Orange County Housing Market Update – September 2025 (SFR + Condo)

🏡 Orange County SFR Market Overview (Sep 24, 2025)

The Orange County SFR housing market continues to show a slight seller’s advantage with a Market Action Index (MAI) of 41, holding steady from last month. The median list price is $1,898,000, and inventory has decreased to 2,782 homes, suggesting a moderately tight market. However, extended days on market and a 36% price decrease rate indicate softening demand and increased buyer leverage in negotiations.

Orange County Housing Market Snapshot – Single Family Residences

Median List Price: $1,898,000
Market Action Index (MAI): 41 — Slight Seller’s Advantage
Inventory: 2,782 homes (↓ from last month)
Days on Market: Avg 92 days

What It Means:

For Sellers:
Slight edge — pricing remains strong but competition is growing. Homes are taking longer to sell, so strategic pricing is key.
For Buyers:
More inventory offers greater choice, but limited price drops (only 2% increased, 36% decreased). Negotiation room is improving slightly.

🏢 Orange County Condo Market Overview (Sep 24, 2025)

The Orange County condo market maintains a slight seller’s advantage with a Market Action Index (MAI) of 40, unchanged from last month. The median list price is $859,000, and inventory has declined to 1,768 units, suggesting moderate supply pressure. However, with 37% of listings seeing price reductions and average days on market at 75, buyer competition appears to be softening, providing room for negotiation.

🏢 OC Condo Market Update – Sep 24, 2025

Median List Price: $859,000
Inventory: 1,768 condos (↓ from last month)
Market Action Index: 40 – Slight Seller’s Advantage
Avg Days on Market: 75
Price Reductions: 37% of listings

What It Means:

Sellers:
Still holding the advantage, but price sensitivity is rising. Be ready to adjust pricing or wait longer for offers.
Buyers:
More room to negotiate, especially with high price-cut activity. Less urgency — take time to shop and compare.

🏡 Newport Beach SFR Market Overview (Sep 24, 2025)

The Newport Beach SFR market holds a slight seller’s advantage with a Market Action Index of 31, unchanged from last month. The median list price is $5,995,000, and inventory has dropped to 182 homes, signaling tight supply. However, 119 average days on market and 34% price reductions indicate buyer resistance at current price levels. If the trend of low inventory continues, upward pricing pressure may return, but for now, the market shows signs of softening demand.

🏡 Newport Beach SFR Market Highlight – Sep 24, 2025

Median List Price: $5,995,000
Inventory: 182 homes (↓ from last month)
Market Action Index (MAI): 31 – Slight Seller’s Advantage
Avg Days on Market: 119
Price Decreases: 34% of listings

What It Means:

Sellers:
Inventory is tight, so you still have the edge, but long time on market and frequent price drops mean buyers are pushing back.
Buyers:
Despite high prices, you have negotiating power on listings that have sat longer or been reduced.

🏢 Newport Beach Condo Market Overview (Sep 24, 2025)

The Newport Beach condo market reflects a slight seller’s advantage, with a Market Action Index of 43, up slightly from last month. The median list price is $2,522,500, and inventory remains stable at 58 units. With average market time at 98 days and only 24% of listings seeing price reductions, sellers are holding firm. If demand continues to exceed supply, upward price pressure may resume in the coming weeks.

🏢 Newport Beach Condo Market Highlight – Sep 24, 2025

Median List Price: $2,522,500
Inventory: 58 condos (steady)
Market Action Index (MAI): 43 – Slight Seller’s Advantage
Avg Days on Market: 98
Price Reductions: 24% of listings

What It Means:

Sellers:
Still a seller-favored market, but with longer days on market, patience is required. Well-priced units still move.
Buyers:
Limited inventory means competition remains, but fewer price drops suggest firmer seller expectations.

🏡 Corona Del Mar SFR Market Overview (Sep 24, 2025)

The Corona Del Mar market currently shows a slight buyer’s advantage, with a Market Action Index of 29. The median list price is $8,295,000, and inventory stands at 53 homes. Homes are spending a long time on the market — 131 days on average — and 30% have seen price cuts, giving buyers more leverage. Although demand is beginning to close the gap with supply, the market is still tilted in favor of buyers for now, but upward pricing pressure could emerge if inventory keeps tightening.

