The Long & Foster Market Minute

FOCUS ON: ORANGE COUNTY HOUSING MARKET AUGUST 2025

Units Sold
117
Active Inventory
382
Median Sale Price
$489,000
Days On Market
41
Down -3%
Vs. Year Ago
Up 34%
Vs. Year Ago
Down -2%
Vs. Year Ago
Up 17%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in August, with 117 sold this month in Orange County Real Estate versus 137 last month, a decrease of 15%. This month's total units sold was lower than at this time last year, a decrease of 3% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 97 units or 34%. The total number of active inventory this August was 382 compared to 285 in August 2024. This month's total of 382 is lower than the previous month's total supply of available inventory of 409, a decrease of 7%.

Median Sale Price
Last August, the median sale price for Orange County Homes was $500,000. This August, the median sale price was $489,000, a decrease of 2% or $11,000 compared to last year. The current median sold price is 1% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
147
Current Contracts
117
Sold Vs. List Price
97.4%
Months of Supply
3.3
Up 7%
Vs. Year Ago
Up 29%
Vs. Year Ago
Down -2.4%
Vs. Year Ago
Up 38%
Vs. Year Ago

Months of Supply
In August, there was 3.3 months of supply available in Orange County, compared to 2.4 in August 2024. That is an increase of 39% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 147 homes newly listed for sale in Orange County compared to 138 in August 2024, an increase of 7%. There were 117 current contracts pending sale this August compared to 91 a year ago. The number of current contracts is 29% higher than last August.

Sale Price to List Price Ratio
In August, the average sale price in Orange County was 97.4% of the average list price, which is 2.4% lower than at this time last year.

Days on Market
This month, the average number of days on market was 41, higher than the average last year, which was 35, an increase of 17%.

The Long & Foster Market Minute Orange County are defined as properties listed in zip code/s .
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc.