Orange County Housing Market Update

🏡 Orange County SFR Market Overview (Nov 5, 2025)
The Orange County single-family housing market remains in a slight seller's advantage with a Market Action Index (MAI) of 43, up slightly from 42 last month. The median list price is $1,900,000, while inventory has dropped to 2,437 homes. The market shows signs of firming with limited price increases but strong listing activity and buyer hesitation reflected in days on market.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $1,900,000
Median New Listing Price: $1,399,000
Price per Sq Ft: $784
Inventory Level: 2,437 (decreasing)
Avg Days on Market: 100
Median Days on Market: 63
Price Reductions: 35% of listings
Price Increases: 1%
Relisted Properties: 10%
Median Rent: $5,500/month

💡 What This Means:
For Buyers (SFR):

Negotiation Leverage: One-third of listings seeing price cuts.
Slower Market Pace: Homes taking over 2 months to sell.
Opportunities Exist: Less urgency but tightening inventory could shift tides.

For Sellers (SFR):

Mild Advantage: Still favors sellers, but slightly.
Pricing Must Be Smart: Buyer sensitivity is high.
Marketable Homes Win: Good presentation will differentiate your property.

🏢 Orange County Condo Market Overview (Nov 5, 2025)
The Orange County condo market holds steady in a slight seller's advantage with a Market Action Index (MAI) of 43. Although inventory is declining, longer days on market and a high percentage of price reductions reflect buyer hesitation. Sellers still have an edge, but it's modest and requires strategic pricing.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: Not specified (visually flat)
Median New Listing Price: Not specified (trending down)
Price per Sq Ft: Trending up (after prior dip)
Inventory Level: Decreasing
Avg Days on Market: Increasing
Median Days on Market: Increasing
Price Reductions: High (trending down slightly)
Price Increases: Very Low
Relisted Properties: Fluctuating
Median Rent: $5,500/month
Market Action Index: 43 (Slight Seller's Advantage)

💡 What This Means:
For Buyers (Condos):

Negotiation Power: Many listings are seeing price reductions.
Patience Pays Off: Longer market times may offer more flexibility.
Declining Inventory: Opportunities could shrink moving forward.

For Sellers (Condos):

Mild Advantage: You still hold the upper hand but just slightly.
Buyer Sensitivity is Real: Price competitively to avoid sitting.
Prep Matters: Well-presented units will stand out and sell faster.

🏡 Newport Beach SFR Market Overview (Nov 5, 2025)
The Newport Beach single-family housing market continues in a slight seller’s advantage with a Market Action Index (MAI) of 33, ticking up from 32 last month. The median list price is $5,895,000, and inventory is holding steady at 177 homes. Buyer demand is just outpacing supply, suggesting that if this trend continues, prices may face upward pressure.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $5,895,000
Median New Listing Price: $3,374,500
Price per Sq Ft: $1,717
Inventory Level: 177 (steady)
Avg Days on Market: 136
Median Days on Market: 98
Price Reductions: 28% of listings
Price Increases: 0%
Relisted Properties: 12%
Median Rent: $14,995/month

💡 What This Means:
For Buyers (SFR):

Slower Market Pace: Nearly 100 days median market time.
Room to Negotiate: Over 1 in 4 homes have reduced price.
Premium Market: High per sq ft prices and rents signal luxury tier.

For Sellers (SFR):

Moderate Edge: Demand is outpacing supply, but not aggressively.
No Room for Overpricing: Zero price increases = buyer pushback.
Stable Inventory: With flat supply, good listings can still move well.

