David Dee
Real estate agent employee
714-997-3486
- Active listing inventory has increased by 117 properties in recent weeks, an increase of 4%, and now stands at 3,179. Last year there were 2,821 homes on the market, 358 fewer homes, or 11% less. The 3-year average (2017 to 2019) was 4,695, which is 48% higher. In January, 15% fewer homes came onto the market than the 3-year average (2017 to 2019), 466 fewer. Only 43 more sellers entered the market in January than in January last year, 534 more than in 2024 and 878 more than in 2023.
Buyer demand, the number of pending sales in the past month, has increased by 350 in the past two weeks, an increase of 38%, and now stands at 1,264. Last year there were 1,340 pending sales, 6% more than today. The 3-year average (2017 to 2019) was 2,083, which is 65% higher.
- As demand increased compared to the smaller increase in supply, the expected time to market, the number of days to sell all listings in Orange County at the current buying rate, dropped from 101 to 75 days in recent weeks. Nevertheless, this is the highest level at the end of January since 2019. Last year it was 63 days, faster than today. The 3-year average (2017-2019) was 70 days, similar to today.
- In the past two weeks, the expected market time for homes priced under $750,000 has dropped from 100 to 81 days. This range represents 22% of active inventory and 21% of demand.
- The expected market time for homes priced between $750,000 and $1 million dropped from 76 to 56 days. This range represents 14% of active inventory and 19% of demand.
- The expected market time for homes priced between $1 million and $1.25 million dropped from 66 to 46 days. This range represents 10% of active inventory and 16% of demand.
- The expected market time for homes priced between $1.25 million and $1.5 million dropped from 88 to 54 days. This range represents 10% of active inventory and 14% of demand.
- The expected market time for homes priced between $1.5 million and $2 million dropped from 96 to 81 days. This range represents 14% of active inventory and 13% of demand.
- The expected market time for homes priced between $2 million and $2.5 million dropped from 121 to 88 days. This range represents 7% of active inventory and 6% of demand.
- In the past two weeks, the expected market time for homes priced between $2.5 million and $4 million has dropped from 145 to 117 days. For homes priced between $4 million and $6 million, the expected market time dropped from 249 to 170 days. For homes priced above $6 million, the expected market time dropped from 365 to 267 days.
- The combination of short sales and foreclosures amounted to just 0.1% of all listings and 0.5% of demand. There are two foreclosures and two short sales available today in Orange County, bringing the total of distressed homes on the active market to four, down two from two weeks ago. Last year there were seven emergency homes on the market, comparable to today.
- There were 1,641 closed home resales in December, nearly identical to the 1,634 sales of December 2024, and up 10% from November 2025. The sales-to-list price ratio in Orange County was 98.0%. Foreclosures accounted for 0.1% of all closed sales, and short sales for 0.1%. That means 99.8% of all sales were equity sellers.
DRE#01266522
#Orange #County #Housing #Summary #February