Orange County Real Estate Market Update – February 13th, 2025
Welcome to the Latest Orange County Real Estate Market Update
At True Property Management, we are committed to providing you with accurate and up-to-date market insights, sourced directly from the MLS. Whether you’re buying, selling, or considering a move within or out of state, this report will help you stay informed and make confident real estate decisions.
We appreciate your continued support and interest in our market updates. If there are specific data points or comparisons you’d like to see, feel free to reach out to me directly at info@truepropertymanagement.com
Market Trends: Steady Growth Despite High Mortgage Rates
The Orange County housing market continues to display resilience, with inventory gradually increasing and more properties going under contract each week.
- 1,756 homes accepted offers this week, up from 1,682 last week, showing steady buyer activity.
- Orange County inventory rose to 3,099 active listings, compared to 3,023 last week, providing more options for buyers.
- Nationally, inventory is declining, but Orange County is experiencing a steady supply, keeping the market balanced.
Last week, we discussed the impact of LA fire victims relocating to Orange County. While market data does not yet show a major influx, local schools report new students from Palisades and Altadena, indicating a growing number of relocations. It may take months before these moves are fully reflected in real estate statistics.
Read more: New 2025 California Landlord-Tenant Laws: What You Need to Know
Orange County Housing Inventory
- 3,099 active listings, up from 3,023 last week.
- 578 new listings this week, slightly down from 618 last week, yet maintaining a steady supply.
While more homes are being listed than sold, demand remains strong. The market still leans in favor of sellers, as days on market continue to decrease. However, sellers are negotiating prices, indicating a potential shift if mortgage rates decrease.
| Inventory Data | Today | Last Week |
| United States Single Family Homes | 632,555 | 635,008 |
| Orange County – All Properties | 3,099 | 3,023 |
| OC Under Contract & Pending | 1,756 | 1,682 |
| OC New Listings Last 7 Days | 578 | 618 |
| OC Sold Last 7 Days | 309 | 328 |
Orange County Days on Market
The days on market (DOM) metric continues to decline, reinforcing strong buyer demand:
- Well-priced homes are selling quickly.
- Older listings may offer opportunities for buyers seeking deals.
Check out available properties: View Our Vacancies
| OC Days On Market | Today | Last Week |
| Average Days On Market | 58 | 59 |
| Median Days On Market | 28 | 37 |
| Under $1,000,000 | 28 | 27 |
| $1,000,000 – $2,000,000 | 24 | 23 |
| Over $2,000,000 | 35 | 39 |
Key Housing Market Indicators
- Buyer activity remains strong, keeping prices stable.
- Open houses are seeing increased traffic.
- The pre-spring market is shaping up to be highly competitive.
| Key Stats – Orange County | Today | Last Week |
| OC Median List Price SFR | $2,050,000 | $2,000,000 |
| OC Median List Price Condo/Townhomes | $844,400 | $837,600 |
| Median Closed Price SFR Last 7 Days | $1,400,000 | $1,365,000 |
| Median Close Price Condo/Townhomes Last 7 Days | $821,000 | $795,000 |
| Sold Price VS List Price | .86% Under – $12,172 | 1.84% Under – $28,137 |
Economic Outlook & Expert Guidance
At True Property Management, we pride ourselves on delivering expert market insights. Our goal is to help clients navigate the Orange County real estate market with confidence.
For guidance on buying or selling in Orange County, or to connect with top real estate professionals, visit our website or contact us at (949) 688-7705.
2919 Newport Blvd, Newport Beach CA 92663
info@truepropertymanagement.com
(949) 688 7705