Orange County Housing Summary: October 26th, 2026
- The active listing inventory in the past couple of weeks increased by 24 homes, and now stands at 4,948 (+0.5%). Last year, 4,288 homes were on the market, 660 fewer homes (-13%). The 3-year average (2017 to 2019) was 6,010, which is 21% 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, declined by 30 in the past two weeks and now stands at 1,219, down 2%, its lowest October reading since 2007. Last year, there were 1,546 pending sales, up 27%. The 3-year average (2017 to 2019) was 2,206, which is 77% higher than today.
- With supply rising slightly and demand falling, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 118 to 122 days in the past couple of weeks, its highest level since January 2019. Last year, it was 83 days, substantially faster than today. The 3-year average (2017-2019) was 85 days, also faster than today.
- In the past two weeks, the Expected Market Time for homes priced below $750,000 decreased from 126 to 120 days. This range represents 22% of the active inventory and 22% of demand.
- The Expected Market Time for homes priced between $750,000 and $1 million decreased from 117 to 99 days. This range represents 17% of the active inventory and 21% of demand.
- The Expected Market Time for homes priced between $1 million and $1.25 million increased from 102 to 109 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 86 to 100 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 103 to 119 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 increased from 120 to 154 days. This range represents 5% of the active inventory and 4% of demand.
- Over the past two weeks, the Expected Market Time for homes priced between $2.5 million and $4 million rose from 125 to 145 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 224 to 260 days. For homes priced above $6 million, the Expected Market Time decreased from 379 to 253 days.
- Short sales and foreclosures combined comprised only 0.4% of all listings and 0.7% of demand. Orange County has seven foreclosures and 11 short sales available today, bringing the total distressed homes on the active market to 18, up one from two weeks ago. Last year, 9 distressed homes were on the market, similar to today.
- There were 1,729 closed residential resales in September, down 4% from September 2025’s 1,805 sales, and down 1% from August 2026. Orange County's sales-to-list price ratio was 99.1%. Foreclosures accounted for 0.12% of all closed sales, and short sales accounted for 0.06%. That means that 99.83% of all sales were sellers with equity.
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