Santa Ana Real Estate Market Report

Executive Summary

DB
Dan Braun

The Santa Ana, CA real estate market is currently classified as a buyer's market. The MLS composite benchmark price is $933K, up 36.4% year-over-year.

There are currently 219 active listings, representing 109.5 months of inventory. According to Santa Ana Market Report (SDMLS computed), there were 12 sales and 129 new listings in April 2026. Inventory has increased 63.4% compared to last month.

Currently, listings spend an average of 56 days on market and the average price per square foot is $529.

Board Data vs Our Listings

MetricSanta Ana Market Report (SDMLS computed)Our Listings
Benchmark / Median Price$933K$669K
Average Price$933K$840K
Active Listings219219
Detached Benchmark$1.3M$1.3M
Townhouse Benchmark$933K$699K
Apartment Benchmark$430K$513K

Detached properties make up the largest share of the Santa Ana market at 44% of active listings with an average price of $1.3M. Condo listings follow at 50% (avg $513K).

Sales Activity & Absorption

Volume

2
Sold (30d)
62
Sold (90d)
56
Avg DOM
85
New (30d)

Market Signals

29
Price Cuts (30d)
22
New (7d)
67%
Sell-Through
97.1%
List-to-Sale

Santa Ana Market Report (SDMLS computed) reported 12 sales this period, 85 new listings appeared in the past month, 29 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
109.5months
Strong Buyer's Market
Sales-to-New Listings (SNLR)9.3%

New listings outpace demand — buyers have more options.

Sell-Through Rate66.7%
Inventory Change (30d)+63.4%
Site Active Listings219

With 109.5 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg PriceSold (12 mo)
SHADY HOLLOW TOWNHOMES7$340K6
TOWN SQUARE6$330K6
LAKESHORE ADULT CONDOS5$426K8
VILLAGE MEADOWS5$321K
SOUTH COAST SPRINGS5$367K7

Sold figures computed from SDMLS records for the last 12 months, updated continuously from our MLS data feed.

Avg 2 schools nearbyAvg 3 parks nearbyAvg 13 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $669K, 20% down, 25yr amortization
$3,113/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Santa Ana market currently has 219 active listings with a median price of $669K and 109.5 months of inventory.

According to Santa Ana Market Report (SDMLS computed), the composite benchmark price is $933K (+36.4% year-over-year). There were 12 sales recorded

  • High inventory (109.5 months) favors buyers
  • Prices declining (-18.3% in 30 days)
  • Slow-moving market (56 avg days on market)
  • Average price per square foot is $529
  • Sold properties averaged 41 days on market

For Buyers

With more inventory and less competition, buyers in Santa Ana have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 22 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 29 listings have reduced their price in the past 30 days. The current sell-through rate is 67%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily, with board statistics from Santa Ana Market Report (SDMLS computed). Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of June 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.