Orange County Housing Summary: July 6, 2026
- The active listing inventory in the past couple of weeks increased by 16 homes, nearly unchanged, and now stands at 4,697. Last year, there were 4,817 homes on the market, 120 additional homes, or 3% more. The 3-year average (2017 to 2019) was 6,708, which is 43% 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 48 in the past two weeks, down 3%, and now stands at 1,558. Last year, there were 1,565 pending sales, nearly unchanged. The 3-year average (2017 to 2019) was 2,582, which is 66% higher than today.
- With the inventory unchanged and demand falling, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 87 to 90 days in the past couple of weeks. Last year, it was 92 days, similar to today. The 3-year average (2017-2019) was 78 days, faster than today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 decreased from 89 to 88 days. This range represents 20% of the active inventory and 21% of demand.
- The Expected Market Time for homes priced between $750,000 and $1 million decreased from 74 to 72 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 62 to 65 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 65 to 75 days. This range represents 11% of the active inventory and 13% of demand.
- The Expected Market Time for homes priced between $1.5 million and $2 million increased from 77 to 92 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 109 to 103 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 125 to 124 days. For homes priced between $4 million and $6 million, the Expected Market Time decreased from 267 to 209 days. For homes priced above $6 million, the Expected Market Time increased from 284 to 295 days.
- Short sales and foreclosures combined, comprised only 0.2% of all listings and 0.4% of demand. Four foreclosures and six short sales are available today in Orange County, bringing the total of distressed homes on the active market to ten, up three from two weeks ago. Last year, 14 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.
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