TERRI ALVES HOMES

Is October The Best Time To Buy In California’s Hottest Markets?


October is an optimal period for buyers in most California markets, especially in sought-after areas like Los Angeles, Bay Area and Central Coast. Inventory levels have risen compared to the summer, giving buyers a greater choice while competition slows during the pause for the upcoming holidays.  Sellers who listed earlier in the year and didn’t secure a sale can be motivated, often adjusting prices or improving property presentation, which can translate into increased negotiating power and value-driven opportunities for buyers. This annual seasonal lull—starting mid-October serves as a welcome window for discerning buyers to secure mid to upscale properties at compelling prices some with more flexible terms. For entry-level homes, rapid movement means prompt action is vital, while luxury and mid-tier buyers gain extra leverage as high-end inventory tends to sit longer