Orange County Housing Summary: March 16, 2026
- The active listing inventory in the past couple of weeks increased by 156 homes, up 4%, and now stands at 3,687. Last year, there were 3,419 homes on the market, 268 fewer homes, or 7% less. The 3-year average (2017 to 2019) was 5,100, which is 38% higher. From January through February, 22% fewer homes came on the market than the 3-year average (2017 to 2019), 1,383 fewer. There were 238 fewer than last year, 684 more than in 2024, and 1,331 more than in 2023.
Buyer demand, the number of pending sales over the prior month, increased by 97 in the past two weeks, up 6%, and now stands at 1,639. Last year, there were 1,665 pending sales, 2% more than today. The 3-year average (2017 to 2019) was 2,429, which is 48% higher.
- With demand increasing faster than supply, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, decreased from 69 to 67 days in the past couple of weeks. Last year, it was 62 days, slightly faster than today. The 3-year average (2017-2019) was 63 days, also slightly quicker than today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 decreased from 66 to 63 days. This range represents 20% of the active inventory and 22% of demand.
- The Expected Market Time for homes priced between $750,000 and $1 million decreased from 52 to 50 days. This range represents 14% of the active inventory and 19% of demand.
- The Expected Market Time for homes priced between $1 million and $1.25 million increased from 49 to 51 days. This range represents 10% of the active inventory and 13% of demand.
- The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 42 to 45 days. This range represents 10% of the active inventory and 16% of demand.
- The Expected Market Time for homes priced between $1.5 million and $2 million decreased from 69 to 62 days. This range represents 14% of the active inventory and 15% of demand.
- The Expected Market Time for homes priced between $2 million and $2.5 million decreased from 101 to 91 days. This range represents 8% of the 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 decreased from 126 to 123 days. For homes priced between $4 million and $6 million, the Expected Market Time decreased from 117 to 111 days. For homes priced above $6 million, the Expected Market Time increased from 262 to 330 days.
- Short sales and foreclosures combined, comprised only 0.2% of all listings and 0.2% of demand. Two foreclosures and five short sales are available today in Orange County, bringing the total of distressed homes on the active market to seven, up three from two weeks ago. Last year, four distressed homes were on the market, similar to today.
- There were 1,364 closed residential resales in February, down 7% compared to February 2025’s 1,465 sales, and up 12% from January 2026. The sales-to-list price ratio in Orange County was 99.4%. Foreclosures accounted for 0.2% of all closed sales, and there were no short sales. That means that 99.8% of all sales were sellers with equity.
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