California Home Prices Shoot Past $800,000 for the First Time

The pandemic is burnishing California’s reputation for costly housing.

In the latest sign, home prices in the state shot past $800,000 for the first time in April, according to data released Monday by the California Association of Realtors. The new median value of $813,980 is up 7.2% from March and 34% from a year earlier, when pandemic lockdowns mostly froze the housing market.