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Orange County Market Update October 22nd 2025

Orange County Market Update October 22nd 2025

🏡 Orange County SFR Market Overview (Oct 22, 2025)
The Orange County single-family housing market continues to show a slight seller’s advantage, with the Market Action Index (MAI) steady at 42. The median list price is $1,883,500, while inventory has declined to 2,624 homes. Days on market remain moderate, but price reductions on over a third of listings indicate ongoing buyer caution.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,883,500
  • Median New Listing Price: $1,383,500
  • Price per Sq Ft: $778
  • Inventory Level: 2,624 (decreasing)
  • Avg Days on Market: 96
  • Median Days on Market: 63
  • Price Reductions: 36% of listings
  • Price Increases: 2%
  • Relisted Properties: 10%
  • Median Rent: $5,500/month

💡 What This Means:

For Buyers (SFR):

  • Room to Negotiate: 36% of homes have seen price cuts.
  • Moderate Pace: 60–90 day market times = time to compare options.
  • Act Soon: Falling inventory could tighten choices ahead.

For Sellers (SFR):

  • Market Leans Your Way: Still a seller’s edge, though slight.
  • Price Strategically: Overpricing leads to reductions and relisting.
  • Speed Matters: Competitive pricing and presentation win faster sales.

🏢 Orange County Condo Market Overview (Oct 22, 2025)
The Orange County condo market remains in a slight seller’s advantage position, with the Market Action Index (MAI) inching up to 41 from 40 last month. The median list price is $887,154, while inventory has dropped to 1,698 units. Buyers are taking longer to commit, but rising MAI and reduced supply suggest stable demand for well-priced condos.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $887,154
  • Median New Listing Price: $843,990
  • Price per Sq Ft: $669
  • Inventory Level: 1,698 (decreasing)
  • Avg Days on Market: 81
  • Median Days on Market: 56
  • Price Reductions: 40% of listings
  • Price Increases: 2%
  • Relisted Properties: 9%
  • Median Rent: $3,049/month

💡 What This Means:

For Buyers (Condos):

  • Good Selection, for Now: Inventory is falling, but there’s still choice.
  • Leverage Available: 4 in 10 listings have seen price cuts.
  • Less Urgency: 2-month average market times give breathing room.

For Sellers (Condos):

  • Mild Seller’s Edge: Market favors you, but pricing must reflect value.
  • Expect Price Pressure: Nearly half of sellers are adjusting downward.
  • Act Decisively: Good staging and pricing = quicker offers.

🏡 Newport Beach SFR Market Overview (Oct 22, 2025)
The Newport Beach single-family housing market shows a slight seller’s advantage, with the Market Action Index (MAI) increasing to 33, up from 31 last month. The median list price is $5,995,000, and inventory has declined to just 170 homes. With demand consistently outpacing supply, there may be upward pressure on pricing in the near future.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $5,995,000
  • Median New Listing Price: $4,075,000
  • Price per Sq Ft: $1,747
  • Inventory Level: 170 (decreasing)
  • Avg Days on Market: 135
  • Median Days on Market: 91
  • Price Reductions: 33% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $12,250/month

💡 What This Means:

For Buyers (SFR):

  • Limited Supply: Inventory is tight—act quickly on good listings.
  • Negotiation Room: A third of homes are reducing prices.
  • No Price Increases: Sellers are holding firm or adjusting down.

For Sellers (SFR):

  • Slight Edge: Market favors you, especially with low supply.
  • Watch Time on Market: Long average days (135) signal buyer caution.
  • Set the Right Price: Overpricing may delay sale or require reductions.

