With the first half of the year behind us, June brought fresh insight into how the broader Orange County real estate market is evolving. The latest numbers show a continued rebound in sales activity and steady pricing growth, even as buyers become more discerning and inventory gradually rises.
Let’s take a look at how Orange County overall performed last month, followed by a closer look at three key coastal communities: Newport Beach, Costa Mesa, and Corona del Mar.
Orange County
Closed Sales: 1,693 homes
Closed Sales in June 2024: 1,429 homes
Change in Sales Volume: ⬆️ 18.5%
Median Sales Price: $1,178,819
Median Sales Price in June 2024: $1,114,670
Change in Price: ⬆️ 5.7%
Orange County saw an 18.5% jump in the number of homes sold in June compared to the same time last year—proof that buyer activity remains strong despite higher interest rates. Median prices climbed 5.7% year-over-year, showing that sellers continue to benefit from stable demand and limited supply.
Newport Beach
Closed Sales: 364 homes
Closed Sales in June 2024: 301 homes
Change in Sales Volume: ⬆️ 21%
Average Sales Price: $3,402,446
Change in Price: ⬆️ 4.0%
Newport Beach posted a strong year-over-year gain in closed sales this June, a sign that high-end buyers remain active. While pricing growth was more moderate compared to earlier this year, values continue to trend upward, reinforcing the area’s long-term luxury appeal.
Costa Mesa
Closed Sales: 186 homes
Closed Sales in June 2024: 159 homes
Change in Sales Volume: ⬆️ 17%
Average Sales Price: $1,640,000
Change in Price: ⬆️ 16%
Costa Mesa saw impressive growth in both sales activity and pricing compared to last June. The mid-range market remains highly competitive, with well-priced homes drawing significant interest despite higher borrowing costs.
Corona del Mar
Closed Sales: 13 homes
Closed Sales in June 2024: 11 homes
Change in Sales Volume: ⬆️ 18%
Average Sales Price: $4,100,000
Change in Price: ⬆️ 8.6%
While the number of homes sold in Corona del Mar remains lower in volume compared to larger cities, June brought a solid 18% increase in transactions over the same time last year. Luxury pricing held strong, supported by low inventory and steady demand from well-qualified buyers.
The coastal and countywide numbers in June 2025 delivered a clear message: real estate activity is gaining momentum. Sales rose significantly across Orange County and its coastal enclaves, while prices continued to climb—albeit at a more measured pace. Inventory is slowly increasing, giving buyers more options, but demand for well-priced, well-located homes remains steady. The second half of the year could offer more balance, but for now, sellers still hold a meaningful edge in much of the market.