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Orange County Market Update October 8, 2025

Orange County Market Update October 8, 2025

🏡 Orange County SFR Market Overview (Oct 8, 2025)
The Orange County SFR housing market continues to show a slight seller's advantage with a Market Action Index (MAI) of 42, edging up from last month’s 41. The median list price has increased to $1,935,000, while inventory has decreased to 2,687, reinforcing a tightening supply trend. However, extended market times and a high percentage of price reductions indicate buyers remain cautious and price-sensitive.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,935,000
  • Median New Listing Price: $1,499,000
  • Price per Sq Ft: $783
  • Inventory Level: 2,687 (decreasing)
  • Avg Days on Market: 98
  • Median Days on Market: 63
  • Price Reductions: 36% of listings
  • Price Increases: 2%
  • Relisted Properties: 10%
  • Median Rent: $5,950/month

💡 What This Means:
For Buyers (SFR):

  • Negotiation Power: 1 in 3 homes cutting prices — there’s leverage.
  • Time Buffer: 2–3 months on market gives room to analyze deals.
  • High Entry Point: Prices still elevated, especially in prime zip codes.

For Sellers (SFR):

  • Strategic Pricing is Key: Overpricing will likely lead to reductions.
  • Patience Required: Expect longer market timelines.
  • Slight Edge Remains: Still favorable, but not aggressive — prep and timing matter.

🏢 Orange County Condo Market Overview (Oct 8, 2025)
The Orange County condo market holds a slight seller’s advantage with a Market Action Index (MAI) of 40, unchanged from last month. The median list price is $875,000, and inventory has declined to 1,765 units, suggesting a mild tightening. However, 40% of listings are reducing prices, and market times remain extended, signaling buyer caution.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $875,000
  • Median New Listing Price: $832,475
  • Price per Sq Ft: $671
  • Inventory Level: 1,765 (decreasing)
  • Avg Days on Market: 79
  • Median Days on Market: 56
  • Price Reductions: 40% of listings
  • Price Increases: 2%
  • Relisted Properties: 9%
  • Median Rent: $3,153/month

💡 What This Means:
For Buyers (Condos):

  • Negotiation Opportunities: 4 in 10 listings are cutting prices.
  • Moderate Timing Flexibility: Listings sit for 1.5–2.5 months.
  • Entry Point: Lower price points than SFRs, but still elevated.

For Sellers (Condos):

  • Mind Your Pricing: Overpricing risks longer stays and cuts.
  • Time Expectations: Faster than SFRs, but still not quick.
  • Slight Advantage: Solid presentation and strategic pricing can yield results.

🏡 Newport Beach SFR Market Overview (Oct 8, 2025)
The Newport Beach SFR housing market maintains a slight seller's advantage with a Market Action Index (MAI) of 32, a slight uptick from last month’s 31. The median list price is now $5,972,500, and inventory has decreased to 178, continuing a tightening trend. Despite the high price point, zero price increases and long time on market show buyers are cautious and selective.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $5,972,500
  • Median New Listing Price: $5,995,000
  • Price per Sq Ft: $1,722
  • Inventory Level: 178 (decreasing)
  • Avg Days on Market: 128
  • Median Days on Market: 98
  • Price Reductions: 32% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $14,750/month

💡 What This Means:
For Buyers (SFR):

  • Negotiation Room: 1 in 3 listings cutting prices — leverage exists.
  • Plenty of Time: Homes sitting for 3+ months = more due diligence time.
  • Luxury Market Dynamics: Prices are high, but patience pays off.

For Sellers (SFR):

  • Smart Pricing Matters: No price increases = risk if overpriced.
  • Expect Longer Sales Cycles: Market time is nearing 4 months.
  • Slight Advantage Persists: Prep and pricing strategy will drive success.

