🏡 Orange County SFR Market Overview (Oct 2, 2025)
The Orange County SFR housing market maintains a slight seller's advantage with a Market Action Index (MAI) of 42, up slightly from last month’s 41. The median list price has climbed to $1,925,000, while inventory has decreased to 2,723, continuing a tightening trend. Still, long market times and widespread price reductions suggest buyers are holding out for deals.
📊 Key SFR Market Metrics
Market Type: Slight Seller’s Market
Median List Price: $1,925,000
Median New Listing Price: $1,450,000
Price per Sq Ft: $786
Inventory Level: 2,723 (decreasing)
Avg Days onMarket: 95
Median Days on Market: 63
Price Reductions: 36% of listings
Price Increases: 2%
Relisted Properties: 11%
Median Rent: $5,900/month
💡 What This Means:
For Buyers (SFR):
- Negotiation Power: Many homes cutting prices — opportunities exist.
- Time Buffer: Homes sitting for 2–3 months gives space to think.
- Premium Market: Prices remain high, especially in desirable areas.
For Sellers (SFR):
- Be Strategic on Pricing: Overpricing = risk of sitting + cutting later.
- Expect Longer Timeframes: Average days on market trending upward.
- Slight Advantage Holds: But you’ll need strong presentation & timing.
🏢 Orange County Condo Market Overview (Oct 2, 2025)
The Orange County condo market continues to show a slight seller's advantage with a Market Action Index (MAI) of 40, unchanged from last month. The median list price sits at $874,000, while inventory has fallen to 1,775 units, suggesting tightening supply. However, high price reduction levels and long days on market indicate some buyer hesitation.
📊 Key Condo Market Metrics
Market Type: Slight Seller’s Market
Median List Price: $874,000
Median New Listing Price: $829,000
Price per Sq Ft: $669
Inventory Level: 1,775 (decreasing)
Avg Days on Market: 77
Median Days on Market: 56
Price Reductions: 37% of listings
Price Increases: 2%
Relisted Properties: 9%
Median Rent: $3,150/month
💡 What This Means:
For Buyers (Condos):
- Negotiation Room: Over 1 in 3 condos seeing price drops.
- Time to Act: Listings averaging 2+ months on market.
- Better Entry Point: Lower list and rent prices vs SFR market.
For Sellers (Condos):
- Price Realistically: Overpricing leads to slow sales and markdowns.
- Longer Market Cycles: Expect to wait nearly 2–3 months.
- Still Seller-Favored: But the edge is thin — strong marketing matters.
🏡 Newport Beach SFR Market Overview (Oct 2, 2025)
The Newport Beach SFR market holds a slight seller's advantage with a Market Action Index (MAI) of 31, unchanged from last month. Median list price remains at a premium $5,950,000, while inventory is low at just 181 homes, creating limited options for buyers.
📊 Key SFR Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $5,950,000
- Median New Listing Price: $4,200,000
- Price per Sq Ft: $1,718
- Inventory: 181 (decreasing)
- Avg Days on Market: 121
- Median Days on Market: 91
- Price Reductions: 32%
- Price Increases: 1%
- Relisted Properties: 11%
- Median Rent: $14,125/month
💡 What This Means:
For Buyers:
- Slim inventory and premium pricing — limited choices.
- Long days on market = room to negotiate.
- Many homes are seeing price drops.
For Sellers:
- Low competition helps pricing power.
- High-end buyers are selective — prep and pricing still matter.
- Expect a longer sale timeline (~3 months).
🏢 Newport Beach Condo Market Overview (Oct 2, 2025)
The Newport Beach condo market shows a slight seller's advantage with a Market Action Index (MAI) of 43, holding steady from last month. Median list price is $2,660,000, with tight inventory at only 58 units, keeping pressure on buyers despite longer market times.
📊 Key Condo Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $2,660,000
- Median New Listing Price: $3,298,000
- Price per Sq Ft: $1,326
- Inventory: 58 (steady)
- Avg Days on Market: 92
- Median Days on Market: 49
- Price Reductions: 29%
- Price Increases: 2%
- Relisted Properties: 10%
- Median Rent: $3,594/month
💡 What This Means:
For Buyers:
- Inventory is tight — fewer options.
- Nearly 30% of listings seeing price cuts.
- Patience could pay off, but pricing remains steep.
For Sellers:
- Low competition supports strong pricing.
- Be prepared for ~2–3 month sales cycle.
- Well-priced, well-marketed units will move.
🏡 Corona Del Mar SFR Market Overview (Oct 2, 2025)
The Corona Del Mar SFR market shows a slight seller's advantage with a Market Action Index (MAI) of 30, up slightly from 28 last month. The median list price is a premium $7,747,500, but homes are sitting longer and many listings are cutting prices — a sign of a softening edge.
📊 Key SFR Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $7,747,500
- Median New Listing Price: $16,500,000
- Price per Sq Ft: $2,226
- Inventory: 50 (decreasing)
- Avg Days on Market: 148
- Median Days on Market: 116
- Price Reductions: 36%
- Price Increases: 0%
- Relisted Properties: 8%
- Median Rent: $16,500/month
💡 What This Means:
For Buyers:
- Long days on market = negotiation leverage.
