Orange County Economist Warns CA Prices Must Fall Soon
Rising Inventory Levels Signal End of Seller's Market Dominance Orange County's real estate market, once a seller's paradise during the pandemic, is facing a dramatic shift. A surge in housing inventory is threatening to dismantle seller dominance entirely. As of March 2025, single-family home inventory jumped to 3,312 listings. This marks a staggering 74.68% increase compared to March 2024. The growth continued into April with a 16.03% month-over-month rise. Total active listings reached approximately 4,803 homes. This inventory boom is reshaping market dynamics in Orange County. Homes now take an average of 56 days to sell, with median timeframes of 38 days. This is a stark departure from the quick transactions of the pandemic era. The shift toward market balance is eliminating the frenzied bidding wars. Buyers now have unprecedented leverage to negotiate terms. They can conduct thorough inspections and avoid rushed decisions. The current 2.9 months of supply inventory i...