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Orange County Real Estate Market Update

Your Trusted Resource for Orange County Housing

May 2026 housing market 

TIM SMITH REAL ESTATE GROUP

 

The Orange County housing market is moving at different speeds depending on price point, property type, location, and pricing strategy. While countywide Expected Market Time sits at 80 days, some segments are moving much faster, especially detached homes priced between $750,000 and $1.5 million, while higher-priced homes and attached properties are taking longer to sell.

Inventory is rising seasonally, up 6% over the past couple of weeks to 4,206 active listings, giving buyers more options and creating more competition for sellers. Buyer demand remains relatively stable, down just 1% to 1,584 pending sales, but affordability and mortgage rates continue to influence how quickly buyers are willing to act. Overall, today’s market rewards precision, preparation, and smart pricing from day one.

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ADVICE FOR SELLERS

Competition is increasing as more homes come online, making pricing and presentation more important than ever. Sellers who price strategically, prepare their homes well, and align with their specific market segment are still achieving strong results, while overpriced homes are losing momentum quickly.

 

ADVICE FOR buyers

Buyers have more options today than earlier in the year, creating opportunity across many price points. However, well-priced homes in the strongest segments are still moving quickly, so preparation is key. In slower-moving segments, buyers may have more time, more selection, and potentially more room to negotiate. Click to Calculate Your Mortgage Budget

 
A Deeper Look at the Data 

Explore our blog for in-depth Orange County housing market analysis.

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Sellers: What’s Your Home Worth?

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