Orange County’s housing market remains highly competitive, with a current inventory level of 2.06 months supply. While this reflects a 6% increase from last month, inventory is still down 4% year-over-year, indicating that overall supply remains constrained.

New listings are entering the market at a median price of $1,338,888, while active listings are slightly higher at $1,399,900, across a total of 3,522 available properties. This pricing gap suggests sellers are maintaining strong expectations as demand persists.

Homes are moving exceptionally fast, with pending listings spending a median of just 15 days on the market and carrying a median list price of $1,242,500. This rapid pace highlights continued buyer urgency and competition.

For closed sales, the median sold price sits at $1,200,000, with properties achieving 99.31% of their list price, marking a slight 1% increase in the sold-to-list price ratio. This indicates that while buyers are negotiating slightly, sellers are still securing near-asking price offers.