Orange County Housing Summary: August 17th, 2026

                                                                                               

David Deem
Broker Associate
714-997-3486


  • The active listing inventory in the past couple of weeks increased by 8 homes, nearly unchanged, and now stands at 5,054. Last year, there were 5,011 homes on the market, 43 fewer homes (-1%). The 3-year average (2017 to 2019) was 6,723, which is 33% higher. From January through July, 27% fewer homes came on the market than the 3-year average (2017 to 2019), 6,899 fewer. There were 572 fewer than last year, 1,896 more than in 2024, and 4,332 more than in 2023.

  •      Buyer demand, the number of pending sales over the prior month, increased by 41 in the past two weeks, and now stands at 1,535 (+3%), its largest rise since the start of May. Last year, there were 1,652 pending sales, up 8%. The 3-year average (2017 to 2019) was 2,574, which is 68% higher than today.

  • With the inventory nearly unchanged and demand rising, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, decreased from 101 to 99 days in the past couple of weeks. Last year, it was 91 days, slightly faster than today. The 3-year average (2017-2019) was 79 days, faster than today.
  • In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 96 to 99 days. This range represents 21% of the active inventory and 21% of demand. 
  • The Expected Market Time for homes priced between $750,000 and $1 million increased from 80 to 83 days. This range represents 15% of the active inventory and 18% of demand.

  • The Expected Market Time for homes priced between $1 million and $1.25 million increased from 78 to 85 days. This range represents 12% of the active inventory and 14% of demand.

  • The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 81 to 82 days. This range represents 11% of the active inventory and 14% of demand.
  • The Expected Market Time for homes priced between $1.5 million and $2 million decreased from 110 to 96 days. This range represents 14% of the active inventory and 14% of demand.
  • The Expected Market Time for homes priced between $2 million and $2.5 million decreased from 129 to 103 days. This range represents 6% 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 148 to 111 days. For homes priced between $4 million and $6 million, the Expected Market Time decreased from 188 to 168 days. For homes priced above $6 million, the Expected Market Time increased from 276 to 370 days. 
  • Short sales and foreclosures combined comprised only 0.2% of all listings and 0.7% of demand. Four foreclosures and five short sales are available today in Orange County, bringing the total of distressed homes on the active market to 9, down one from two weeks ago. Last year, 7 distressed homes were on the market, similar to today.
  • There were 1,930 closed residential resales in July, nearly identical to July 2025’s 1,934 sales, and down 3% from June 2026. The sales-to-list price ratio in Orange County was 99.5%. Foreclosures accounted for 0.05% of all closed sales, and short sales accounted for 0.05%. That means that 99.9% of all sales were sellers with equity.

www.DeemTeam.com
DRE#01266522

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