The Orange County real estate market is buzzing this August. From Newport Beach to San Clemente, buyers and sellers are navigating a landscape full of opportunity, movement, and lifestyle appeal.
Whether you’re seeking a coastal retreat in Newport Coast, a modern estate in Irvine, or a hillside escape in Laguna Beach, the numbers tell a clear story: timing, strategy, and presentation matter more than ever.
Market at a Glance
This summer, the market continues to favor smart buyers. In July, 61% of homes sold below their original list price, the highest share since 2023. The median market time was 32 days, with average price cuts of $32,000. Still, luxury shines: nearly 26% of properties sold above asking—often in just eight days—especially in hot markets like Newport Coast and Dana Point, where turnkey, high-end properties remain in high demand.
Orange County’s active inventory holds just over 5,000 listings—higher than last year but far below historic averages. With mortgage rates dipping to their lowest of 2025, buyer demand is climbing. The Expected Market Time sits at 91 days, slower than recent years, but improving as affordability strengthens.
Spotlight on Luxury
The luxury real estate market remains steady and sophisticated. With more than 1,100 homes priced above $2.5 million, buyers have options across Laguna Beach, Costa Mesa, Newport Beach, and beyond. The Expected Market Time for luxury estates is 211 days, giving buyers—local, national, and international—the space to explore. Sellers, however, should know that updated, well-staged properties in prime locations are still commanding strong offers.
Buyer Personas
- Local buyers are upsizing, downsizing, and trading into lifestyle-driven properties.
- National buyers are eyeing Dana Point and San Clemente for vacation homes and coastal investments.
- International buyers see Irvine and Newport Coast as premier global addresses, blending luxury living with long-term security.
What It Means for You
Orange County real estate is more than a transaction. It’s access to pristine beaches, world-class dining, cultural vibrance, and a lifestyle second to none. Whether you’re strolling the sands of Laguna Beach, enjoying oceanfront living in Dana Point, or embracing the cosmopolitan energy of Costa Mesa, owning here means living the dream.
Ready to live the Orange County lifestyle? Explore high-end properties and luxury estates with confidence. Connect with your Surterre real estate specialists today at SurterreProperties.com. From Newport Beach to Newport Coast, Laguna Beach to San Clemente, let us help you find your next extraordinary move. You can also explore our exclusive listings now!
Source: Steven Thomas Real Estate Report August 2025
Orange County Real Estate Market FAQ — August 2025
1) Is now a good time to buy luxury real estate in Orange County?
Yes—if you’re decisive and prepared. Well-presented, turnkey homes in Newport Beach, Laguna Beach, and Newport Coast still draw strong interest, while select listings offer room to negotiate. Get pre-approved, watch new inventory daily, and move fast when the right home appears.
2) Which neighborhoods are trending for high-end properties?
- Newport Beach & Newport Coast: coastal estates, harbor living, gated enclaves.
- Laguna Beach: ocean-view villas, walk-to-beach art district homes.
- Dana Point: resort-adjacent communities and new coastal development.
- San Clemente: bluff-top and golf-course estates with a laid-back vibe.
- Irvine: new-construction luxury, top schools, master-planned convenience.
- Costa Mesa: design-forward homes near world-class shopping and dining.
3) How competitive are turnkey homes right now?
Very. Move-in-ready properties with modern finishes and prime locations often receive multiple offers. To compete, use strong terms, limit contingencies where prudent, and align with a local expert who knows the micro-markets.
4) What defines “luxury estates” in Orange County?
Think architecturally significant design, premium materials, privacy, and lifestyle amenities—views, pools, wellness spaces, smart-home tech, and proximity to beaches, marinas, golf, and dining. Neighborhood cachet and lot/site orientation matter just as much as square footage.
5) I’m a local buyer—what’s my best strategy?
Leverage neighborhood knowledge and timing. Monitor price reductions, focus on homes with long days on market for negotiation potential, and be ready to act quickly when a standout listing in your target pocket hits.
6) I’m relocating from out of state—where should I start?
Begin with lifestyle fit. Beachfront energy? Try Laguna Beach or Dana Point. Family-centric with top schools? Explore Irvine. Chic, central living near luxury retail and dining? Consider Costa Mesa and Newport Beach. A Surterre specialist can curate a short-list before your visit.
7) I’m an international buyer—can I purchase without U.S. residency?
Yes. Many international clients acquire Orange County real estate through cash or specialized financing, supported by legal and tax advisors. Our team coordinates introductions and a seamless cross-border process.
8) How do mortgage rates impact high-end properties?
Improved rates boost demand across the spectrum, but luxury markets also react to lifestyle drivers and cash liquidity. When rates ease, premium inventory in Newport Coast, Laguna Beach, and San Clemente typically sees faster activity.
9) What helps sellers command top dollar today?
Pricing precisely, professional staging, pre-list inspections, and elevated marketing—film, twilight photography, floor plans, and global exposure. Present a turnkey experience to capture premium offers quickly.
10) How do I get exclusive access to off-market and coming-soon homes?
Partner with a brokerage deeply networked in the luxury segment. Surterre unlocks private previews and confidential opportunities across Newport Beach, Laguna Beach, Dana Point, San Clemente, Costa Mesa, Irvine, and Newport Coast.
Next step: Elevate your search or sale with a tailored strategy. Connect with your local Surterre real estate specialists today at SurterreProperties.com.
