Santa Ana Market Report (SDMLS computed), June 2025: Sales Decline, Benchmark Price Settles at $750,000

Santa Ana Market Report (SDMLS computed) — June 2025

Santa Ana's housing market experienced a notable shift in June 2025, with the composite benchmark price settling at $750,000. Total sales activity significantly decreased to 25 transactions, a sharp decline from the 71 sales recorded in May 2025. The market is currently characterized as balanced, despite the reduction in sales volume.

Market Analysis

June 2025 saw the Santa Ana housing market adjust, with the composite benchmark price reaching $750,000. This represents a decrease from May 2025's composite benchmark of $815,000. The market is currently described as balanced, reflecting a period of recalibration.

Sales volume experienced a significant contraction, with only 25 total sales recorded in June 2025. This marks a substantial drop from the 71 sales observed in the prior month of May 2025. The absence of new listings further indicates a constrained supply environment, which, coupled with reduced sales, contributes to the balanced market condition.

The sharp decline in sales activity, despite the market being balanced, suggests a cautious approach from both buyers and sellers. The lack of new listings could be a contributing factor to the reduced transaction volume, as potential buyers have fewer options, while sellers may be holding off.

Property Type Analysis

Detached homes continued to command the highest benchmark price in June 2025, reaching $1,069,500, and accounted for 12 of the 25 total sales. The attached/townhouse segment recorded a benchmark price of $720,000 with 5 sales.

The apartment segment, with a benchmark price of $515,000, saw 8 sales, indicating continued demand for more affordably priced options within the Santa Ana market. The distribution of sales across property types suggests varied activity, with detached homes still leading in both price and volume among the specific categories.

Regional Highlights

The Santa Ana market, as compiled from MLS data by this publication, reflects a period of adjustment in June 2025. The overall market condition is balanced, a notable shift from previous periods of potentially higher activity. This balance suggests that neither buyers nor sellers hold a significant advantage, creating a more level playing field.

The substantial reduction in total sales from 71 in May to 25 in June, alongside a decrease in the composite benchmark price, indicates a broader trend of market cooling or stabilization within the region. This trend is further underscored by the complete absence of new listings during the month, suggesting a tightening of available inventory.

For Buyers

For buyers, the balanced market condition and price adjustments present an opportunity for careful consideration. With the composite benchmark price at $750,000, and a significant drop in sales volume, buyers may find less competition than in previous months. It is crucial to work with a local real estate professional to identify available properties and negotiate effectively, especially given the current lack of new listings.

For Sellers

Sellers in the Santa Ana market should recognize the shift towards a balanced environment and the decrease in sales activity. The absence of new listings could mean less competition for existing inventory, but the overall reduction in transactions suggests that properties may take longer to sell. Pricing strategically and ensuring properties are market-ready are paramount to attracting serious buyers in this adjusted market.