Orange County Average Price Rises to $1.48M

Orange County existing single-family home sales slipped yearly and MoM in Late-Q3, with transactions ↓2% yearly and ↓<1% from Mid-Q3 locally overall.
Even with softer sales, Orange County's avg. existing single-family home price ↑ from ~$1.45M in Mid-Q3 to ~$1.48M in Late-Q3, showing resilience.
The market felt less rushed entering Late-Q3, giving buyers more time to weigh options instead of hurrying to make an offer carefully.
Mortgage rates and affordability stayed challenging, but easing competition gave well-prepared buyers more room to explore homes, negotiate terms, and focus on fit.
One key detail for Orange County: local sales figures were not seasonally adjusted, so short-term shifts were best read as a near-term snapshot.