🏢 Newport Beach Condo Market Overview (Oct 22, 2025)
The Newport Beach condo market holds a slight seller’s advantage with a Market Action Index (MAI) of 42, down slightly from 43 last month. The median list price is $2,272,500, while inventory has ticked up to 60 units. Though prices have plateaued and the MAI is easing, the market remains in seller territory for now.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $2,272,500
  • Median New Listing Price: $1,016,500
  • Price per Sq Ft: $1,189
  • Inventory Level: 60 (increasing)
  • Avg Days on Market: 91
  • Median Days on Market: 49
  • Price Reductions: 32% of listings
  • Price Increases: 2%
  • Relisted Properties: 12%
  • Median Rent: $3,797/month

💡 What This Means:

For Buyers (Condos):

  • More Options Emerging: Inventory is rising modestly.
  • Still Some Leverage: 1 in 3 condos are seeing price cuts.
  • Watch the Trend: Slower market momentum may favor buyers soon.

For Sellers (Condos):

  • Edge Still Exists: You're still in control—for now.
  • Be Price-Conscious: Cooling demand means overpricing won't fly.
  • Timing Counts: Act before further MAI softening shifts balance.

🏡 Corona Del Mar SFR Market Overview (Oct 22, 2025)
The Corona Del Mar single-family home market is in a slight seller’s advantage position, with a Market Action Index (MAI) holding steady at 30. The median list price is $7,500,000, and inventory remains flat at 53 homes. While prices and supply are stable, signs of market slowing are beginning to appear—indicating a potentially shifting dynamic ahead.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $7,500,000
  • Median New Listing Price: $3,047,000
  • Price per Sq Ft: $2,231
  • Inventory Level: 53 (stable)
  • Avg Days on Market: 142
  • Median Days on Market: 84
  • Price Reductions: 43% of listings
  • Price Increases: 0%
  • Relisted Properties: 6%
  • Median Rent: $16,500/month

💡 What This Means:

For Buyers (SFR):

  • Slower Market = Leverage: Nearly half of listings have price reductions.
  • Plenty of Time: With 4+ month average market times, there’s room to negotiate.
  • Monitor the Trend: Market may shift toward buyers if activity continues to soften.

For Sellers (SFR):

  • Still an Advantage: Sellers have the upper hand—but just barely.
  • Act Before Shift: If MAI drops further, pricing power may weaken.
  • Expect Cautious Buyers: Stand out with strong presentation and realistic pricing.

🏢 Corona Del Mar Condo Market Overview (Oct 22, 2025)
The Corona Del Mar condo market has shifted into a slight buyer’s advantage, with the Market Action Index (MAI) sitting at 27, unchanged from last month. The median list price is $3,370,000, while inventory has increased to 32 units. While prices appear to be trending upward, this may reflect higher-quality or newer units rather than broader market strength.


📊 Key Condo Market Metrics

  • Market Type: Slight Buyer’s Market
  • Median List Price: $3,370,000
  • Median New Listing Price: $2,995,000
  • Price per Sq Ft: $1,942
  • Inventory Level: 32 (increasing)
  • Avg Days on Market: 88
  • Median Days on Market: 56
  • Price Reductions: 38% of listings
  • Price Increases: 0%
  • Relisted Properties: 9%
  • Median Rent: $8,488/month

💡 What This Means:

For Buyers (Condos):

  • Gaining Leverage: Market favors buyers—more listings, longer days on market.
  • Increased Options: Inventory growth offers more choice.
  • Patience Pays: Nearly 40% of listings are seeing price reductions.

For Sellers (Condos):

  • Tougher Climate: Market conditions are softening.
  • Stand Out to Sell: Strong photos, accurate pricing, and prep matter.
  • Time to Move: Consider acting before MAI drops further.

🏡 Irvine SFR Market Overview (Oct 22, 2025)
The Irvine single-family residential market holds a slight seller’s advantage, with the Market Action Index (MAI) steady at 35, unchanged from last month. The median list price is $2,620,000, and inventory has decreased to 271 homes. While demand shows signs of strengthening, prices have not yet responded—though an upward shift could be on the horizon if trends persist.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $2,620,000
  • Median New Listing Price: $2,244,000
  • Price per Sq Ft: $939
  • Inventory Level: 271 (decreasing)
  • Avg Days on Market: 94
  • Median Days on Market: 77
  • Price Reductions: 38% of listings
  • Price Increases: 2%
  • Relisted Properties: 18%
  • Median Rent: $5,800/month

💡 What This Means:

For Buyers (SFR):

  • Plenty of Negotiation Power: Over a third of listings have reduced prices.
  • Time to Decide: Listings are sitting for 2–3 months on average.
  • Watch for Shifts: If MAI rises, competition could return quickly.

