City of Orange Market Insight: 1–2 Bedroom Condos

The condo market in the City of Orange remains one of the most accessible and in-demand segments of local real estate. With consistent activity across 1–2 bedroom floorplans, this market continues to serve first-time buyers, downsizers, and investors alike. Here’s the latest insight based on active listings, homes in escrow, and recent sales.

Active Listings (13 Homes Total)

1-Bedroom Condos

Prices range from $431,000 to $470,000, with price per sq ft typically landing between $680–$720/sq ft. Days on market vary widely, with most activity occurring below the $500K mark.

2-Bedroom Condos

Current list prices range from $505,000 to $950,000, reflecting differences in square footage, amenities, and age of the community. Average price per sq ft sits in the $530–$680 range.

INSIGHT:
The strongest attention is on homes priced between $500K and $650K, especially those with interior updates, in-unit laundry, or garage parking.

Active Under Contract (AUC + Pending = 6 Homes)

Homes currently in escrow are priced between $489,990 and $649,000, with average price per sq ft falling between $560–$660. Most went under contract in roughly 25–60 days, with some longer-marketed properties finding the right buyer after adjustments.

INSIGHT:
This confirms consistent buyer demand, particularly for 2-bedroom units with modern features or a turnkey presentation.

Recently Sold (10 Homes)

1-Bedroom Sales

Sold prices: $409,000–$540,000
Avg DOM: 10–38 days

2-Bedroom Sales

Sold prices: $505,000–$825,000
Avg DOM: 9–63 days

INSIGHT:
Many condos in this category are selling within 2–6 weeks, and updated units or well-located communities can still achieve premium pricing.

What This Means for Orange Condo Owners

• Buyer demand is active and steady.

• Well-priced condos — especially updated 2-bedroom units — are attracting qualified buyers quickly.

• Pricing too high initially often leads to longer market time and eventual reductions.

• Inventory is healthy, giving buyers more choices, but competitively priced homes still stand out immediately.

If you’d like to talk about what this activity means for your property or your HOA community, I’m always here as a resource.
And if you’re considering a move, I can provide insights for any other areas you’d like to explore — just let me know what’s on your radar.

Patti Gregory Realtor
Haven Realty Group
Your Partner in Success

714.398.1998
REAL Brokerage
DRE 01182154