subject: Santa Ana Homes Market Comparison Report (march 2009 Vs. March 2010) [print this page] We analyze several housing market indicators in order to present an in-depth breakdown of Santa Ana Homes Market comparing March 2009 to March 2010.
Summary of Key Points
Santa Ana Homes for Sale is showing signs of improvement with median sales price climbing up while at the same time houses are selling faster. Sellers received full asking price.
Key Statistics, Santa Ana , CA: Median Sales Price (20.98%), Median Days on Market (-3.02%), and Number of Units Sold (-28.48%), Sales Price to List Price Ratio (Mar 09 99% - Mar 10 98%)
Santa Ana Homes
The city of Santa Ana experienced a 20.98% increase in median sales price from last year going up from $294,139 (March 09) to $355,853 (March 2010). Median days on market data for Santa Ana show that houses are selling faster than March 09. It took 60 days in March 09 for a house to sell and for March 10 that number has gone down to 58 days (a 3.02% improvement). Another important factor to consider is total number of units sold. In the month of March 09, 165 units were sold compared to 118 for March 10 (-28.48% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Santa Ana. SP/LP ratio for March 09 was 99% compared to 98% for March 10.
Lets take a brief look at neighbors Irvine and Aliso Viejo. Irvine Homes featured a 13.01% increase in median sales price ($795,527 March 09 - $899,010 March 10) and Aliso Viejo Homes saw a 6.38% decrease ($614,064 March 09 - $574,867 March 10). Are houses in Irvine and Aliso Viejo selling faster or slower this year? Well, Irvine experienced a 22.66% decrease (66 to 51 days) in median days on market and Aliso Viejo a 62.31% decrease (115 to 44 days). In the units sold category, Irvine sold 34 units more (53.97%) in March 2010 than 09 and Aliso Viejo sold 2 units less (-14.29%) in March 2010 than March 09.
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