Orange County’s housing market remains highly competitive, with a 1.86-month supply of inventory. While this reflects a modest 1% increase from the previous month, inventory levels are still down 5% compared to last year, signaling continued supply constraints.

The county recorded 2,439 new listings, with a median list price of $1,290,000. Active listings show slightly higher pricing, with a median of $1,394,000, suggesting sellers remain confident in market conditions.

Buyer demand continues to drive activity, as new pending listings are moving quickly at a median of just 17 days on the market. The median pending price of $1,199,700 indicates that well-positioned homes are attracting strong interest.

Among closed sales, the median sold price stands at $1,200,000, representing a 3% month-over-month increase. Properties are selling at an average of 100.16% of the list price, underscoring persistent competition and limited room for negotiation.