California’s ‘Stay Put’ Housing Problem Is Getting Worse

Californians are keeping their homes longer than ever, and new data shows that metros across the state are unlikely to reverse that trend any time soon.

Los Angeles homeowners hold on to their real estate the longest, for more than 20 years, according to a recent Redfin report that compiled data from 2005 to 2025. That’s the most of any U.S. metropolitan area, up from an average of 19.4 years in 2024. The region also had one of the highest increases in home tenure: Over the last decade from 2015 to 2025, median tenure in the LA area increased by five years.

San Jose properties also tend to stay in the same hands for an extended period, with the Bay Area metro coming in second. Homeowners there hang on for a median tenure of 18.7 years, and that duration was also up drastically from 2015, with an additional 4.8 years…

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