- 1 in 3 listings are cutting prices — watch for overpricing.
- Still a premium, low-inventory area.
For Sellers:
- The market favors you — but only slightly.
- Overpricing risks long hold times and markdowns.
- Pricing strategy and marketing are essential to stand out.
🏢 Corona Del Mar Condo Market Overview (Oct 2, 2025)
The condo market in Corona Del Mar has shifted to a slight buyer’s advantage, with the Market Action Index (MAI) dipping to 27. Median list price is $3,758,800, but inventory is rising, and nearly 40% of listings have price reductions, signaling cooling demand and more negotiating room for buyers.
📊 Key Condo Market Metrics
- Market Type: Slight Buyer’s Market
- Median List Price: $3,758,800
- Median New Listing Price: $0 (no new data available)
- Price per Sq Ft: $2,078
- Inventory: 33 (increasing)
- Avg Days on Market: 84
- Median Days on Market: 63
- Price Reductions: 39%
- Price Increases: 0%
- Relisted Properties: 15%
- Median Rent: $16,500/month
💡 What This Means:
For Buyers:
- More listings and longer time on market = better leverage.
- Nearly 40% of condos are seeing price cuts.
- Luxury units at premium pricing, but sellers are more flexible.
For Sellers:
- More competition — need to price smart and act fast.
- Long hold times (~2–3 months).
- The market favors buyers slightly, so prep and negotiation matter more.
🏡 Irvine SFR Market Overview (Oct 2, 2025)
The Irvine SFR market leans slightly in favor of sellers, with a Market Action Index (MAI) of 35, up slightly from last month. The median list price is $2,745,000, and inventory has tightened to 293 homes. However, buyer activity appears cautious with long days on market and 35% of listings showing price drops.
📊 Key SFR Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $2,745,000
- Median New Listing Price: $2,324,495
- Price per Sq Ft: $933
- Inventory: 293 (decreasing)
- Avg Days on Market: 86
- Median Days on Market: 70
- Price Reductions: 35%
- Price Increases: 2%
- Relisted Properties: 18%
- Median Rent: $6,000/month
💡 What This Means:
For Buyers:
- Plenty of price reductions = negotiation potential.
- Homes are sitting longer — no need to rush.
- Inventory is tighter, but high prices are stalling movement.
For Sellers:
- Slight advantage, but price it right or expect cuts.
- Time on market is growing — prep and timing are key.
- Some buyer hesitancy, so strong presentation helps.
🏢 Irvine Condo Market Overview (Oct 2, 2025)
The Irvine condo market maintains a slight seller's advantage with a Market Action Index (MAI) of 35, slightly up from last month. The median list price is $1,329,000, and while inventory has dropped to 373 units, homes are staying on the market longer and about a third are seeing price cuts.
📊 Key Condo Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $1,329,000
- Median New Listing Price: $1,114,400
- Price per Sq Ft: $795
- Inventory: 373 (decreasing)
- Avg Days on Market: 89
- Median Days on Market: 70
- Price Reductions: 33%
- Price Increases: 2%
- Relisted Properties: 17%
- Median Rent: $3,750/month
💡 What This Means:
For Buyers:
- Plenty of listings still available despite dip in inventory.
- 33% price reductions = negotiation room.
- Time to consider options as homes sit ~3 months.
For Sellers:
- Slight edge, but longer market times require patience.
- Overpricing leads to markdowns — strategy matters.
- Presentation and competitive pricing will drive faster sales.
🏡 Laguna Beach SFR Market Overview (Oct 2, 2025)
The Laguna Beach SFR market is showing a slight buyer’s advantage with a Market Action Index (MAI) of 29. The median list price is $4,799,000, but homes are sitting on the market for extended periods, and excess inventory is pushing the market in buyers’ favor.
📊 Key SFR Market Metrics
- Market Type: Slight Buyer’s Market
- Median List Price: $4,799,000
- Median New Listing Price: $3,272,000
- Price per Sq Ft: $1,893
- Inventory: 165 (still high)
- Avg Days on Market: 194
- Median Days on Market: 140
- Price Reductions: 34%
- Price Increases: 0%
- Relisted Properties: 11%
- Median Rent: $11,000/month
💡 What This Means:
For Buyers:
- Market favors you — long days on market + price cuts = leverage.
- Lots of inventory to choose from.
- Prices may begin to level or soften.
For Sellers:
- Overpricing hurts — most homes are seeing markdowns.
- Prepare for longer selling cycles (~6 months avg).
- Presentation and realistic pricing are critical to attract offers.
🏢 Laguna Beach Condo Market Overview (Oct 2, 2025)
The condo market in Laguna Beach is leaning toward a slight seller’s advantage, with a Market Action Index (MAI) of 30, up from 29 last month. The median list price is $1,745,000, but with high price reductions (46%) and long days on market, buyers still hold leverage in many cases.
