Orange County Housing Summary: September 28th, 2026

                                                                                                 

David Deem
Broker Associate
714-997-3486


  • The active listing inventory in the past couple of weeks increased by 13 homes, and now stands at 4,952 (nearly unchanged). Last year, 4,576 homes were on the market, 376 fewer homes (-8%). The 3-year average (2017 to 2019) was 6,400, which is 29% higher. From January through August, 27% fewer homes came on the market than the 3-year average (2017 to 2019), 8,010 fewer. There were 515 fewer than last year, 1,832 more than in 2024, and 4,604 more than in 2023.

  •      Buyer demand, the number of pending sales over the prior month, plunged by 119 in the past two weeks and now stands at 1,349, down 8%, its largest drop of the year and its lowest September reading since 2007. Last year, there were 1,609 pending sales, up 19%. The 3-year average (2017 to 2019) was 2,262, which is 68% higher than today.

  • With the supply unchanged and demand plunging, the Expected Market Time, the number of days to sell all Orange County listings at the current buying pace, increased from 101 to 110 days in the past couple of weeks. Last year, it was 85 days, much faster than today. The 3-year average (2017-2019) was 86 days, also quicker than today.
  • In the past two weeks, the Expected Market Time for homes priced below $750,000 increased from 100 to 123 days. This range represents 22% of the active inventory and 20% of demand. 
  • The Expected Market Time for homes priced between $750,000 and $1 million increased from 79 to 94 days. This range represents 16% of the active inventory and 18% of demand.

  • The Expected Market Time for homes priced between $1 million and $1.25 million increased from 84 to 88 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 87 to 82 days. This range represents 11% of the active inventory and 15% of demand.
  • The Expected Market Time for homes priced between $1.5 million and $2 million increased from 99 to 108 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 96 to 100 days. This range represents 6% 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 106 to 121 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 195 to 218 days. For homes priced above $6 million, the Expected Market Time increased from 345 to 454 days. 
  • Short sales and foreclosures combined comprised only 0.3% of all listings and 0.5% of demand. Six foreclosures and seven short sales are available today in Orange County, bringing the total of distressed homes on the active market to 13, up one from two weeks ago. Last year, 12 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

Comments

Post a Comment

Popular posts from this blog

Average Rent in Orange, CA

The average rent for an apartment in Orange is $1,979, a 3% increase compared to the previous year, when the average rent was $1,912. Studio apartments in Orange rent for $1,669 a month, while 1-bedroom apartments ask on average $1,797 a month; the average rent for a 2-bedroom apartment is $2,110. Average Rent in Orange, CA  Last updated Jul 2018 All rentals Studio 1 Bed 2 Beds 3 Beds Average Rent $1,979 $1,669 $1,797 $2,110 $2,568 Y-o-Y Change 3% 5% 4% 3% 3% Average Apartment Size 921 sq. ft. 502 sq. ft. 711 sq. ft. 1,037 sq. ft. 1,352 sq. ft. The average size for a Orange apartment is 921 square feet, but this number varies greatly depending on apartment type. A studio averages 502 sq. ft., while a one-bedroom apartment offers a more generous square footage: 711. 2-bedroom apartments in Orange have an average size of 1,037 sq. ft. Information provided by  Rent CAFE
Read more

Yard Sale this Saturday, June 21st, in Area 1

Image
                                                                Looks like this weekend will be a warm one. How about stepping out, visiting with neighbors, and joining in on our next yard sale? Our next yard sale is this Saturday June 21st in Area 1. That's any family living in the neighborhood South of Chestnut to Collins, East of the 55 Fwy to Wanda . Just visit www.deemteam.com and choose the "Yard Sale" page or use these links http://www.deemteam.com/yard-sale-sign-up http://www.deemteam.com/yard-sale-map-and-calendar Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
Read more

Yard Sale this Saturday, October 11th, in Area 6

Image
                                                                    It looks like we will have some nice cool weather this weekend. How about we step outside, visit with the neighbors, and have ourselves a yard sale? Our next yard sale is Saturday, October 11th in Area 6 . That is any family living in the neighborhood South of Meats to Taft, East of Shaffer to Tustin. Just visit www.deemteam.com and choose the "Yard Sale" page or use these links http://www.deemteam.com/yard-sale-sign-up http://www.deemteam.com/yard-sale-map-and-calendar Looking forward to seeing you there! And remember, We not only host yard sales, we also sell houses! David Deem Broker Associate DRE#01266522
Read more