🏢 Newport Beach Condo Market Overview (Nov 5, 2025)
The Newport Beach condo market is in a slight seller’s advantage with a Market Action Index (MAI) of 40, down from 42 last month. The median list price is $2,335,000, and inventory has dipped to 56 units. Despite softening momentum, the market remains tilted toward sellers but with signs of price sensitivity and extended days on market.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $2,335,000
Median New Listing Price: $1,214,495
Price per Sq Ft: $1,280
Inventory Level: 56 (decreasing)
Avg Days on Market: 95
Median Days on Market: 60
Price Reductions: 38% of listings
Price Increases: 0%
Relisted Properties: 9%
Median Rent: $3,904/month

💡 What This Means:
For Buyers (Condos):

Lots of Price Cuts: Nearly 40% of listings have reduced prices.
Time to Shop: 2–3 months market time provides breathing room.
Watch MAI Trends: A dip in activity could lead to better deals soon.

For Sellers (Condos):

Still a Seller’s Market: But momentum is weakening.
Price Carefully: With no price increases, overpricing won’t fly.
Presentation is Key: Stale listings may need refresh and relisting.

🏡 Corona Del Mar SFR Market Overview (Nov 5, 2025)
The Corona Del Mar SFR market holds a slight seller’s advantage, with a Market Action Index (MAI) of 31, just up from 30 last month. The median list price stands at $7,747,499, with 48 homes currently on the market. While buyer activity remains steady, low inventory is helping maintain the seller’s edge despite longer market times and elevated price reductions.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $7,747,499
Median New Listing Price: $7,745,000
Price per Sq Ft: $2,249
Inventory Level: 48 (decreasing)
Avg Days on Market: 133
Median Days on Market: 88
Price Reductions: 42% of listings
Price Increases: 0%
Relisted Properties: 8%
Median Rent: $16,500/month

💡 What This Means:
For Buyers (SFR):

Negotiation Opportunity: 4 in 10 listings are seeing price cuts.
Time to Decide: Homes taking 3+ months to sell.
High-End Market: Elevated prices reflect ultra-luxury inventory.

For Sellers (SFR):

Slight Advantage: Low inventory is propping up your position.
Pricing Must Be Tactical: No room for increases buyers are sensitive.
Expect Selective Demand: Well-presented homes will lead in this price tier.

🏢 Corona Del Mar Condo Market Overview (Nov 5, 2025)
The Corona Del Mar condo market remains in a slight seller’s advantage with a Market Action Index (MAI) of 31 unchanged from the SFR segment. Inventory remains low, helping preserve pricing power despite longer selling times and rising price reductions. The market is steady, but not strongly competitive.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $ - (not specified, but stable)
Median New Listing Price: $ - (not specified, but rising slightly)
Price per Sq Ft: Slight upward trend
Inventory Level: Low (visually steady)
Avg Days on Market: Elevated and steady
Median Days on Market: Rising slightly
Price Reductions: Increasing
Price Increases: 0%
Relisted Properties: Trending upward
Median Rent: $16,500/month
Market Action Index: 31 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (Condos):

Price Pressure Easing: Many listings are seeing reductions.
Time is on Your Side: Longer average market times provide leverage.
Inventory Low: Opportunities may be limited in number.

For Sellers (Condos):

Mild Market Power: You have an edge, but pricing needs to be precise.
No Price Growth: Flat price increase trend = caution advised.
Stand Out to Sell: Relist rates rising = avoid stale listings.

🏡 Irvine SFR Market Overview (Nov 5, 2025)
The Irvine SFR market holds a slight seller’s advantage with a Market Action Index (MAI) of 36, unchanged from last month. The median list price is $2,698,900, and inventory has fallen to 256 homes. Although homes are taking nearly three months to sell on average, demand continues to outpace supply, maintaining upward pricing pressure.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $2,698,900
Median New Listing Price: $2,088,000
Price per Sq Ft: $932
Inventory Level: 256 (decreasing)
Avg Days on Market: 100
Median Days on Market: 84
Price Reductions: 36% of listings
Price Increases: 2%
Relisted Properties: 18%
Median Rent: $5,800/month

💡 What This Means:
For Buyers (SFR):

Plenty of Price Cuts: Over 1 in 3 homes are reducing price.
Time to Evaluate: Homes sitting ~3 months = buyer leverage.
Watch Inventory Trends: Low and dropping, competition may return.

For Sellers (SFR):

Slight Market Advantage: Still leans in your favor.
Competitive Pricing Wins: Price-sensitive buyers are out there.
Standout Listings Move Faster: Professional marketing pays off.

🏢 Irvine Condo Market Overview (Nov 5, 2025)
The Irvine condo market is holding a slight seller’s advantage with a Market Action Index (MAI) of 36, unchanged from the prior month. Inventory continues to decline, supporting sellers, even as price reductions and longer days on market signal buyer caution. Sellers still have the edge, but it’s a measured one.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: (not shown in image, trend appears rising)
Median New Listing Price: (not shown, appears flat/downward)
Price per Sq Ft: Slight downward trend
Inventory Level: Decreasing
Avg Days on Market: Rising
Median Days on Market: Rising
Price Reductions: High and increasing again
Price Increases: Trending upward slightly
Relisted Properties: Trending upward
Median Rent: $5,800/month
Market Action Index: 36 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (Condos):

Softer Price Conditions: Many units seeing price reductions.
Slower Market: More time to evaluate and negotiate.
Inventory Dropping: May get more competitive in the near term.

For Sellers (Condos):

You Still Hold the Advantage: Low supply keeps you in control.
Price Realistically: Discounting remains prevalent.
Listing Presentation is Key: Relisting activity signals buyers are selective.

🏡 Laguna Beach SFR Market Overview (Nov 5, 2025)
The Laguna Beach single-family home market continues in a slight seller’s advantage with a Market Action Index (MAI) of 31, up from 30 last month. The median list price is $5,250,000, while inventory has declined to 135 homes. Despite high list prices, sales are outpacing supply but long time-on-market and zero price increases highlight ongoing buyer caution.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $5,250,000
Median New Listing Price: $17,000,000 (likely skewed by a few ultra-luxury listings)
Price per Sq Ft: $2,096
Inventory Level: 135 (decreasing)
Avg Days on Market: 215
Median Days on Market: 161
Price Reductions: 32% of listings
Price Increases: 0%
Relisted Properties: 10%
Median Rent: $11,000/month

💡 What This Means:
For Buyers (SFR):

Plenty of Time to Negotiate: Homes are sitting for 5 - 7 months.
Watch for Price Flexibility: 1 in 3 listings are reducing prices.
Luxury Bias: Median new listing prices are likely skewed by high - end properties.

For Sellers (SFR):

You Still Hold the Edge: Limited inventory supports your position.
Be Strategic with Pricing: No active price increases = limited buyer urgency.
Expect a Longer Sale Cycle: Patience and strong presentation are key.

🏢 Laguna Beach Condo Market Overview (Nov 5, 2025)
The condo market in Laguna Beach remains in a slight seller’s advantage with a Market Action Index (MAI) of 32, unchanged from last month. The median list price is $1,684,000, with inventory down to just 31 units. Despite the seller-favoring index, buyer caution is evident in the very high 52% price reduction rate and extended days on market.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $1,684,000
Median New Listing Price: $0 (data not shown, likely missing or misreported)
Price per Sq Ft: $1,408
Inventory Level: 31 (decreasing)
Avg Days on Market: 137
Median Days on Market: 119
Price Reductions: 52% of listings
Price Increases: 0%
Relisted Properties: 13%
Median Rent: $4,098/month
Market Action Index: 32 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (Condos):

Heavy Discounting: Over half of condos are being reduced in price.
Ample Time to Decide: Properties sitting for 4+ months.
Low Inventory: Limited choices, but room to negotiate on many.

For Sellers (Condos):

Still a Seller’s Market: But only slightly, buyers are pushing back.
Be Ready to Adjust: High reduction rate shows sensitivity to overpricing.
Pricing and Presentation Are Everything: Relist rate and long market times demand strategy.

