Orange County Housing Summary: November 10, 2025
- The active listing inventory in the past couple of weeks decreased by 185 homes, down 4%, and now stands at 4,103, its lowest level since the start of April. Last year, there were 3,516 homes on the market, 587 fewer homes, or 14% less. The 3-year average (2017-2019) was 5,822, which is 42% higher. From January through October, 26% fewer homes came on the market compared to the 3-year average (2017-2019), 9,170 less. Yet, 2,138 more sellers came on the market this year than last, and 5,622 more compared to 2023.
Buyer demand, the number of pending sales over the prior month, decreased by 59, down 4%, and now stands at 1,487. Last year, there were 1,458 pending sales, 2% fewer than today. The 3-year average (2017-2019) was 2,139, which is 44% higher.
- With supply and demand falling at a similar pace, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, remained unchanged at 83 days in the past couple of weeks, its fastest pace since April. It is the highest start to November pace since 2022. Last year, it was 72 days, faster than today. The 3-year average before COVID (2017-2019) was 85 days, similar to today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 64 to 85 days. This range represents 20% of the active inventory and 19% of demand.
- The
Expected Market Time for homes priced between $750,000 and $1 million decreased
from 62 to 55 days. This range
represents 14% of the active inventory and 22% of demand.
- The
Expected Market Time for homes priced between $1 million and $1.25 million decreased
from 71 to 56 days. This range represents 11% of the active inventory and 17%
of demand.
- The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 64 to 70 days. This range represents 11% of the active inventory and 12% of demand.
- The Expected Market Time for homes priced between $1.5 million and $2 million increased from 87 to 88 days. This range represents 13% of the active inventory and 12% of demand.
- The Expected Market Time for homes priced between $2 million and $2.5 million decreased from 159 to 99 days. This range represents 7% of the 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 decreased from 152 to 143 days. For homes priced between $4 million and $6 million, the Expected Market Time decreased from 188 days to 147. For homes priced above $6 million, the Expected Market Time increased from 278 to 282 days.
- Short sales and foreclosures combined, comprised only 0.1% of all listings and 0.4% of demand. No foreclosures and three short sales are available today in Orange County, with a total of three distressed homes on the active market, down two from two weeks ago. Last year, nine distressed homes were on the market, similar to today.
- There were 1,805 closed residential resales in September, 11% higher than September 2024’s 1,622 sales, 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 that 99.8% of all sales were sellers with equity.
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