Orange County Housing Market Update – April 2025
The Orange County real estate market is shifting. Here is a summarized report based on Reports on Housing April update. Inventory levels are rising, luxury homes are sitting longer, and buyer activity is tapering off. Whether you’re a buyer, seller, or just keeping an eye on trends, here’s what you need to know right now across the county and how it compares to local communities.
To get the full report or to get monthly housing updates for Orange County or any of the other communities highlighted in this post, simply Click Here and Sign Up.
Orange County Market Overview
Inventory has increased to 3,945 homes – the highest since August 2022.
New listings are up compared to 2024 but still 26% below pre-COVID norms.
Demand is down 3% month-over-month, with 1,494 pending sales, and 74% below pre-COVID averages.
Mortgage rates have stabilized around 7%.
Luxury segment ($2.5M+) is seeing the sharpest slowdown: 180 days average market time, and over 446 days for homes $6M+.
Sellers are adjusting expectations, while buyers have more negotiating power than in previous springs.
To get monthly housing updates for Orange County or any of the other communities highlighted in this post, simply Click Here and Sign Up.
Southwest San Clemente
Local inventory is rising, but still relatively tight.
Days on market are increasing, especially in the $2M+ range.
Luxury listings are seeing muted activity, much like the broader OC trend.
Sellers must price competitively to avoid sitting on market.
Laguna Beach
Inventory is climbing in the mid-to-high range properties.
Buyer demand is cautious, especially in the $5M+ tier.
Time on market increasing sharply.
San Clemente (Central/Overall)
Volume of listings is up 32.4% month-over-month.
3-bedroom and 4-bedroom price brackets showing signs of pricing pressure.
Seller success depends on initial pricing strategy.
Dana Point
Inventory continues to climb.
Average time on market increasing across nearly all price brackets.
Buyer urgency has decreased compared to Q1.
Final Thoughts
If you’re preparing to sell, nailing the list price is more critical than ever. Buyers: you now have more leverage, but competition could return quickly if rates drop.
To get the full report and or get monthly housing updates for Orange County or any of the other communities highlighted in this post, simply Click Here and Sign Up.
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