🏡 Huntington Beach SFR Market Overview (Nov 5, 2025)
The Huntington Beach SFR market is currently in a strong seller’s market with a Market Action Index (MAI) of 48, up from 47 last month. The median list price is $1,850,000, and inventory has declined to 149 homes. With strong buyer demand, limited inventory, and relatively short time-on-market, sellers are clearly in control though a third of listings are still experiencing price reductions.

📊 Key SFR Market Metrics

Market Type: Strong Seller’s Market
Median List Price: $1,850,000
Median New Listing Price: $1,436,500
Price per Sq Ft: $897
Inventory Level: 149 (decreasing)
Avg Days on Market: 86
Median Days on Market: 56
Price Reductions: 34% of listings
Price Increases: 3%
Relisted Properties: 14%
Median Rent: $5,900/month
Market Action Index: 48 (Strong Seller’s Market)

💡 What This Means:
For Buyers (SFR):

Competitive Conditions: Sellers are firmly in control.
Some Price Flexibility: A third of listings still reducing prices.
Act Decisively: Days on market remain relatively short.

For Sellers (SFR):

Strong Leverage: High demand, low supply favor quick sales.
Price Confidently but Realistically: Price reductions show overpricing risks.
Clean, Well-Presented Homes Will Win: Buyers still cautious on value.

🏢 Huntington Beach Condo Market Overview (Nov 5, 2025)
The Huntington Beach condo market holds a slight seller’s advantage with a Market Action Index (MAI) of 40, down from 43 last month. The median list price is $862,450, with inventory decreasing to 114 units. Price cuts are up significantly, while buyer activity has cooled somewhat, indicating shifting leverage but still favoring sellers due to limited inventory.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $862,450
Median New Listing Price: $899,888
Price per Sq Ft: $707
Inventory Level: 114 (decreasing)
Avg Days on Market: 75
Median Days on Market: 60
Price Reductions: 42% of listings
Price Increases: 4%
Relisted Properties: 5%
Median Rent: $3,030/month
Market Action Index: 40 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (Condos):

Nearly Half of Listings Discounted: Strong negotiation opportunities.
Moderate Pace: Homes selling in ~2 months = time to evaluate.
Price Sensitivity Creeping In: Signs of a softening market.

For Sellers (Condos):

Still a Seller’s Market but Weakened: MAI trending downward.
Be Competitive: 42% price reductions = buyers pushing back.
Inventory Tightness Supports Pricing—For Now.

🏡 Costa Mesa SFR Market Overview (Nov 5, 2025)
Costa Mesa's SFR market is in a strong seller’s market with a Market Action Index (MAI) of 48, up from 46 last month. The median list price is $2,150,000, and inventory is tight at only 53 homes. Despite relatively flat pricing, demand continues to outpace supply. If this trend continues, sellers could gain even more pricing power heading into winter.

📊 Key SFR Market Metrics

Market Type: Strong Seller’s Market
Median List Price: $2,150,000
Median New Listing Price: $1,442,000
Price per Sq Ft: $1,012
Inventory Level: 53 (decreasing)
Avg Days on Market: 79
Median Days on Market: 49
Price Reductions: 38% of listings
Price Increases: 0%
Relisted Properties: 9%
Median Rent: $5,048/month
Market Action Index: 48 (Strong Seller’s Market)

💡 What This Means:
For Buyers (SFR):

Competitive Landscape: Low inventory and quick turnover mean limited options.
Some Discounting Still Exists: 38% of listings seeing price cuts.
Watch List Pricing: Sellers are not pushing prices higher yet, opportunity to negotiate.

For Sellers (SFR):

High Leverage Market: Fast-moving homes and low supply favor your position.
Strategic Pricing Still Needed: High percentage of reductions = buyer resistance.
Well-Staged, Well-Priced Homes Sell Fast: Median DOM under 50 days.

