Orange County Housing Summary: June 8, 2026
- The active listing inventory in the past couple of weeks increased by 76 homes, up 2%, and now stands at 4,551. Last year, there were 4,645 homes on the market, 94 additional homes, or 2% more. The 3-year average (2017 to 2019) was 6,501, which is 43% 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 30 in the past two weeks, down 2%, and now stands at 1,637. Demand peaked a month ago. Last year, there were 1,633 pending sales, nearly unchanged. The 3-year average (2017 to 2019) was 2,766, which is 69% 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 81 to 83 days in the past couple of weeks. Last year, it was 85 days, similar to today. The 3-year average (2017-2019) was 71 days, faster than today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 75 to 88 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 67 to 65 days. This range represents 14% of the active inventory and 18% of demand.
- The Expected Market Time for homes priced between $1 million and $1.25 million increased from 61 to 64 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 58 to 57 days. This range represents 11% of the active inventory and 16% of demand.
- The Expected Market Time for homes priced between $1.5 million and $2 million decreased from 73 to 72 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 increased from 97 to 101 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 increased from 128 to 140 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 177 to 229 days. For homes priced above $6 million, the Expected Market Time decreased from 295 to 239 days.
- Short sales and foreclosures combined, comprised only 0.3% of all listings and 0.2% of demand. Three foreclosures and nine short sales are available today in Orange County, bringing the total of distressed homes on the active market to nine, up three from 2 weeks ago. Last year, eight distressed homes were on the market, similar to today.
- There were 1,886 closed residential resales in April, up 1% compared to April 2025’s 1,863 sales, and up 2% from March 2026. The sales-to-list price ratio in Orange County was 100.0%. There were no foreclosures, and short sales accounted for 0.1% of all closed sales. That means that 99.9% of all sales were sellers with equity.
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