Orange County Housing Summary: October 12th, 2026

                                                                                                  

David Deem
Broker Associate
714-997-3486


  • The active listing inventory in the past couple of weeks decreased by 28 homes, and now stands at 4,924 (-0.6%). Last year, 4,478 homes were on the market, 446 fewer homes (-9%). The 3-year average (2017 to 2019) was 6,306, which is 28% higher. From January through September, 27% fewer homes came on the market than the 3-year average (2017 to 2019), 8,605 fewer. There were 336 fewer than last year, 1,963 more than in 2024, and 5,075 more than in 2023.

  •      Buyer demand, the number of pending sales over the prior month, plunged by 100 in the past two weeks and now stands at 1,249, down 7%, its lowest October reading since 2007. Last year, there were 1,582 pending sales, up 27%. The 3-year average (2017 to 2019) was 2,206, which is 77% higher than today.

  • With supply slowly falling compared to plunging demand, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 110 to 118 days in the past couple of weeks, its highest level since April 2020. Last year, it was 85 days, much faster than today. The 3-year average (2017-2019) was 87 days, also quicker than today.
  • In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 123 to 126 days. This range represents 22% of the active inventory and 21% of demand. 
  • The Expected Market Time for homes priced between $750,000 and $1 million increased from 94 to 117 days. This range represents 17% of the active inventory and 17% of demand.

  • The Expected Market Time for homes priced between $1 million and $1.25 million increased from 88 to 102 days. This range represents 12% of the active inventory and 14% of demand.

  • The Expected Market Time for homes priced between $1.25 million and $1.5 million increased from 82 to 86 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 108 to 103 days. This range represents 13% of the active inventory and 15% of demand.
  • The Expected Market Time for homes priced between $2 million and $2.5 million increased from 100 to 120 days. This range represents 5% of the active inventory and 5% of demand.
  • Over the past two weeks, the Expected Market Time for homes priced between $2.5 million and $4 million rose from 121 to 125 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 218 to 224 days. For homes priced above $6 million, the Expected Market Time decreased from 454 to 379 days. 
  • Short sales and foreclosures combined comprised only 0.3% of all listings and 0.4% of demand. Orange County has six foreclosures and 11 short sales available today, bringing the total distressed homes on the active market to 17, up four from two weeks ago. Last year, 10 distressed homes were on the market, similar to today.
  • There were 1,755 closed residential resales in August, down 6% from August 2025’s 1,875 sales, and down 9% from July 2026. Orange County's sales-to-list price ratio was 99.5%. Foreclosures accounted for 0.17% of all closed sales, and short sales accounted for 0.11%. That means that 99.72% of all sales were sellers with equity.

www.DeemTeam.com
DRE#01266522

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