For Sellers (SFR):

  • Still in Control: But buyers are cautious and price-sensitive.
  • Be Competitive: Strategic pricing and standout marketing are key.
  • Trend Is Favorable: If demand continues to outpace supply, pricing power may improve.

🏢 Irvine Condo Market Overview (Oct 22, 2025)
The Irvine condo market holds a slight seller’s advantage, with the Market Action Index (MAI) inching up to 36, from 35 last month. The median list price is $1,370,000, while inventory has declined to 361 units. Prices have plateaued recently, but with demand staying steady and MAI rising, upward pressure on prices may return soon.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,370,000
  • Median New Listing Price: $1,349,990
  • Price per Sq Ft: $786
  • Inventory Level: 361 (decreasing)
  • Avg Days on Market: 95
  • Median Days on Market: 77
  • Price Reductions: 38% of listings
  • Price Increases: 1%
  • Relisted Properties: 17%
  • Median Rent: $3,515/month

💡 What This Means:

For Buyers (Condos):

  • Still a Window: Many listings seeing price cuts; some room to negotiate.
  • Market is Stable but Firm: Demand is holding; don't expect deep discounts.
  • More Time to Act: Properties are sitting on market for around 3 months.

For Sellers (Condos):

  • Mild Advantage: You're in the driver’s seat—but just slightly.
  • Price Carefully: Buyers are selective, and nearly 40% of listings cut price.
  • Watch the Trend: If MAI continues upward, pricing power may strengthen.

🏡 Laguna Beach SFR Market Overview (Oct 22, 2025)
The Laguna Beach single-family home market remains in a slight seller’s advantage, with the Market Action Index (MAI) up slightly to 30 from 29 last month. The median list price is $4,797,000, while inventory has fallen to 136 homes. Although prices have yet to rise, consistent buyer activity and declining inventory hint at possible upward pressure ahead.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $4,797,000
  • Median New Listing Price: $3,950,000
  • Price per Sq Ft: $2,040
  • Inventory Level: 136 (decreasing)
  • Avg Days on Market: 210
  • Median Days on Market: 154
  • Price Reductions: 32% of listings
  • Price Increases: 0%
  • Relisted Properties: 10%
  • Median Rent: $10,700/month

💡 What This Means:

For Buyers (SFR):

  • Slower Market Pace: Homes are sitting for over 5–6 months.
  • Discount Opportunities: A third of listings are cutting prices.
  • Early Entry Advantage: Prices may rise if demand holds and supply continues to drop.

For Sellers (SFR):

  • Favorable Conditions: Still a seller’s market, though not aggressive.
  • Act Before Momentum Shifts: Market remains stable, but long days on market suggest buyers are cautious.
  • Presentation Is Key: Stale listings may struggle—pricing right and marketing well are essential.

🏢 Laguna Beach Condo Market Overview (Oct 22, 2025)
The Laguna Beach condo market holds a slight seller’s advantage, with the Market Action Index (MAI) up slightly to 31 from 30 last month. The median list price is $1,864,000, while inventory has declined to just 33 units. Although pricing has stabilized, low inventory may lead to renewed price growth if demand continues.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,864,000
  • Median New Listing Price: $3,000,000
  • Price per Sq Ft: $1,439
  • Inventory Level: 33 (decreasing)
  • Avg Days on Market: 140
  • Median Days on Market: 126
  • Price Reductions: 42% of listings
  • Price Increases: 3%
  • Relisted Properties: 15%
  • Median Rent: $5,400/month

💡 What This Means:

For Buyers (Condos):

  • Slower Moving Market: Long days on market offer time to negotiate.
  • Plenty of Reductions: Nearly half of listings have adjusted downward.
  • Low Supply, Stable Prices: Good time to enter before market re-accelerates.

