Homebuying in Santa Ana in the October-to-December period rose in just three of six ZIP codes as prices increased in five of those neighborhoods.
Using CoreLogic data, we compared recent sales patterns for all residences vs. results the year-ago period. Sales in Santa Ana sales rose as 511 residences were purchased in the latest period vs. 491 a year earlier. That’s a gain of 4.1 percent vs. a decline of 1.3 percent countywide.
Neighborhood trends in Santa Ana for year-end from CoreLogic’s report …
Santa Ana ZIP code 92701 — 60 homes sold vs. 78 a year earlier. That’s a sales loss of 23.1 percent. Median selling price of $360,000 vs. $306,905 last year, a gain of 17.3 percent. That median ranked No. 82 highest out of 83 Orange County ZIPs.
Santa Ana ZIP 92703 — 94 homes sold vs. 53 a year earlier. That’s a sales gain of 77.4 percent. Median of $501,000 vs. $424,936 last year, a gain of 17.9 percent. That median ranked No. 77 highest out of 83.
Santa Ana ZIP 92704 — 122 homes sold vs. 107 a year earlier. That’s a sales gain of 14.0 percent. Median of $540,250 vs. $420,101 last year, a gain of 28.6 percent. That median ranked No. 67 highest out of 83.
Santa Ana ZIP 92705 — 94 homes sold vs. 121 a year earlier. That’s a sales loss of 22.3 percent. Median of $897,500 vs. $761,885 last year, a gain of 17.8 percent. That median ranked No. 17 highest out of 83.
Santa Ana ZIP 92706 — 70 homes sold vs. 60 a year earlier. That’s a sales gain of 16.7 percent. Median of $600,000 vs. $575,264 last year, a gain of 4.3 percent. That median ranked No. 60 highest out of 83.
Santa Ana ZIP 92707 — 71 homes sold vs. 72 a year earlier. That’s a sales loss of 1.4 percent. Median of $410,000 vs. $422,680 last year, a loss of 3 percent. That median ranked No. 81 highest out of 83.
See full-year 2017 CoreLogic results …
Beach ZIPs | North O.C. | South O.C. | Mid-county
From 2017’s fourth quarter, eight countywide trends to ponder:
1. At the neighborhood level, prices were up in 66 of 83 Orange County ZIP codes compared to the previous year.
2. Sales rose in 38 of 83 Orange County ZIPs.
3. Builder sales were 1,544 — up 4.2 percent from a year earlier. Median selling price was $869,000 — up 0.2 percent from a year earlier.
4. In the cheapest third of the county’s market — the 27 least expensive ZIPs, median of $622,500 and below — 2,540 homes sold. That’s down 0.9 percent compared to a year earlier.
5. In the 27 priciest ZIPs — median of $789,050 and higher — 3,236 homes sold. That’s down 0.2 percent.
6. In the 11 Orange County ZIPs with medians above $1 million, sales totaled 720 homes, down 1.9 percent in a year. There were 10 seven-figure ZIPs a year earlier.
7. In the county’s 16 beach-close ZIPs, 1,484 homes sold in the latest period, down 0.6 percent vs. a year earlier.
8. As for relative bargains, there were six ZIPs with medians under $500,000 with total sales of 440 homes. A year earlier, 14 ZIPs had medians under $500,000 with 1,039 sales, or a drop of 58 percent in a year.