🏡 Corona Del Mar SFR Market Highlight – Sep 24, 2025

Median List Price: $8,295,000
Inventory: 53 homes
Market Action Index (MAI): 29 – Slight Buyer’s Advantage
Avg Days on Market: 131
Price Reductions: 30% of listings

What It Means:

Sellers:
It’s a buyer-leaning market, so pricing aggressively and preparing for longer selling times is key.
Buyers:
You’re in a stronger position — ample inventory and longer DOM mean negotiation power is on your side.

🏢 Corona Del Mar Condo Market Overview (Sep 24, 2025)

Corona Del Mar’s condo market currently favors buyers, with a Market Action Index of 29, down slightly from last month. The median list price is $3,876,900, and inventory has climbed to 34 units, indicating increased supply. With 79 days on market on average and 32% of listings seeing price cuts, the market is softening. While list prices have edged up, this may reflect newer, higher-quality listings rather than broad market strength. For now, buyers are in the driver’s seat, but trends should be monitored closely for any shift back toward sellers.

🏢 Corona Del Mar Condo Market Highlight – Sep 24, 2025

Median List Price: $3,876,900
Inventory: 34 condos (↑ from last month)
Market Action Index (MAI): 29 – Slight Buyer’s Advantage
Avg Days on Market: 79
Price Reductions: 32% of listings

What It Means:

Sellers:
The market is cooling. Expect longer time on market and increased pressure to price competitively.
Buyers:
More options, longer DOM, and steady price cuts = better negotiating leverage right now.

🏡 Laguna Beach SFR Market Overview (Sep 24, 2025)

The Laguna Beach SFR market leans in favor of buyers with a Market Action Index of 29. The median list price is $5,250,000, and inventory holds at 146 homes. Properties are staying on the market for a long time — 161 days on average — and 35% have undergone price reductions, signaling soft demand. Sellers should prepare for extended listing periods and price negotiations, while buyers are in a strong position to find deals in a high-end, slower-moving market.

🏡 Laguna Beach SFR Market Highlight – Sep 24, 2025

Median List Price: $5,250,000
Inventory: 146 homes
Market Action Index (MAI): 29 – Slight Buyer’s Advantage
Avg Days on Market: 161
Price Reductions: 35% of listings

What It Means:

Sellers:
It's a buyer-skewed market — expect longer time to sell and be ready to negotiate on price.
Buyers:
You’ve got leverage — lots of listings, slower movement, and frequent price drops give you room to play.

🏢 Laguna Beach Condo Market Overview (Sep 24, 2025)

The Laguna Beach condo market continues to show a slight seller's advantage, with the Market Action Index (MAI) rising to 31, up from 29 last month. Inventory has tightened to just 31 units, and although pricing pressure may build, many sellers are still reducing their prices. The market shows signs of balance, but it's edging further into seller territory.

📊 Key Market Metrics – Condos in Laguna Beach

Market Action Index: 31 (Slight Seller's Advantage)
Median List Price: $1,675,000
Median New Listing Price: $1,274,450
Price per Sq Ft: $1,408
Inventory: 31 (declining)
Average Days on Market: 117
Median Days on Market: 91
Price Decreased: 45%
Price Increased: 0%
Relisted Properties: 10%
Median Rent: $6,250/month

📌 What This Means:
For Buyers:

Price cuts are frequent: Nearly half of all listings have reduced prices.
Room to negotiate: No listings are increasing prices — buyers have leverage.
Market heating up slowly: Low inventory may eventually tip pricing upward.

For Sellers:

Slight upper hand: MAI is rising, and competition is thinning.
Act strategically: Price realistically and prepare listings well.
Momentum watch: If buyer demand rises, the advantage will grow.

🏡 Irvine SFR Market Overview (Sep 24, 2025)
The Irvine single-family home market continues to show a slight seller's advantage, with the Market Action Index (MAI) ticking up to 34, slightly higher than last month’s 33. While home prices have been stable, the relatively low inventory of 309 homes helps maintain seller leverage. If buyer demand increases, prices may resume an upward trend.

📊 Key Market Metrics – SFRs in Irvine

Market Action Index: 34 (Slight Seller's Advantage)
Median List Price: $2,690,000
Median New Listing Price: $2,336,939
Price per Sq Ft: $933
Inventory: 309 (stable to slightly declining)
Average Days on Market: 83
Median Days on Market: 70
Price Decreased: 36%
Price Increased: 1%
Relisted Properties: 18%
Median Rent: $6,000/month

📌 What This Means:
For Buyers:

Mild negotiating room: Over one-third of listings have had price reductions.
Stable environment: Homes are sitting on the market for 2+ months on average
Watch the trend: If inventory shrinks more, upward price pressure could return.

