Orange County Housing Summary: June 22, 2026

                                                                                            

David Deem
Broker Associate
714-997-3486


  • The active listing inventory in the past couple of weeks increased by 130 homes, up 3%, and now stands at 4,681. Last year, there were 4,894 homes on the market, 213 additional homes, or 5% more. The 3-year average (2017 to 2019) was 6,633, which is 42% higher. From January through May, 27% fewer homes came on the market than the 3-year average (2017 to 2019), 4,937 fewer. There were 489 fewer than last year, 1,556 more than in 2024, and 3,280 more than in 2023.

  •      Buyer demand, the number of pending sales over the prior month, decreased by 31 in the past two weeks, down 2%, and now stands at 1,606. Demand peaked 6 weeks ago. Last year, there were 1,614 pending sales, nearly unchanged. The 3-year average (2017 to 2019) was 2,679, which is 67% higher than today.

  • With the inventory rising and demand falling, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 83 to 87 days in the past couple of weeks. Last year, it was 91 days, similar to today. The 3-year average before (2017-2019) was 75 days, faster than today.
  • In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 88 to 89 days. This range represents 20% of the active inventory and 20% of demand. 
  • The Expected Market Time for homes priced between $750,000 and $1 million increased from 65 to 74 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 decreased from 64 to 62 days. This range represents 11% of the active inventory and 16% of demand.

  • The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 57 to 65 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 increased from 72 to 77 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 increased from 101 to 109 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 140 to 125 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 229 to 267 days. For homes priced above $6 million, the Expected Market Time increased from 239 to 284 days. 
  • Short sales and foreclosures combined, comprised only 0.1% of all listings and 0.6% of demand. One foreclosure and six short sales are available today in Orange County, bringing the total of distressed homes on the active market to seven, down five from two weeks ago. Last year, 12 distressed homes were on the market, similar to today.
  • There were 1,809 closed residential resales in May, down 1% compared to May 2025’s 1,819 sales, and down 4% from April 2026. The sales-to-list price ratio in Orange County was 100.0%. Foreclosures accounted for 0.1% of all closed sales, and short sales accounted for 0.1% as well. That means that 99.8% of all sales were sellers with equity.

www.DeemTeam.com
DRE#01266522

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