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October 2026 Luxury Market Update: Orange County & Greater Palm Springs

Orange County and Greater Palm Springs offer two distinct snapshots of Southern California luxury real estate this fall. In the October 2026 reports from The Institute for Luxury Home Marketing, Orange County's single-family luxury market favored sellers, while Greater Palm Springs showed a more balanced relationship between inventory and sales.

These are October editions reporting September 2026 activity. Here is a closer look at the numbers, with complimentary access to both full reports below.

Two luxury markets at a glance

September 2026 single-family data

Orange County

Greater Palm Springs

Luxury benchmark

$1,550,000

$1,200,000

Market classification

Seller's market

Balanced market

Inventory

1,557

281

Sales

503

39

Sales ratio

32%

14%

Median sale price

$2,384,000

$1,645,000

Median days on market

28

89

Median sale-to-list price ratio

98.08%

96.73%

The Institute sets a separate luxury price threshold for each market. These figures describe different groups of properties, rather than a like-for-like comparison of homes.

Orange County: more sales and shorter market times

Orange County recorded 503 luxury single-family sales, compared with 448 in September 2025. Inventory edged down from 1,628 to 1,557, while median days on market fell from 34 to 28.

The median sale price reached $2,384,000, up from $2,150,000 a year earlier. That is a change in the median of homes sold; it does not mean every individual property appreciated by the same amount.

The countywide classification also masks differences between price ranges. The $2.1 million to $2.399 million band had a 47% sales ratio, compared with approximately 3% for homes priced at $13.5 million and above. A property's competitive position deserves a closer look than the overall market label alone.

The Orange County report also includes attached luxury homes, using an $850,000 benchmark. That segment recorded 234 sales, a $1,117,500 median sale price, and 30 median days on market, with a 27% sales ratio.

Greater Palm Springs: a slower pace

Greater Palm Springs recorded 39 luxury single-family sales, down from 61 a year earlier. Inventory also declined, from 406 to 281. The median sale price was $1,645,000, compared with $1,799,000 in September 2025, and median days on market increased from 52 to 89.

Its 14% sales ratio placed the market in The Institute's balanced category. Activity varied within the region's price bands: homes between $1.6 million and $1.849 million recorded 10 sales against 30 properties in inventory, a 33% sales ratio. A balanced regional market can still contain more competitive segments.

Luxury real estate in Redlands: local knowledge, informed service

Perrie Mundy is committed to serving Redlands' finest properties with thoughtful marketing, personal attention, and an informed understanding of the market. Serving Redlands since 1973, she brings more than five decades of experience with the community's distinctive estates, historic residences, and character-filled homes.

Following luxury market data is part of that commitment. Perrie and the Perrie Mundy Group track inventory, sales activity, pricing, and time on market to support informed conversations with buyers and sellers. These Orange County and Greater Palm Springs reports provide regional context; pricing a Redlands home also calls for recent local comparable sales and a close look at the property's individual features.

If you are looking for a luxury real estate agent in Redlands, connect with Perrie Mundy to discuss your property, your priorities, and a marketing approach tailored to your home.

Request your complimentary reports

Explore the price-band breakdowns, home-size comparisons, and 13-month trends in the original reports.

Open the report link and select Request access in Google Drive. We review requests manually; the report will be available after approval. You may be prompted to sign in to a Google account.

Thinking about buying or selling in Redlands?

Call Perrie Mundy at 951-830-9900 for a market report specific to your home and neighborhood.

Source: The Institute for Luxury Home Marketing, October 2026 Orange County and Greater Palm Springs reports, reflecting September 2026 activity. Sales ratio is sales divided by inventory: below 12% is a buyer's market, 12% to below 21% is balanced, and 21% or higher is a seller's market. The reports include active and sold properties and exclude pending properties. This article's commentary is by the Perrie Mundy Group.

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