For Sellers:

Solid footing: Market remains favorable, though not overheated.
Set competitive prices: 36% of listings are cutting — pricing right matters.
Momentum building: A rise in MAI could bring stronger pricing in coming weeks.

🏢 Irvine Condo Market Overview (Sep 24, 2025)
The Irvine condo market remains in a slight seller's advantage, with the Market Action Index (MAI) at 35, up from 34 last month. Inventory has tightened slightly to 395 units, helping to keep sellers in a favorable position. While prices are stable for now, low inventory could lead to upward pressure if demand rises.

📊 Key Market Metrics – Condos in Irvine

Market Action Index: 35 (Slight Seller's Advantage)
Median List Price: $1,319,900
Median New Listing Price: $1,248,000
Price per Sq Ft: $791
Inventory: 395 (slightly declining)
Average Days on Market: 86
Median Days on Market: 63
Price Decreased: 35%
Price Increased: 2%
Relisted Properties: 17%
Median Rent: $3,716/month

📌 What This Means:
For Buyers:

Plenty of options: Inventory remains relatively high.
Price flexibility: 35% of listings have cut prices.
No urgency yet: Homes are sitting for about 2–3 months.

For Sellers:

Favorable market, but not aggressive: Minor seller edge with low price growth.
Set realistic expectations: 1 in 3 listings still reduce prices.
Still competitive: Clean, well-priced listings will sell fastest.

🏡 Costa Mesa SFR Market Overview (Sep 24, 2025)
The Costa Mesa single-family home market is still in a strong seller's market, with the Market Action Index (MAI) at 45, slightly down from 46 last month. Prices have plateaued, but low inventory at 61 homes keeps sellers in control. Watch MAI closely — if it continues to drop, buyers could regain leverage.

📊 Key Market Metrics – SFRs in Costa Mesa

Market Action Index: 45 (Strong Seller’s Market)
Median List Price: $1,799,000
Median New Listing Price: $2,150,000
Price per Sq Ft: $981
Inventory: 61 (decreasing)
Average Days on Market: 64
Median Days on Market: 35
Price Decreased: 43%
Price Increased: 0%
Relisted Properties: 13%
Median Rent: $5,800/month

📌 What This Means:
For Buyers:

Limited inventory: Fewer choices mean more competition.
Watch for discounts: 43% of listings have had price drops.
Timing matters: If the market weakens, better deals may emerge.

For Sellers:

Still in the driver’s seat: Low inventory supports pricing power.
Stay realistic: Nearly half of sellers are cutting prices.
Momentum fading: If MAI continues to fall, pricing strength may weaken.

🏢 Costa Mesa Condo Market Overview (Sep 24, 2025)
The Costa Mesa condo market remains in a strong seller's market, with the Market Action Index (MAI) at 50, up from 48 last month. Inventory has dropped to just 25 units, tightening supply. Prices haven’t started falling, but with demand softening, any continued slowdown could shift momentum toward buyers in the coming weeks.

📊 Key Market Metrics – Condos in Costa Mesa

Market Action Index: 50 (Strong Seller’s Market)
Median List Price: $1,349,000
Median New Listing Price: $1,245,000
Price per Sq Ft: $722
Inventory: 25 (shrinking)
Average Days on Market: 88
Median Days on Market: 63
Price Decreased: 32%
Price Increased: 8%
Relisted Properties: 12%
Median Rent: $2,985/month

📌 What This Means:
For Buyers:

Limited inventory: Choices are shrinking fast.
Some negotiation room: 1 in 3 listings have price cuts.
Market may shift: If demand keeps slowing, more leverage could emerge.

For Sellers:

Still strong positioning: Tight inventory gives you the edge.
Signs of softening: Watch days on market and buyer activity.
Act now: Best to list before any major slowdown impacts pricing.

🏡 Newport Coast SFR Market Overview (Sep 24, 2025)
The Newport Coast single-family home market is in a slight seller's advantage, with the Market Action Index (MAI) rising to 30 from 28 last month. Inventory has decreased to 37 homes, while buyer demand continues to outpace supply. Though prices remain stable, further upward pressure could emerge if this trend continues.

