A Record Breaking Buyer’s Market Is Creating New Opportunities

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According to Redfin, “there were an estimated 506,000 more home sellers than buyers in August, meaning buyers held the negotiating power.” This imbalance, the largest since 2013 aside from one peak month, highlights just how much leverage buyers currently hold.

For those who have been waiting on the sidelines, now may be the best opportunity in years to enter the market, especially in competitive areas like Orange County.

Fewer Buyers, but Mortgage Rates Could Change That

The number of buyers dropped to an estimated 1.4 million in August—“the lowest level in records dating back to 2013 aside from the start of the pandemic.” Yet, declining mortgage rates are beginning to open doors. The average 30-year fixed mortgage rate dipped to 6.26%, the lowest in about a year, and could spark new demand if it falls below 6%.

For sellers, this means keeping a close watch: today’s buyer’s market may not last forever.

Sellers Are Pulling Back Too

The market has also seen retreating sellers. Redfin notes that “the housing market has shed roughly 50,000 sellers over the past three months.” Many are choosing to delist properties after long market times, while others are hesitant to list at all.

In Orange County, where high property values make pricing strategy crucial, sellers who adapt to current market conditions can still position themselves strongly.

Where Buyer’s Markets Are Strongest

Florida and Texas are leading the way with the most extreme buyer’s markets, while just five metro areas remain seller’s markets—mostly on the East Coast. Even markets like Denver, Las Vegas, and Seattle have shifted toward buyers in recent months.

Locally, Anaheim is firmly in buyer’s market territory, with “36.9% more sellers than buyers” and a median sale price of $1,163,228 holding steady. This signals opportunity for Orange County buyers who want leverage in negotiations without steep price increases.

Bottomline

The national housing market shift toward buyers is creating a window of opportunity that hasn’t been seen in over a decade. For Orange County buyers, this means stronger negotiating power and more inventory to choose from. For sellers, it means careful pricing and preparation are more important than ever.

If you’re thinking about buying or selling in Orange County, let’s talk. At Whitestone Real Estate, I specialize in guiding clients through changing markets to achieve their real estate goals. Whether you’re ready to take advantage of today’s buyer leverage or prepare your home to sell competitively, I’m here to help you make your next move with confidence.

Reference: Katz, L., & Khan, A. (2025, September 22). Summer 2025 was the strongest buyer’s market in records dating back over a decade. Redfin.