Orange County Real Estate Market Update: November 2025

November in Orange County brought a fresh wave of activity to the real estate scene, marked by a blend of optimism and caution. As autumn leaves fell, so did the inventory of available homes, creating a dynamic market for both buyers and sellers.

Inventory Tightens, Prices Hold Steady
One of the standout trends this November was the continued low inventory. Fewer homes on the market meant that buyers faced stiff competition, especially for well-priced properties in desirable neighborhoods like Irvine, Newport Beach, and Laguna Niguel. Despite the squeeze, home prices remained resilient, with the median sale price holding steady compared to October. Sellers who priced their homes realistically often found eager buyers, sometimes within days of listing.

Mortgage Rates: A Double-Edged Sword
Mortgage rates in November hovered near recent highs, cooling some of the frenzied activity seen earlier in the year. For many first-time buyers, higher rates meant re-evaluating budgets or considering smaller homes. However, seasoned buyers and investors continued to see value in Orange County’s long-term growth, keeping the market moving even as affordability challenges persisted.

Buyer and Seller Strategies
Buyers in November had to act quickly and come prepared, often with pre-approvals in hand. Sellers, on the other hand, benefited from the low competition but needed to ensure their homes were move-in ready to attract serious offers. Open houses were lively, and homes with updated features or in turnkey condition drew the most attention.

Looking Ahead
As we head into December, the Orange County market is expected to maintain its steady pace. Many buyers and sellers are watching mortgage rates closely, with hopes for more favorable conditions in the new year. The holiday season typically brings a slight slowdown, but motivated buyers and sellers can still find success with the right approach.

In summary, November 2025 in Orange County was a tale of tight inventory, steady prices, and strategic moves from both buyers and sellers. Whether you’re considering a move or just keeping an eye on the market, staying informed will help you make the best decisions in this ever-evolving landscape.