📊 Key Market Metrics – SFRs in Newport Coast

Market Action Index: 30 (Slight Seller’s Advantage)
Median List Price: $13,999,999
Median New Listing Price: $3,099,000
Price per Sq Ft: $2,141
Inventory: 37 (declining)
Average Days on Market: 174
Median Days on Market: 112
Price Decreased: 22%
Price Increased: 3%
Relisted Properties: 8%
Median Rent: $14,000/month

📌 What This Means:
For Buyers:

Limited choices: Inventory is low, and competition is present.
Long days on market: Homes are taking time to sell — potential negotiation room.
Early signs of pressure: MAI is rising — watch for future price growth.

For Sellers:

Subtle advantage: Demand is outpacing supply, even at high price points.
Strategic pricing matters: Only 3% of listings raised prices — the market is selective.
Room to benefit: If the MAI continues to climb, pricing power will increase.

🏢 Newport Beach Condo Market Overview (Sep 24, 2025)
The Newport Beach condo market shows a slight seller’s advantage, with the Market Action Index (MAI) at 43, up from 42 last month. Inventory remains stable at 58 units, while home sales continue to outpace supply. The trend suggests potential for upward price pressure if demand continues to strengthen.

📊 Key Market Metrics – Condos in Newport Beach

Market Action Index: 43 (Slight Seller’s Advantage)
Median List Price: $2,522,500
Median New Listing Price: $1,550,000
Price per Sq Ft: $1,331
Inventory: 58 (stable)
Average Days on Market: 98
Median Days on Market: 56
Price Decreased: 24%
Price Increased: 0%
Relisted Properties: 9%
Median Rent: $3,602/month

📌 What This Means:
For Buyers:

More stable footing: Inventory is not shrinking, but demand is consistent.
Selective price cuts: 1 in 4 listings have adjusted down.
No rush yet: Listings are sitting for ~2 months, providing time to negotiate.

For Sellers:

Market favors you — slightly: Demand remains strong relative to inventory.
Price smartly: 24% are still cutting prices, so strategy matters.Keep an eye on the trend: If MAI keeps rising, pricing power may grow.

🏡 Huntington Beach SFR Market Overview (Sep 24, 2025)
Huntington Beach remains a strong seller's market, with the Market Action Index (MAI) at 48, up slightly from 47 last month. Inventory has dropped to 158 homes, and while prices haven’t moved higher, continued low supply could apply upward pressure if demand holds steady.

📊 Key Market Metrics – SFRs in Huntington Beach

Market Action Index: 48 (Strong Seller’s Market)
Median List Price: $1,859,500
Median New Listing Price: $1,449,000
Price per Sq Ft: $889
Inventory: 158 (decreasing)
Average Days on Market: 96
Median Days on Market: 56
Price Decreased: 37%
Price Increased: 2%
Relisted Properties: 14%
Median Rent: $5,500/month

📌 What This Means:
For Buyers:

Still a competitive market: Sellers hold most of the cards.
Watch for price reductions: Over one-third of listings have adjusted downward.
More time to shop: Average days on market near 3 months.

For Sellers:

Favorable conditions: Low inventory and steady demand support pricing.
Be strategic: 37% of sellers are lowering prices — realistic pricing helps.
Monitor the trend: If MAI continues to rise, pricing power strengthens.

🏢 Huntington Beach Condo Market Overview (Sep 24, 2025)
The Huntington Beach condo market is in a slight seller’s advantage, with the Market Action Index (MAI) at 42, down slightly from 43 last month. Inventory has decreased to 110 units, which helps maintain seller leverage even as pricing momentum remains flat.

📊 Key Market Metrics – Condos in Huntington Beach

Market Action Index: 42 (Slight Seller’s Advantage)
Median List Price: $864,500
Median New Listing Price: $881,500
Price per Sq Ft: $708
Inventory: 110 (declining)
Average Days on Market: 63
Median Days on Market: 42
Price Decreased: 43%
Price Increased: 2%
Relisted Properties: 6%
Median Rent: $3,300/month

📌 What This Means:
For Buyers:

Price cuts are common: 43% of listings are adjusting downward.
Pace is moderate: Homes are selling in 1.5–2 months on average.
Leverage may grow: If demand softens, buyers may gain more ground.

For Sellers:

Still a favorable market: Low inventory supports pricing power.
Realistic pricing is key: Most listings aren’t raising prices — only 2% are.
Act while MAI holds: Seller advantage may soften if momentum slows.

📞 Contact Jarett Richards at 949-405-4455

Luxury Coastal Real Estate | Newport Beach
📍 Based in Orange County, CA
🌐 Website: www.JarettRichards.com
📩 Email: [email protected]
📱 Instagram: @jarett.richards

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