Orange County Housing Summary: April 27, 2026
- The active listing inventory in the past couple of weeks increased by 227 homes, up 6%, and now stands at 4,206. Last year, there were 4,186 homes on the market, 20 fewer homes, or nearly identical to today. The 3-year average (2017 to 2019) was 6,002, which is 43% higher. From January through March, 24% fewer homes came on the market than the 3-year average (2017 to 2019), 2,433 fewer. There were 328 fewer than last year, 1,181 more than in 2024, and 2,053 more than in 2023.
Buyer demand, the number of pending sales over the prior month, decreased by 15 in the past two weeks, down 1%, and now stands at 1,584. Demand peaked four weeks ago. Last year, there were 1,546 pending sales, 2% fewer. The 3-year average (2017 to 2019) was 2,780, which is 76% higher.
- With supply increasing and demand falling slightly, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 75 to 80 days in the past couple of weeks, its highest reading since 101 days in mid-January. Last year, it was 81 days, similar to today. The 3-year average (2017-2019) was 65 days, quicker than today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 held at 85 days. This range represents 21% of the active inventory and 20% of demand.
- The Expected Market Time for homes priced between $750,000 and $1 million increased from 48 to 59 days. This range represents 13% of the active inventory and 17% of demand.
- The Expected Market Time for homes priced between $1 million and $1.25 million increased from 53 to 58 days. This range represents 11% of the active inventory and 15% of demand.
- The Expected Market Time for homes priced between $1.25 million and $1.5 million decreased from 59 to 57 days. This range represents 10% of the active inventory and 14% of demand.
- The Expected Market Time for homes priced between $1.5 million and $2 million increased from 64 to 70 days. This range represents 14% of the active inventory and 16% of demand.
- The Expected Market Time for homes priced between $2 million and $2.5 million decreased from 103 to 87 days. This range represents 8% of the active inventory and 7% of demand.
- In the past two weeks, the Expected Market Time for homes priced between $2.5 million and $4 million increased from 114 to 131 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 158 to 161 days. For homes priced above $6 million, the Expected Market Time increased from 293 to 303 days.
- Short sales and foreclosures combined, comprised only 0.3% of all listings and 0.3% of demand. Six foreclosures and six short sales are available today in Orange County, bringing the total of distressed homes on the active market to 12, up two from 2 weeks ago. Last year, nine distressed homes were on the market, similar to today.
- There were 1,851 closed residential resales in March, up 3% compared to March 2025’s 1,801 sales, and up 36% from February 2026. The sales-to-list price ratio in Orange County was 100.0%. Foreclosures accounted for 0.1% of all closed sales, and there were no short sales. That means that 99.9% of all sales were sellers with equity.
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