Orange County's housing market continues to favor sellers, though buyers are seeing a gradual increase in available inventory. The market currently has a 2.75-month supply of inventory, with active listings rising 3% from last month to 4,736 homes. While this provides buyers with more options than in previous months, supply remains below what is typically considered a balanced market.

Homes continue to move quickly, with new pending listings spending a median of just 21 days on the market before going under contract. This rapid pace reflects continued buyer demand, even as inventory inches upward.

The median active list price currently stands at $1,388,400, while new pending listings carry a median price of $1,200,000. New listings entered the market at a median price of $1,280,000, closely aligning with the median sold price. Home values also remain stable, with sold prices increasing 1% month over month, while sellers received an average of 99.54% of their asking price.

Overall, Orange County remains a competitive market where well-priced homes continue to attract strong interest. Buyers may benefit from the slight increase in inventory, but acting quickly remains essential when desirable properties become available.