The real estate market in Southern California has seen a significant downturn, with condo sales reaching historic lows. According to a report published by the Orange County Register on July 31, 2026, only 41,300 Southern California condos were sold over the past year ending in April. This represents a sharp decline from previous years and marks the slowest pace of sales since records began in 2005. [1] [2]
Southern California Condo Sales Reach Historic Low
Southern California condo sales have plummeted to their slowest pace in a decade, according to a report from the Orange County Register.
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Sources agree
- condo sales have declined significantly
Sources differ
- no clear consensus on whether this is due to economic factors or local market conditions