For Sellers (Condos):

  • Leverage Still Exists: Low inventory supports seller positioning.
  • Watch Buyer Behavior: Longer market times = price sensitivity.
  • Be Competitive: Strategic pricing is key as buyers shop carefully.

🏡 Huntington Beach SFR Market Overview (Oct 22, 2025)
The Huntington Beach single-family market remains a strong seller’s market, with the Market Action Index (MAI) holding steady at 48. The median list price is $1,972,000, and inventory has decreased to 154 homes. Although pricing hasn’t pushed higher recently, persistent low supply could lead to price increases if buyer activity intensifies.


📊 Key SFR Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,972,000
  • Median New Listing Price: $1,499,888
  • Price per Sq Ft: $897
  • Inventory Level: 154 (decreasing)
  • Avg Days on Market: 91
  • Median Days on Market: 63
  • Price Reductions: 37% of listings
  • Price Increases: 4%
  • Relisted Properties: 11%
  • Median Rent: $5,750/month

💡 What This Means:

For Buyers (SFR):

  • Low Inventory = Fast Decisions: Not much room to wait—competition remains tight.
  • Some Discounts Still Possible: 37% of homes are seeing price reductions.
  • Sellers Still Confident: Only 4% are increasing prices, signaling steady expectations.

For Sellers (SFR):

  • Solid Advantage: Market remains firmly in your favor.
  • Stay Priced Right: Overpricing still leads to reductions despite seller leverage.
  • Act While It’s Hot: Limited competition and steady demand make it a good time to list.

🏢 Huntington Beach Condo Market Overview (Oct 22, 2025)
The Huntington Beach condo market holds a slight seller’s advantage, with the Market Action Index (MAI) at 41, slightly down from 42 last month. The median list price is $874,950, and inventory remains steady at 118 units. While pricing has plateaued, the balance of supply and demand still slightly favors sellers—for now.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $874,950
  • Median New Listing Price: $803,900
  • Price per Sq Ft: $700
  • Inventory Level: 118 (steady)
  • Avg Days on Market: 73
  • Median Days on Market: 56
  • Price Reductions: 47% of listings
  • Price Increases: 3%
  • Relisted Properties: 5%
  • Median Rent: $3,002/month

💡 What This Means:

For Buyers (Condos):

  • Leverage Improving: Nearly half of listings are cutting prices.
  • Balanced Pace: Homes taking 2+ months to sell allows for thoughtful decisions.
  • Watch the Trend: If MAI drops below 40, momentum may shift toward buyers.

For Sellers (Condos):

  • Still in Seller’s Zone: But price sensitivity is increasing.
  • Avoid Overpricing: 47% of listings required price cuts—be strategic.
  • Act Sooner Than Later: Market may cool further if activity slows.

🏡 Costa Mesa SFR Market Overview (Oct 22, 2025)
The Costa Mesa single-family residential market continues to operate as a strong seller’s market, with a Market Action Index (MAI) holding firm at 45. The median list price is $1,924,500, and inventory has risen slightly to 68 homes. Although prices have paused, low inventory is keeping the market competitive and favorable to sellers.


📊 Key SFR Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,924,500
  • Median New Listing Price: $1,794,000
  • Price per Sq Ft: $968
  • Inventory Level: 68 (increasing slightly)
  • Avg Days on Market: 65
  • Median Days on Market: 35
  • Price Reductions: 37% of listings
  • Price Increases: 0%
  • Relisted Properties: 10%
  • Median Rent: $5,750/month

💡 What This Means:

For Buyers (SFR):

  • Competitive Market: Homes are moving quickly—act fast on desirable listings.
  • Limited Pricing Flexibility: Only price reductions, no increases—room to negotiate but limited.
  • Inventory Slowly Climbing: May offer more options in coming weeks.

For Sellers (SFR):

  • Advantageous Conditions: Still firmly in seller’s territory.
  • Well-Priced Homes Move Fast: Median time to sell is just over a month.
  • Watch Inventory Trends: If supply keeps rising, market balance could shift.

