Homebuying in Santa Ana rose 8 percent in 2018’s first three months vs. 2017’s first quarter.
Real estate tracker CoreLogic found these 12 trends in six ZIP codes covered by Santa Ana …
1. Purchases: Home sales in this period totaled 466 vs. 431 a year earlier, a gain of 8 percent in a year.
2. Who’s up: Prices increased in 5 of the 6 ZIPs as sales rose in 5 ZIPs.
3. Countywide: $710,000 median selling price, up 6.4 percent in a year. Orange County sales totaled 7,800 residences, existing and new, vs. 8,041 a year earlier, a decline of 3.0 percent in a year. Prices rose in 67 out of 83 Orange County ZIPs and sales were up in 33 out of 83 ZIPs.
Here is how prices and sales moved at the community level in 2018’s first three months vs. 2017’s first quarter.
4. Santa Ana 92701: $350,000 median, up 14.8 percent in a year. Price rank? 82nd of 83 Orange County ZIPs. Sales of 65 vs. 44 a year earlier, up 47.7 percent in a year.
5. Santa Ana 92703: $531,750 median, up 21.5 percent in a year. Ranks 75th highest of 83. Sales of 79 vs. 72 a year earlier, up 9.7 percent in a year.
6. Santa Ana 92704: $535,000 median, up 5.0 percent in a year. Ranks 72nd highest of 83. Sales of 107 vs. 106 a year earlier, up 0.9 percent in a year.
7. Santa Ana 92705: $915,000 median, up 21.7 percent in a year. Ranks 18th highest of 83. Sales of 87 vs. 83 a year earlier, up 4.8 percent in a year.
8. Santa Ana 92706: $635,000 median, down 1.9 percent in a year. Price rank? 57th of 83 Orange County ZIPs. Sales of 52 vs. 62 a year earlier, a decline of 16.1 percent in a year.
9. Santa Ana 92707: $430,000 median, up 8.5 percent in a year. Price rank? 80th of 83 Orange County ZIPs. Sales of 76 vs. 64 a year earlier, up 18.8 percent in a year.
Let’s toss in three more countywide trends …
10. Single-family homes resales: 4,614 Orange County sales vs. 4,762 a year earlier, a decline of 3.1 vs. a year earlier. Median: $760,000 — a rise of 5.6 percent in a year.
11. Condo resales: 2,097 Orange County sales vs. 2,343 a year earlier, a decline of 10.5 percent in a year. Median: $495,000 — a rise of 4.2 percent in a year.
12. New homes: 1,089 Orange County sales vs. 934 a year earlier, a gain of 16.6 percent in a year. Median: $873,000 — a rise of 0.6 percent in a year.
