Santa Ana Homes Market Comparison Report (february 2009 Vs. February 2010)

We analyze several housing market indicators in order to present an in-depth breakdown

of Santa Ana Homes Market comparing February 2009 to February 2010.

Summary of Key Points

Santa Ana Homes for Sale has started showing signs of improvement with median sales price climbing up and sellers receiving asking price for their listings.

Key Statistics, Santa Ana, CA: Median Sales Price (10.71%), Median Days on Market (110.50%), and Number of Units Sold (-34.81%), Sales Price to List Price Ratio (Feb 09 99% - Feb 10 100%).Median sales price increased and sellers received asking price for their listings.

Santa Ana Homes

The city of Santa Ana experienced a 10.71% increase in median sales price from last year going up from $311,400 (Feb. 09) to $344,746 (Feb. 2010). Median days on market data for Santa Ana show that houses are selling slower than Feb 09. It took 27 days in Feb 09 for a house to sell and for Feb 10 that number has gone up to 56 days (a 110.50% deterioration). Another important factor to consider is total number of units sold. In the month of Feb 09, 135 units were sold compared to 88 for Feb 10 (-34.81% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Santa Ana. SP/LP ratio for Feb 09 was 99% compared to 100% for Feb 10.

Lets take a brief look at neighbors Irvine and Aliso Viejo. Irvine Homes featured a 15.54% decrease in median sales price ($1,021,650 Feb 09 - $862,875 Feb 10) and Aliso Viejo Homes saw a 21.42% increase ($468,352 Feb 09 - $568,687 Feb 10). Are houses in Irvine and Aliso Viejo selling faster or slower this year? Irvine experienced a 6.01% increase (65 to 68 days) in median days on market and Aliso Viejo a 71.78% increase (33 to 57 days). In the units sold category, Irvine sold 24 units more (60.00%) in Feb 2010 than 09 and Aliso Viejo sold 5 units more (45.45%) in Feb 2010 than Feb 09.

for viewing the latest market inventory

Homes for sale for MLS Search,

Bank REO / Short Sale Search

Foreclosure Search ( Outside MLS)

Just Listed Properties

Income Properties (1-4 units)

Condo searches

New Construction Homes

In addition you will find comprehensive Lending information on FHA, VA, USDA, and Conventional Loans. There are web pages for each major city in California with loan products specific to the city including City Down Payment assistance offered.

HomeSearchFinder.com provides a Proprietary Affordability Mortgage Calculator. It matches your profile against the programs our lenders offer and instantly communicates the PreQual Mortgage amount and the Purchase price you are eligible for.

by: Shaye P

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