David Dee
Real estate agent employee
714-997-3486
- Active listing inventory has increased by 359 homes in recent weeks, an increase of 13%, and now stands at 3,062. Last year there were 2,759 homes on the market, 303 fewer homes, or 10% less. The 3-year average (2017 to 2019) was 4,640, which is 52% higher. From January to December, 26% fewer homes came onto the market compared to the 3-year average: 10,215 fewer. Still, 2,089 more sellers came to the market this year than last year, and 5,808 more than in 2023.
Buyer demand, the number of pending sales in the previous month, fell by 37 in the past two weeks, a decline of 4%, and now stands at 914. Last year there were 988 pending sales, 8% more than today. The 3-year average (2017 to 2019) was 1,634, which is 79% higher.
- With supply rising and demand falling, the expected market time, the number of days to sell all Orange County listings at the current buying rate, has increased from 85 to 101 days in recent weeks. It is the highest mid-January level since 2019. Last year it was 84 days, faster than today. The three-year average before COVID (2017-2019) was 88 days, faster than today.
- In the past two weeks, the expected market time for homes priced under $750,000 has increased from 85 to 100 days. This range represents 22% of active inventory and 22% of demand.
- The expected market time for homes priced between $750,000 and $1 million increased from 55 to 76 days. This range represents 15% of active inventory and 20% of demand.
- The expected market time for homes priced between $1 million and $1.25 million increased from 56 to 66 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 increased from 70 to 88 days. This range represents 10% of active inventory and 12% of demand.
- The expected market time for homes priced between $1.5 million and $2 million increased from 88 to 96 days. This range represents 13% of active inventory and 13% of demand.
- The expected market time for homes priced between $2 million and $2.5 million increased from 99 to 121 days. This range represents 7% of active inventory and 5% of demand.
- In the past two weeks, the expected market time for homes priced between $2.5 million and $4 million has increased from 132 to 145 days. For homes priced between $4 million and $6 million, the expected market time increased from 170 to 249 days. For homes priced above $6 million, the expected market time increased from 283 to 365 days.
- The combination of short sales and foreclosures amounted to just 0.2% of all listings and 0.7% of demand. There are three foreclosures and three short sales available today in Orange County, bringing the total of distressed homes on the active market to six, up one from two weeks ago. Last year there were six emergency homes on the market, similar to today.
- There were 1,641 closed home resales in November, 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 #January