fewer people shop at $3 million-plus and homes sit longer. Even that split has an override: how the individual home is priced and presented. In any tier, a well-priced, well-executed property still draws multiple offers and moves quickly, while an overpriced one sits and eventually takes a cut, sometimes a six-figure one. To know your specific situation, look at active-versus-sold inventory and days on market for your exact price tier in your city, ideally with a local agent who watches those numbers weekly. Statewide headlines will mislead you here more often than they help.