Orange County Real Estate Market Update – September 2025

Orange County Real Estate Market Update – September 2025

Orange County remains a pinnacle of coastal living, defined by its idyllic beaches, top-tier schools, and thriving local communities. As we transitioned from the heat of summer into the fall, the September 2025 data reveals a market that, while firmly in seller territory for prized assets, is moving toward a more measured and strategic pace. The overall market tone is active, competitive for turnkey homes, and characterized by price stability.

New and Active Listings

September introduced 1,950 new listings to the market. Simultaneously, the total number of active listings for the month was 5,555.

This inventory level signals an improving, though still constrained, supply. The increase in active listings compared to the recent past is positive for buyers, offering more selection and breathing room. However, with new listings dipping slightly compared to typical spring volume, the total available inventory remains below the levels needed to fully satisfy the persistent demand, sustaining competitiveness for high-quality, desirable homes.

Pending and Closed Sales

The month concluded with 1,043 pending sales, indicating the pipeline of new contracts, and 1,801 closed sales finalized during the month.

The robust number of closed transactions confirms that buyer demand is successfully translating into finalized deals. While the lower pending sales figure suggests some caution among new buyers (often tied to high mortgage rates), the strong closed sales volume reflects the commitment of those already in the pipeline. Homes are moving efficiently from contract to closing, demonstrating market health and buyer follow-through.

Closed Transaction Volume

The total closed transaction volume for September soared to $5,329,553,332.

This colossal multi-billion dollar turnover underscores the immense economic value and investment stability of the Orange County housing market. A transaction volume exceeding $5.3 billion is an emphatic statement on the market's fundamental strength, reflecting the consistent closure of high-value properties across the county's diverse price points, from luxury coastal estates to highly valued suburban residences.

Average Days on Market

The average time a property spent on the market before going under contract was 38 days.

An average Days on Market (DOM) of 38 days suggests a market that is highly efficient, though slightly cooler than the hyper-speed pace seen during the peak of the pandemic. This figure is short enough to reflect a seller’s advantage—well-priced, desirable homes are moving quickly. However, it also offers strategic buyers a reasonable amount of time to conduct due diligence, which creates a better-balanced transaction than in the frenzied environment of years past.

Median Sales Price

The median sales price for all residential properties in Orange County settled at $1,185,000.

This notable median price point is the definitive indicator of property value appreciation and stability in Orange County. It reaffirms the long-term desirability of the area, driven by limited available land and high buyer willingness to invest in the OC lifestyle. For buyers, the high median price solidifies the need for pre-qualification and a strong financial plan, as affordability remains the primary challenge. For sellers, it confirms that their equity remains firmly protected.

Market Implications

The September 2025 data paints a clear picture: the Orange County market is strong, price-resistant, and requires surgical precision to navigate.

For Buyers: Inventory is sufficient to allow for selection, but a 38-day DOM means you must be decisive. Pre-approval is non-negotiable. Work with an agent to identify properties that may have exceeded the 38-day average; these listings often represent the best opportunity for negotiation on price or terms. Focus on being the cleanest, most prepared offer.

For Sellers: The market is rewarding professionalism. Your closed sale volume and median price are outstanding, but your home must earn its 38-day close. Pricing aligned with current market conditions from day one is essential to avoid languishing on the market. Invest in staging and high-quality presentation; buyers are selective and willing to wait for perfection.

Whether you are looking to secure a foothold in one of the most vibrant markets in the country or capitalize on your significant equity, staying informed and prepared is your greatest tool. For personalized guidance on your neighborhood, consult a local real estate professional today.