Anaheim Market Update - February 2026

Supply Metrics

Demand Metrics

Showing Activity

Pricing Metrics

Market Timing

Opportunities

• Lightning-fast sales - properties selling in 17 days (-19.0% from the previous period), among the fastest in the market.
• Strong pricing power - getting 100.0% of asking price on average (-0.2%).
• Minimal price reductions - only a 0.5% discount from original to final price (99.5% of original price; -0.5%).
• Increased buyer interest - shows per listing increased 62.5% to 7.8.
• Tight inventory - 2.0 months supply (+5.3%), well below the 6-month balanced market threshold.
• Prices holding relatively steady - median price at $884,000 (-0.3%).

Challenges

• Market cooling signs - new listings at 98 (-16.2%) and pending sales at 54 (-31.6%).
• Lower transaction volume - closed volume at $110,857,200 (-8.6%).
• Slight price softening - average price at $866,072 (-2.9%), a larger decline than the median.

Seller Strategy

• Pricing relative to recent comparable sales can matter more when pending sales are down 31.6%.
• Showing patterns indicate around 7 to 8 showings per listing on average (7.8, +62.5%).
• Typical timing remains fast, with 17 days active in MLS (-19.0%).
• Overpricing can increase the risk of extended market time even in a low-supply environment.
• With new listings down 16.2%, listing activity appears more constrained than earlier periods.

Challenges

• Fast market pace - homes averaged 17 days active in MLS (-19.0%).
• Limited negotiation room - 100.0% of last list price on average (-0.2%).
• More competition per property - shows per listing at 7.8 (+62.5%).
• Tight inventory - 2.0 months supply (+5.3%).
• More shopping before contract - shows to contract at 6.0 (+20.0%).

Opportunities

• Reduced pending activity - pending sales at 54 (-31.6%) indicates softer overall demand than earlier periods.
• Stable median pricing - median sales price at $884,000 (-0.3%).
• Lower transaction volume - closed volume at $110,857,200 (-8.6%).
• Active listings nearly flat - active listings at 174 (-1.1%).

Buyer Strategy

• Given 17 days active in MLS, preparation can help shorten decision timelines.
• List-to-sale metrics suggest offers often align closely with list price (100.0% of last list price).
• Expect multiple showings before finding the right fit, with shows to contract at 6.0 (+20.0%).
• Newer listings can draw attention quickly when shows per listing are elevated (7.8, +62.5%).
• With 2.0 months supply, availability remains limited relative to a balanced market.

February 2026 conditions in Anaheim reflected a low-supply environment alongside softer demand indicators. Inventory remained limited (2.0 months supply, +5.3%) and sale timelines stayed very short (17 days active in MLS, -19.0%), while pending sales (54, -31.6%) and closed volume ($110,857,200, -8.6%) pointed to reduced overall activity. Pricing was relatively steady at the median ($884,000, -0.3%), while the average price ($866,072, -2.9%) moved down more.

The combination of faster market time and higher showing activity (7.8 shows per listing, +62.5%) suggests that well-positioned homes can still attract strong attention, even as broader transaction measures ease. Differences between metrics may indicate that buyer demand is more concentrated in certain listings and price points.