🏢 Costa Mesa Condo Market Overview (Oct 22, 2025)
The Costa Mesa condo market remains firmly in a strong seller’s market, with the Market Action Index (MAI) up slightly to 49, from 48 last month. The median list price is $1,385,000, and inventory has decreased to just 27 units. While demand is still outpacing supply, signs of cooling are starting to emerge, which could lead to pricing shifts if the trend continues.


📊 Key Condo Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,385,000
  • Median New Listing Price: $1,200,000
  • Price per Sq Ft: $729
  • Inventory Level: 27 (decreasing)
  • Avg Days on Market: 93
  • Median Days on Market: 63
  • Price Reductions: 44% of listings
  • Price Increases: 4%
  • Relisted Properties: 11%
  • Median Rent: $2,906/month

💡 What This Means:

For Buyers (Condos):

  • Tight Market: Low inventory = limited choices.
  • Look for Price Flexibility: Nearly half of listings have reduced prices.
  • Act, But Don’t Rush: Market may soften if inventory picks up or demand slows.

For Sellers (Condos):

  • Strong Position: Still very much a seller’s market.
  • Stay Competitive: Buyers are becoming price-sensitive—don’t overreach.
  • Watch Momentum: A shift in MAI below 45 may signal change ahead.

🏡 Newport Coast SFR Market Overview (Oct 22, 2025)
The Newport Coast single-family home market remains in a slight seller’s advantage, with the Market Action Index (MAI) steady at 30. The median list price is a high $13,997,499, and inventory has declined to 40 homes. While demand hasn't surged, consistently low inventory is keeping market conditions tilted toward sellers, with gradual price movement observed.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $13,997,499
  • Median New Listing Price: $7,972,500
  • Price per Sq Ft: $2,064
  • Inventory Level: 40 (decreasing)
  • Avg Days on Market: 187
  • Median Days on Market: 140
  • Price Reductions: 28% of listings
  • Price Increases: 0%
  • Relisted Properties: 10%
  • Median Rent: $13,475/month

💡 What This Means:

For Buyers (SFR):

  • Ultra-High-End Market: Premium price points and long time-on-market offer room to negotiate.
  • Slow-Paced Market: Homes are taking 5–6 months to sell.
  • Modest Price Movement: Sellers are not pushing prices up—yet.

For Sellers (SFR):

  • Low Inventory Helps You: Limited competition supports pricing.
  • Buyer Pool is Selective: Long market times mean presentation and pricing must be sharp.
  • Price Carefully: With no listings increasing price, overpricing can hurt traction.

🏢 Newport Coast Condo Market Overview (Oct 22, 2025)
The Newport Coast condo market holds a slight seller’s advantage, with the Market Action Index (MAI) at 36, down from 38 last month. The median list price is $2,622,500, while inventory has increased modestly to 12 units. Though demand has softened slightly, inventory remains low enough to maintain seller leverage in this high-end segment.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $2,622,500
  • Median New Listing Price: $0 (no new listings reported)
  • Price per Sq Ft: $1,183
  • Inventory Level: 12 (increasing)
  • Avg Days on Market: 77
  • Median Days on Market: 60
  • Price Reductions: 33% of listings
  • Price Increases: 8%
  • Relisted Properties: 0%
  • Median Rent: $4,220/month

💡 What This Means:

For Buyers (Condos):

  • More Options Emerging: Inventory is slowly increasing.
  • Some Pricing Flexibility: One-third of listings have seen price cuts.
  • Balanced Conditions: Slower market gives room to negotiate.

For Sellers (Condos):

  • Still a Seller's Market: But momentum is weakening—act strategically.
  • Price Sensitivity Showing: A mix of reductions and increases means buyers are watching value closely.
  • Act Before Conditions Shift: Rising inventory could tilt balance over time.

 

📞 Need help preparing your condo for sale? 949-405-4455
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📍 Based in Orange County, CA
🌐 Website: Jarett Richards | Your California Real Estate Expert
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