Orange County Housing Summary: July 20th, 2026

                                                                                              

David Deem
Broker Associate
714-997-3486


  • The active listing inventory in the past couple of weeks increased by 323 homes, up 7%, and now stands at 5,020, its largest rise since the first couple of weeks of the year. Last year, there were 5,050 homes on the market, 30 additional homes, or 1% more. The 3-year average (2017 to 2019) was 6,776, which is 35% higher. From January through June, 28% fewer homes came on the market than the 3-year average (2017 to 2019), 6,197 fewer. There were 679 fewer than last year, 1,557 more than in 2024, and 3,597 more than in 2023.

  •      Buyer demand, the number of pending sales over the prior month, decreased by 86 in the past two weeks, down 6%, and now stands at 1,472, its largest drop of the year, and its lowest level since January. Last year, there were 1,584 pending sales, up 8%. The 3-year average (2017 to 2019) was 2,578, which is 75% higher than today.

  • With the inventory rising substantially and demand falling considerably, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 90 to 102 days in the past couple of weeks, its highest reading since April 2020 during the COVID lockdown. Last year, it was 96 days, slightly faster than today. The 3-year average (2017-2019) was 80 days, faster than today.
  • In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 88 to 96 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 increased from 72 to 80 days. This range represents 15% of the active inventory and 19% of demand.

  • The Expected Market Time for homes priced between $1 million and $1.25 million increased from 65 to 78 days. This range represents 12% of the active inventory and 15% of demand.

  • The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 75 to 81 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 92 to 110 days. This range represents 14% of the active inventory and 13% of demand.
  • The Expected Market Time for homes priced between $2 million and $2.5 million increased from 103 to 129 days. This range represents 7% 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 increased from 124 to 151 days. For homes priced between $4 million and $6 million, the Expected Market Time decreased from 209 to 191 days. For homes priced above $6 million, the Expected Market Time increased from 295 to 341 days. 
  • Short sales and foreclosures combined comprised only 0.2% of all listings and 0.4% of demand. Four foreclosures and four short sales are available today in Orange County, bringing the total of distressed homes on the active market to eight, down two from two weeks ago. Last year, 6 distressed homes were on the market, similar to today.
  • There were 1,994 closed residential resales in June, up 9% compared to June 2025’s 1,828 sales, and up 10% from May 2026. The sales-to-list price ratio in Orange County was 99.9%. Foreclosures accounted for 0.1% of all closed sales, and short sales accounted for 0.3% as well. That means that 99.7% of all sales were sellers with equity.

www.DeemTeam.com
DRE#01266522

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