Orange County's housing market remains highly competitive, with only 2.41 months of available inventory. This limited supply creates challenges for buyers while presenting opportunities for sellers. Notably, inventory levels have decreased by 12% from the previous month, indicating a tightening market that increases competition and drives quicker decision-making.

Despite the constrained supply, homes are selling rapidly, with new pending listings moving in a median of just 26 days on the market, reflecting an 8% increase from last month. Demand remains robust, with properties selling at an average of 99.17% of the listing price, demonstrating minimal room for negotiation.

The median sold price in the county is currently $1,205,000, while active listings are priced slightly higher at $1,399,000, reflecting strong seller confidence in this high-demand region. Buyers must act quickly and make competitive offers to secure a property in this market.

Overall, Orange County's market continues to favor sellers, with declining inventory and strong buyer interest maintaining pressure on prices and keeping time on the market relatively short. Timing coordination between purchases and sales is crucial for those looking to navigate this competitive landscape successfully.

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