12 trends to ponder – Orange County Register

A flat level of homebuying in Santa Ana in 2017’s first three months could not keep pace with a countywide sales advance.

How did the local residential real estate market start the year?

Using CoreLogic data, we compared homebuying patterns from January to March from this year and 2016. Here’s 12 things we learned:

1. Sales in Santa Ana were up a tiny amount: 431 residences sold in the past 12 months vs. 428 a year ago.

2. That’s a gain of 0.7 percent vs. a 3.5 percent increase countywide.

3. Neighborhood trends in Santa Ana, starting with ZIP code 92701 — 44 homes sold in the latest period vs. 50 one year ago. That’s a sales loss of 12 percent. Median selling price of $277,250 vs. $290,000 last year, a loss of 4.4 percent.

4. Santa Ana ZIP 92703 — 72 homes sold in the latest period vs. 47 one year ago. That’s a sales gain of 53.2 percent. Median of $470,000 vs. $425,000 last year, a gain of 10.6 percent.

5. Santa Ana ZIP 92704 — 106 homes sold in the latest period vs. 94 one year ago. That’s a sales gain of 12.8 percent. Median of $452,000 vs. $445,000 last year, a gain of 1.6 percent.

6. Santa Ana ZIP 92705 — 83 homes sold in the latest period vs. 102 one year ago. That’s a sales loss of 18.6 percent. Median of $820,000 vs. $811,000 last year, a gain of 1.1 percent.

7. Santa Ana ZIP 92706 — 62 homes sold in the latest period vs. 51 one year ago. That’s a sales gain of 21.6 percent. Median of $618,000 vs. $570,000 last year, a gain of 8.4 percent.

8. Santa Ana ZIP 92707 — 64 homes sold in the latest period vs. 84 one year ago. That’s a sales loss of 23.8 percent. Median of $404,000 vs. $362,000 last year, a gain of 11.6 percent.

9. Countywide by neighborhood, prices rose in 66 of 83 Orange County ZIP codes; sales rose in 50 ZIPs.

10. In Orange County’s 27 least expensive ZIPs — where the highest median home price was $588,000 — 2,423 homes sold, up 5 percent. Sales rose in 70 percent of these ZIPs.

11. In Orange County’s…

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