David Dee
Real estate agent employee
714-997-3486
- Active listing inventory has decreased by 98 homes in recent weeks, a decline of 2%, and now stands at 4,478. Last year there were 3,694 homes on the market, 784 fewer homes, or 18% less. The 3-year average (2017-2019) was 6,306, which is 41% higher. From January to September, 26% fewer homes came onto the market compared to the 3-year average (2017-2019), 8,347 fewer. Still, 2,221 more sellers entered the market this year than last year, and 5,333 more compared to 2023.
Buyer demand, the number of pending sales in the previous month, rose by 18 homes, an increase of 1%, and now stands at 1,609, the highest level since late March. Last year there were 1,591 pending sales, 3% lower than today. The 3-year average (2017-2019) was 2,262, which is 41% higher.
- With inventory and demand declining at a similar pace, the expected market time, the number of days to sell all Orange County listings at the current buying rate, remained unchanged at 86 days in recent weeks. It is the highest October level since 2019. Last year it was 69 days, slightly faster than today. The 3-year average (2017-2019) was 87 days, similar to today.
- In the past two weeks, the expected market time for homes priced under $750,000 has dropped from 69 to 64 days. This range represents 18% of active inventory and 24% of demand.
- The expected market time for homes priced between $750,000 and $1 million is 62 days. This range represents 14% of active inventory and 20% of demand.
- The expected market time for homes priced between $1 million and $1.25 million increased from 67 to 71 days. This range represents 12% of active inventory and 15% of demand.
- The expected market time for homes priced between $1.25 million and $1.5 million increased from 62 to 64 days. This range represents 11% of active inventory and 14% of demand.
- The expected market time for homes priced between $1.5 million and $2 million dropped from 98 to 87 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 increased from 120 to 159 days. This range represents 7% of active inventory and 4% of demand.
- In the past two weeks, the expected market time for homes priced between $2.5 million and $4 million has increased from 148 to 151 days. For homes priced between $4 million and $6 million, the expected market time dropped from 188 to 183 days. For homes priced above $6 million, the expected market time increased from 334 to 431 days.
- Short sales and foreclosures together represented only 0.2% of all listings and 0.3% of demand. There are only four foreclosures and three short sales available in Orange County today, with a total of seven distressed homes on the active market, down one from two weeks ago. Last year there were five emergency homes on the market, similar to today.
- There were 1,805 closed home resales in September, up 11% from the 1,622 sales of September 2024, but down 4% from August 2025. The sales-to-list price ratio was 97.8% for Orange County. Foreclosures accounted for 0.2% of all closed sales. That means 99.8% of all sales were equity sellers.
DRE#01266522
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