Santa Ana - Week of April 12th, 2015
Single Family Homes
This WeekThe median list price in SANTA ANA, CA this week is $729,000. The 225 properties have been on the market for an average of 96 days.The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market. Supply and DemandThe market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller's zone, it is not surprising that prices have recently resumed their climb. |
Median Price
Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer's zone will be a leading indicator of the price strength subsiding.
Inventory of Properties Listed for Sale
Inventory has been relatively steady around these levels in recent weeks.
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Data Provided by and Copyright Altos Research LLC