🏢 Newport Beach Condo Market Overview (Oct 8, 2025)
The Newport Beach condo market holds a slight seller’s advantage with a Market Action Index (MAI) of 32, up slightly from last month’s 31. The median list price stands at $5,972,500, and inventory has decreased to 178, indicating tightening supply. That said, market time is long and no listings have increased prices, showing buyers are careful and pricing sensitivity is high.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $5,972,500
  • Median New Listing Price: $5,995,000
  • Price per Sq Ft: $1,722
  • Inventory Level: 178 (decreasing)
  • Avg Days on Market: 128
  • Median Days on Market: 98
  • Price Reductions: 32% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $14,750/month

💡 What This Means:
For Buyers (Condos):

  • Plenty of Room to Negotiate: 1 in 3 listings are cutting prices.
  • Time Advantage: Listings sit for over 3 months — low urgency.
  • Luxury Price Point: High costs require strategic decision-making.

For Sellers (Condos):

  • Pricing Must Be Sharp: No price increases = flat buyer appetite.
  • Be Prepared for Longer Timelines: Patience needed for quality offers.
  • Slight Market Edge: Still in seller territory, but not aggressively so.

Corona Del Mar SFR Market Overview (Oct 8, 2025)
The Corona Del Mar single-family housing market continues to show a slight seller's advantage with a Market Action Index (MAI) of 31, rising from last month’s 29. The median list price is now $7,499,999, and inventory has tightened further to just 52 homes. Despite strong prices, zero price increases and long days on market reflect a selective buyer pool, even in this luxury segment.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $7,499,999
  • Median New Listing Price: $3,500,000
  • Price per Sq Ft: $2,226
  • Inventory Level: 52 (decreasing)
  • Avg Days on Market: 148
  • Median Days on Market: 109
  • Price Reductions: 35% of listings
  • Price Increases: 0%
  • Relisted Properties: 4%
  • Median Rent: $16,500/month

💡 What This Means:
For Buyers (SFR):

  • Lots of Room to Negotiate: 1 in 3 homes are seeing price cuts.
  • No Rush: Listings are sitting 4–5 months — plenty of breathing room.
  • Luxury Market Sensitivity: Prices are high, but patience = power.

For Sellers (SFR):

  • Smart Pricing is Critical: No price increases = careful buyer pool.
  • Expect Long Waits: Homes aren’t moving quickly — prep and patience are key.
  • Low Inventory Gives Edge: Still seller-favored, but soft demand keeps pressure on strategy.

🏢 Corona Del Mar Condo Market Overview (Oct 8, 2025)
The Corona Del Mar condo market has shifted to a slight buyer’s advantage, with the Market Action Index (MAI) at 26, down from last month's 27. The median list price is $3,245,000, while inventory has increased to 31 units, signaling more options for buyers. Despite the rising list prices, longer market times and no price increases suggest demand is cooling.


📊 Key Condo Market Metrics

  • Market Type: Slight Buyer’s Market
  • Median List Price: $3,245,000
  • Median New Listing Price: $2,897,500
  • Price per Sq Ft: $2,009
  • Inventory Level: 31 (increasing)
  • Avg Days on Market: 82
  • Median Days on Market: 63
  • Price Reductions: 39% of listings
  • Price Increases: 0%
  • Relisted Properties: 10%
  • Median Rent: $9,000/month

💡 What This Means:
For Buyers (Condos):

  • More Inventory, More Choice: Market is loosening up.
  • Lots of Leverage: Nearly 40% of listings cutting prices.
  • No Need to Rush: Homes are sitting for 2–3 months.

For Sellers (Condos):

  • Pricing Carefully is Key: Overpricing = high chance of reduction.
  • Fewer Bidding Wars: Buyer activity is softer.
  • Be Competitive: Strong prep, clear value, and flexibility matter in this market.

🏡 Irvine SFR Market Overview (Oct 8, 2025)
The Irvine single-family housing market remains in a slight seller's advantage position with a Market Action Index (MAI) of 35, up slightly from 34 last month. The median list price stands at $2,750,000, while inventory has declined to 301 homes. Despite softening prices, the balance of sales to inventory is improving—suggesting potential price support ahead.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $2,750,000
  • Median New Listing Price: $2,049,000
  • Price per Sq Ft: $933
  • Inventory Level: 301 (decreasing)
  • Avg Days on Market: 90
  • Median Days on Market: 77
  • Price Reductions: 36% of listings
  • Price Increases: 2%
  • Relisted Properties: 19%
  • Median Rent: $5,950/month

💡 What This Means:
For Buyers (SFR):

  • Negotiation Leverage: Over 1 in 3 homes are reducing prices.
  • Time to Think: 2–3 month market times = less pressure.
  • Opportunities in Inventory: Declining inventory may increase competition soon.