📊 Key Condo Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $1,745,000
- Median New Listing Price: $1,400,000
- Price per Sq Ft: $1,429
- Inventory: 37 (decreasing)
- Avg Days on Market: 134
- Median Days on Market: 133
- Price Reductions: 46%
- Price Increases: 0%
- Relisted Properties: 11%
- Median Rent: $5,995/month
💡 What This Means:
For Buyers:
- Still room to negotiate — nearly half of listings have price cuts.
- Long days on market mean less urgency.
- Fewer listings, but leverage still exists.
For Sellers:
- You have the edge, but only slightly — pricing it right is key.
- Overpricing leads to markdowns and long timelines.
- Strong presentation and realistic pricing will help move units.
🏡 Huntington Beach SFR Market Overview (Oct 2, 2025)
Huntington Beach remains in a strong seller’s market with a Market Action Index (MAI) of 48. The median list price is $1,899,000, while inventory has tightened to just 151 homes. Despite high price points, buyer demand is keeping pace with supply.
📊 Key SFR Market Metrics
- Market Type: Strong Seller’s Market
- Median List Price: $1,899,000
- Median New Listing Price: $1,449,000
- Price per Sq Ft: $904
- Inventory: 151 (decreasing)
- Avg Days on Market: 105
- Median Days on Market: 63
- Price Reductions: 38%
- Price Increases: 3%
- Relisted Properties: 15%
- Median Rent: $5,525/month
💡 What This Means:
For Buyers:
- Limited inventory keeps competition high.
- Many homes still get price cuts — choose wisely.
- Expect fewer discounts in prime locations.
For Sellers:
- You have the upper hand — low supply is working in your favor.
- Still, pricing smart is key — nearly 4 in 10 listings drop price.
- Prepare for sales cycles around 2–3 months.
🏢 Huntington Beach Condo Market Overview (Oct 2, 2025)
The condo market in Huntington Beach holds a slight seller’s advantage with a Market Action Index (MAI) of 42, slightly down from last month. The median list price is $925,000, with inventory down to 112 units, but nearly half of listings are seeing price cuts, reflecting buyer resistance to pricing.
📊 Key Condo Market Metrics
- Market Type: Slight Seller’s Market
- Median List Price: $925,000
- Median New Listing Price: $925,000
- Price per Sq Ft: $701
- Inventory: 112 (declining)
- Avg Days on Market: 67
- Median Days on Market: 49
- Price Reductions: 43%
- Price Increases: 2%
- Relisted Properties: 6%
- Median Rent: $3,257/month
💡 What This Means:
For Buyers:
- You have negotiation power — nearly half of listings have price drops.
- Homes are sitting longer, offering time to evaluate options.
- Inventory is tighter but not competitive enough to drive prices higher (yet).
For Sellers:
- Market slightly favors you, but buyers are resisting high prices.
- Overpricing will lead to markdowns — price realistically from day one.
- Ensure good property condition and marketing to stay ahead.
🏡 Costa Mesa SFR Market Overview (Oct 2, 2025)
Costa Mesa holds a strong seller’s market position with a Market Action Index (MAI) of 45. The median list price is $1,850,000, and inventory is very tight at just 64 homes. While prices have plateaued, seller conditions remain favorable due to limited supply.
📊 Key SFR Market Metrics
- Market Type: Strong Seller’s Market
- Median List Price: $1,850,000
- Median New Listing Price: $1,795,000
- Price per Sq Ft: $951
- Inventory: 64 (low and declining)
- Avg Days on Market: 59
- Median Days on Market: 35
- Price Reductions: 38%
- Price Increases: 0%
- Relisted Properties: 11%
- Median Rent: $5,800/month
💡 What This Means:
For Buyers:
- Tight supply and low days on market = competitive conditions.
- Price reductions exist, but expect multiple-offer situations.
- Act fast on well-priced listings.
For Sellers:
- You’re in control — low inventory keeps pressure on buyers.
- Still, nearly 4 in 10 listings reduce price — don’t overreach.
- Homes are moving relatively fast with proper pricing and prep.
🏢 Costa Mesa Condo Market Overview (Oct 2, 2025)
Costa Mesa’s condo market holds a strong seller’s market with a Market Action Index (MAI) of 48. The median list price is $1,270,000, but activity has started to cool slightly. With only 27 condos on the market, tight supply keeps seller leverage strong — for now.
📊 Key Condo Market Metrics
- Market Type: Strong Seller’s Market
- Median List Price: $1,270,000
- Median New Listing Price: $1,392,500
- Price per Sq Ft: $728
- Inventory: 27 (very low)
- Avg Days on Market: 94
- Median Days on Market: 84
- Price Reductions: 37%
- Price Increases: 7%
- Relisted Properties: 11%
- Median Rent: $2,950/month
💡 What This Means:
For Buyers:
- Very limited inventory, but price cuts are growing.
- Long time on market = negotiation opportunity.
- The market still favors sellers, but cooling signs are emerging.
For Sellers:
- Low competition, but pricing is critical — 37% are cutting.
- Time on market is growing — set expectations accordingly.
- The market is still strong, but momentum may shift soon.
📞 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
DRE#02204462
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