"For a state where folks are supposedly fleeing, Californians keep their homes for a long time. My trusty spreadsheet peeked at one yardstick of longevity: Attom's study on the average length of ownership for home sellers across the 50 states and the District of Columbia in the third quarter of 2025. This year's California sellers owned their homes for 11.2 years, the third-longest nationwide, and almost 3 years longer than the 8.4 years nationwide. Remember, California's stagnant population is not about people leaving for other states. It's largely due to woefully few Americans moving to the Golden State."
"The longest holding period was in Massachusetts, with sellers owning for 12.9 years, followed by Connecticut at 12.7 years. No. 4 was Rhode Island at 11 years, and Washington state was 10.7 years. Curiously, these states have some of the nation's most expensive homes. The shortest ownership period was in Maine, with sellers owning for 4.8 years, followed by Mississippi at 5.7, South Dakota at 5.8, West Virginia at 6, and Georgia at 6.1. Note that some of the nation's most affordable housing is in these states."
California sellers averaged 11.2 years of homeownership in Q3 2025, exceeding the 8.4-year national average and ranking third-longest among states. Massachusetts led at 12.9 years, followed by Connecticut at 12.7, Rhode Island at 11, and Washington at 10.7. The shortest durations occurred in Maine (4.8 years), Mississippi (5.7), South Dakota (5.8), West Virginia (6), and Georgia (6.1). Texas averaged 7.5 years and ranked 26th; Florida averaged 8.6 years and ranked 16th. Ownership durations are rising nationwide due to pandemic-era low mortgages, an aging population, and high home prices. California's average rose 2.2 years since 2015, double the national increase.
Read at www.ocregister.com
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