For Sellers (SFR):

  • Slight Edge Remains: Market still favors sellers, but not strongly.
  • Prepare for Price Sensitivity: Buyer caution remains — pricing must be justified.
  • Strong Presentation Matters: Homes need to stand out to sell quickly.

🏢 Irvine Condo Market Overview (Oct 8, 2025)
The Irvine condo market continues to show a slight seller’s advantage with a Market Action Index (MAI) of 35, ticking up from last month’s 34. The median list price is now $1,345,000, while inventory has declined to 385 units. Prices appear to be stabilizing for now, but if demand holds and inventory tightens further, expect prices to resume an upward trend.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,345,000
  • Median New Listing Price: $1,498,000
  • Price per Sq Ft: $789
  • Inventory Level: 385 (decreasing)
  • Avg Days on Market: 92
  • Median Days on Market: 77
  • Price Reductions: 37% of listings
  • Price Increases: 2%
  • Relisted Properties: 17%
  • Median Rent: $3,700/month

💡 What This Means:
For Buyers (Condos):

  • Slower Movement Helps: Properties sitting ~3 months = less urgency.
  • Chances to Negotiate: Over 1 in 3 listings are dropping price.
  • Prices Stabilized (For Now): Strategic timing could be valuable.

For Sellers (Condos):

  • Seller Advantage Holds: Demand still outweighs supply slightly.
  • Price Carefully: Buyers are price-sensitive — avoid overpricing.
  • Presentation Still Key: Clean, updated, and well-priced condos are moving.

🏡 Laguna Beach SFR Market Overview (Oct 8, 2025)
The Laguna Beach single-family housing market holds a slight buyer’s advantage with a Market Action Index (MAI) of 29, up modestly from 28 last month. The median list price is now $4,897,000, while inventory has dropped to 160 homes. Despite this tightening, homes are sitting longer and price increases are absent, suggesting buyers still have the upper hand.


📊 Key SFR Market Metrics

  • Market Type: Slight Buyer’s Market
  • Median List Price: $4,897,000
  • Median New Listing Price: $4,647,499
  • Price per Sq Ft: $1,928
  • Inventory Level: 160 (decreasing)
  • Avg Days on Market: 196
  • Median Days on Market: 140
  • Price Reductions: 32% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $10,948/month

💡 What This Means:
For Buyers (SFR):

  • Power Position: Market favors you — long DOM and no price increases.
  • Time to Evaluate: Homes sitting for 4–6+ months = no pressure.
  • More to Choose From: Inventory remains relatively high despite recent dips.

For Sellers (SFR):

  • Adjust to Demand: Price aggressively or expect to sit.
  • No Upward Pressure Yet: Market isn’t supporting price jumps right now.
  • Presentation & Timing Matter: Strong listings will still find serious buyers.

🏢 Laguna Beach Condo Market Overview (Oct 8, 2025)
The Laguna Beach condo market holds a slight seller’s advantage with a Market Action Index (MAI) of 31, unchanged from last month. The median list price is $1,800,000, and inventory has slightly increased to 36 units. Although home sales continue to outpace new inventory, price reductions remain high and market times are long, suggesting that pricing pressure is building despite the seller-leaning conditions.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $1,800,000
  • Median New Listing Price: $1,585,000
  • Price per Sq Ft: $1,418
  • Inventory Level: 36 (slightly increasing)
  • Avg Days on Market: 139
  • Median Days on Market: 126
  • Price Reductions: 42% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $5,900/month

💡 What This Means:
For Buyers (Condos):

  • Plenty of Negotiation Power: 42% of listings are dropping prices.
  • No Urgency Needed: Listings are sitting 4+ months on average.
  • Buyer Behavior Strong: Despite seller conditions, pricing flexibility is common.

