Orange County's housing market remains highly competitive, with only 1.69 months of available inventory. This shortage limits options for buyers, increasing competition and driving quick sales. However, inventory levels have increased by 19.01% over the past year, indicating a gradual improvement in availability.

Despite the limited supply, homes are selling rapidly, with a median of just 27 days on the market. Demand remains strong, pushing properties to sell at an average of 100.1% of the listing price.

The median sold price in the county is currently $1,200,000, reflecting a strong seller’s market. Buyers must act quickly and make competitive offers to secure a property in this high-demand region.

Overall, Orange County's market continues to favor sellers, with limited supply and strong buyer interest driving up prices and reducing time on the market.