🏢 Costa Mesa Condo Market Overview (Nov 5, 2025)
Costa Mesa’s condo market is firmly in a strong seller’s market with a Market Action Index (MAI) of 47, just slightly down from 49 last month. The median list price is $1,380,000, and inventory has dropped to just 24 units. While demand remains strong, prices have plateaued, and with fewer new listings, sellers retain the upper hand for now.

📊 Key Condo Market Metrics

Market Type: Strong Seller’s Market
Median List Price: $1,380,000
Median New Listing Price: $760,000
Price per Sq Ft: $727
Inventory Level: 24 (decreasing)
Avg Days on Market: 80
Median Days on Market: 67
Price Reductions: 33% of listings
Price Increases: 4%
Relisted Properties: 13%
Median Rent: $2,895/month
Market Action Index: 47 (Strong Seller’s Market)

💡 What This Means:
For Buyers (Condos):

Strong Seller Control: Low inventory limits negotiation room.
Some Flexibility Exists: A third of listings still cutting prices.
New Listings Trending Lower in Price: Opportunity at the lower end of the market.

For Sellers (Condos):

Still Your Market: Tight supply and steady demand support pricing.
Don’t Overreach: Buyers are resisting overly aggressive pricing (reflected in 33% reductions).
Timely Sales Possible: Median DOM at ~2 months for motivated listings.

🏡 Newport Coast SFR Market Overview (Nov 5, 2025)
The Newport Coast SFR market holds a slight seller’s advantage with a Market Action Index (MAI) of 30, unchanged from last month. The median list price is $14,975,000, with inventory down to just 40 homes. Despite high prices, the market is softening slightly reflected in long days on market, zero price increases, and only a marginally favorable seller position.

📊 Key SFR Market Metrics

Market Type: Slight Seller’s Market
Median List Price: $14,975,000
Median New Listing Price: $16,750,000
Price per Sq Ft: $2,195
Inventory Level: 40 (decreasing)
Avg Days on Market: 180
Median Days on Market: 119
Price Reductions: 30% of listings
Price Increases: 0%
Relisted Properties: 8%
Median Rent: $14,500/month
Market Action Index: 30 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (SFR):

Lots of Negotiation Room: Homes sitting for ~6 months.
Sellers More Flexible: 30% of listings are reducing prices.
Inventory Limited, But Moving Slowly: Low urgency = better terms possible.

For Sellers (SFR):

Still in the Seller’s Zone but Barely: Activity has cooled significantly.
Be Realistic: No active price increases means overpricing isn’t tolerated.
Presentation + Pricing Will Define Outcomes: Especially in the luxury tier.

🏢 Newport Coast Condo Market Overview (Nov 5, 2025)
The condo market in Newport Coast holds a slight seller’s advantage, with a Market Action Index (MAI) of 30, mirroring the SFR market. Despite high price levels and very limited inventory, the market is clearly cooling long time-on-market, rising price cuts, and zero upward pricing suggest sellers are losing leverage, albeit gradually.

📊 Key Condo Market Metrics

Market Type: Slight Seller’s Market
Median List Price: Trending up (exact value not shown, estimated ~$14.5M)
Median New Listing Price: Trending flat/down
Price per Sq Ft: Rising slightly
Inventory Level: Low and declining
Avg Days on Market: Increasing steadily
Median Days on Market: Increasing significantly
Price Reductions: Increasing
Price Increases: Dropping to 0%
Relisted Properties: Fluctuating upward
Median Rent: $14,500/month
Market Action Index: 30 (Slight Seller’s Advantage)

💡 What This Means:
For Buyers (Condos):

Market Cooling = Leverage: Sellers still in control but just barely.
Plenty of Time to Negotiate: Long days on market reflect slack demand.
Watch for Adjustments: No price increases and rising reductions signal softening.

For Sellers (Condos):