For Sellers (Condos):

  • Slight Edge Remains: Low inventory still supports seller position.
  • Expect Pushback on Price: No price increases = buyer caution.
  • Prep is Key: Overpricing will likely result in markdowns or long hold times.

🏡 Huntington Beach SFR Market Overview (Oct 8, 2025)
The Huntington Beach single-family market remains a strong seller’s market with a Market Action Index (MAI) of 47, down slightly from 48 last month. The median list price stands at $1,940,000, and inventory has dipped to 155 homes, supporting seller leverage. However, the recent softening in MAI and stable prices suggest the market may be cooling — buyers could see more opportunities if the trend continues.


📊 Key SFR Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,940,000
  • Median New Listing Price: $1,859,000
  • Price per Sq Ft: $902
  • Inventory Level: 155 (decreasing)
  • Avg Days on Market: 104
  • Median Days on Market: 63
  • Price Reductions: 37% of listings
  • Price Increases: 3%
  • Relisted Properties: 12%
  • Median Rent: $5,525/month

💡 What This Means:
For Buyers (SFR):

  • Still Competitive: Sellers retain the upper hand — be strategic.
  • Watch for Softening: MAI has dipped slightly — more leverage could be coming.
  • Negotiation Possible: 37% of listings are reducing prices.

For Sellers (SFR):

  • Solid Advantage: Low inventory continues to favor well-prepped listings.
  • Act Promptly: Momentum may be shifting — list now for maximum impact.
  • Avoid Overpricing: Price reductions are still frequent — stay realistic.

🏢 Huntington Beach Condo Market Overview (Oct 8, 2025)
The Huntington Beach condo 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 $925,000, and inventory has tightened to 113 units, helping to keep conditions favorable for sellers. However, with 46% of listings seeing price reductions and days on market starting to stretch, buyers are pushing back on pricing.


📊 Key Condo Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $925,000
  • Median New Listing Price: $865,000
  • Price per Sq Ft: $703
  • Inventory Level: 113 (decreasing)
  • Avg Days on Market: 73
  • Median Days on Market: 49
  • Price Reductions: 46% of listings
  • Price Increases: 3%
  • Relisted Properties: 7%
  • Median Rent: $3,335/month

💡 What This Means:
For Buyers (Condos):

  • Leverage Growing: Nearly half of listings are reducing prices.
  • Time to Act Strategically: Homes are taking 1.5–2.5 months to sell.
  • Still Competitive: Seller-favorable, but cooling signs are emerging.

For Sellers (Condos):

  • Edge Still Yours: Low inventory supports current pricing — for now.
  • Beware of Overpricing: High number of price drops means buyers are watching closely.
  • Strong Marketing Counts: Well-prepped, fairly priced units are still moving.

🏡 Costa Mesa SFR Market Overview (Oct 8, 2025)
The Costa Mesa single-family housing market is firmly in a strong seller’s market with a Market Action Index (MAI) of 47, up from 45 last month. The median list price is $1,850,000, and inventory has dropped to 57 homes, reinforcing seller dominance. Even though pricing hasn't surged yet, the steady sales pace suggests upward pressure could return if current trends continue.


📊 Key SFR Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,850,000
  • Median New Listing Price: $2,195,000
  • Price per Sq Ft: $960
  • Inventory Level: 57 (decreasing)
  • Avg Days on Market: 61
  • Median Days on Market: 42
  • Price Reductions: 40% of listings
  • Price Increases: 0%
  • Relisted Properties: 9%
  • Median Rent: $5,800/month

💡 What This Means:
For Buyers (SFR):

  • Still a Seller’s Market: Limited inventory = more competition.
  • Plenty of Price Drops: 40% of homes are cutting — opportunity exists.
  • Act Quickly: Fast-moving market with short DOM.

For Sellers (SFR):

  • Strong Leverage: Market dynamics favor you — act while MAI is high.
  • Prep Still Matters: Despite favorable conditions, pricing must reflect current buyer expectations.
  • Watch Trends: If MAI climbs, so could pricing power.

