Orange County, CA Real Estate Market Report – February 2026

February 2026 brought continued activity and notable trends to the Orange County real estate market. Covering single-family homes, condos, and townhomes, this monthly snapshot provides a comprehensive look at how the local housing landscape is evolving.

Key Market Statistics

• Median Sale Price: The median sale price for all property types in Orange County reached $1,050,000, representing a modest year-over-year increase of 2.5%. Single-family homes led the way, while condos and townhomes also saw steady appreciation.
• Inventory: Inventory remained tight, with just 2.1 months of supply across the county. This continued shortage has helped support home values, even as new listings trickled onto the market.
• Days on Market: Properties spent an average of 29 days on the market, a slight uptick from last year but still indicative of a brisk pace. Well-priced homes, especially in desirable neighborhoods, often attracted multiple offers.
• Closed Sales: There were approximately 2,400 closed sales in February, a 4% increase compared to February 2025. This suggests resilient demand, despite ongoing affordability challenges.

Trends & Insights

• Buyer Activity: Buyer interest remained strong, particularly among first-time buyers and move-up purchasers. Many acted quickly to secure homes before anticipated interest rate changes later in the year.
• Seller Landscape: Sellers continued to benefit from low inventory, though realistic pricing and presentation were key to attracting motivated buyers.
• Neighborhood Highlights: Coastal communities and centrally located cities like Irvine and Anaheim remained popular, with condos and townhomes seeing increased activity as buyers sought more affordable options.

Looking Ahead

With spring approaching, market activity is expected to pick up further. While affordability remains a concern, Orange County’s strong economy and desirable lifestyle continue to drive interest across all property types.

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