Orange Market Report (SDMLS computed): April 2026 Benchmark Price Dips Monthly, Sales Surge Year-over-Year

Orange Market Report (SDMLS computed) — April 2026

The Orange Market Report (SDMLS computed) for April 2026 indicates a composite benchmark price of $1,150,000, reflecting an 8% decrease from March 2026 but a 7.58% increase compared to April 2025. Total sales reached 62, a significant 148% year-over-year increase, with the market maintaining a sellers' condition.

Market Analysis

The Orange market in April 2026 continues to favor sellers, characterized by a Sales to New Listings Ratio (SNLR) of 80.5%. The composite benchmark price stands at $1,150,000. This represents an $100,000 decrease from the prior month's benchmark of $1,250,000, yet it marks an $81,000 increase compared to April 2025's benchmark of $1,069,000.

Total sales for April 2026 were 62, a decline from March 2026's 83 sales. However, this figure represents a substantial 148% increase over the 25 sales recorded in April 2025, indicating robust annual growth in transaction activity. With 77 new listings entering the market, demand continues to outpace new supply, reinforcing the sellers' market conditions.

Property Type Analysis

Detached properties continue to lead the market in price, with a benchmark of $1,338,000 and accounting for 40 of the 62 total sales in April 2026. This segment remains the most active and highest-valued property type. Attached/townhouse properties recorded a benchmark price of $777,000 with 8 sales, while apartments saw a benchmark of $652,500 from 12 sales.

The significant price difference between detached homes and other property types highlights varying entry points within the Orange market. While detached homes command premium prices and transaction volumes, attached/townhouse and apartment segments offer more accessible price points, contributing to the overall market activity.

Regional Highlights

The Orange market's strong SNLR of 80.5% suggests sustained buyer interest despite the monthly dip in the composite benchmark price. This dynamic indicates that properties are moving quickly once listed, particularly given the 77 new listings in April 2026. The substantial year-over-year increase in total sales points to a resilient market with growing transaction volumes compared to the prior year.

The current sellers' market condition, driven by strong demand relative to new supply, influences pricing strategies and negotiation dynamics across the region. While the monthly price adjustment suggests some market rebalancing, the overall trend from the prior year indicates appreciation and sustained activity.

For Buyers

In a sellers' market, buyers should be prepared for competitive conditions and act decisively. Securing pre-approval for financing is crucial, and working with an experienced agent can help navigate multiple offer situations. Flexibility on property features and location may also be beneficial to secure a desired home.

For Sellers

Sellers benefit from the current market dynamics, with strong demand and a high SNLR. Pricing strategically to attract multiple offers and presenting homes in optimal condition can maximize returns. While the market favors sellers, understanding recent price adjustments and local competition is key to a successful sale.