🏢 Costa Mesa Condo Market Overview (Oct 8, 2025)
The Costa Mesa condo market is holding in a strong seller’s market position with a Market Action Index (MAI) of 49, though slightly down from last month’s 52. The median list price is $1,235,000, and inventory has tightened significantly to just 26 units. Despite strong seller conditions, buyer demand has cooled slightly, and price reductions are common, signaling a possible softening ahead.


📊 Key Condo Market Metrics

  • Market Type: Strong Seller’s Market
  • Median List Price: $1,235,000
  • Median New Listing Price: $1,047,500
  • Price per Sq Ft: $729
  • Inventory Level: 26 (decreasing)
  • Avg Days on Market: 96
  • Median Days on Market: 84
  • Price Reductions: 42% of listings
  • Price Increases: 8%
  • Relisted Properties: 12%
  • Median Rent: $5,800/month

💡 What This Means:
For Buyers (Condos):

  • More Room to Negotiate: 4 in 10 listings are reducing price.
  • Cautious Approach Warranted: Slower demand could benefit patient buyers.
  • Still Competitive: Inventory remains tight, so act decisively on well-priced units.

For Sellers (Condos):

  • Still a Strong Market: Low supply supports your position — for now.
  • Watch Demand Closely: MAI is dipping — future leverage could shift.
  • Be Price-Strategic: Overpricing may lead to cuts or longer time on market.

🏡 Newport Coast SFR Market Overview (Oct 8, 2025)
The Newport Coast single-family home market is currently in a slight seller’s advantage with a Market Action Index (MAI) of 31, up from 28 last month. The median list price has surged to $15,500,000, while inventory has decreased to just 37 homes, indicating tight supply in this ultra-luxury market. Although prices are high, extended days on market and no price increases reflect buyer caution at these elevated levels.


📊 Key SFR Market Metrics

  • Market Type: Slight Seller’s Market
  • Median List Price: $15,500,000
  • Median New Listing Price: $0 (no new data)
  • Price per Sq Ft: $2,681
  • Inventory Level: 37 (decreasing)
  • Avg Days on Market: 184
  • Median Days on Market: 126
  • Price Reductions: 27% of listings
  • Price Increases: 0%
  • Relisted Properties: 11%
  • Median Rent: $14,000/month

💡 What This Means:
For Buyers (SFR):

  • Luxury, but Slow-Moving: Homes are sitting for 4–6 months.
  • Selective Opportunity: Price cuts are happening on 1 in 4 listings.
  • Patience Pays: No urgency — strategic buyers have leverage.

For Sellers (SFR):

  • Low Inventory = Advantage: Fewer listings keep balance tipped your way.
  • Ultra-High Price Tier Requires Precision: Pricing must reflect current demand.
  • Focus on Presentation: High expectations in this price bracket demand quality marketing and staging.

🏢 Newport Coast Condo Market Overview (Oct 8, 2025)
The Newport Coast condo market continues to lean toward a slight seller’s advantage with a Market Action Index (MAI) of 41, up from 39 last month. The median list price stands at $2,622,500, with inventory increasing to just 12 condos, maintaining a tight supply. Prices have plateaued for now, but with stronger sales relative to inventory, the market could push prices higher in the near future.


📊 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: $1,209
  • Inventory Level: 12 (increasing)
  • Avg Days on Market: 65
  • Median Days on Market: 46
  • Price Reductions: 33% of listings
  • Price Increases: 8%
  • Relisted Properties: 0%
  • Median Rent: $6,250/month

💡 What This Means:
For Buyers (Condos):

  • Slim Inventory, But Opportunity Exists: 1 in 3 listings are dropping price.
  • Quick Decisions Needed: Short days on market show active demand.
  • Balance is Shifting Slightly: More listings and recent plateauing may give you an edge.

For Sellers (Condos):

  • Favorable Conditions Persist: Low inventory keeps sellers in control.
  • Price Smartly: Some price increases, but reductions still common — market is watching.
  • Move With Momentum: Take advantage of rising MAI while competition is low.

 

 

 

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