Santa Ana is a beautiful city in California, and real estate values and prices here have dropped recently. The city consist of four general neighborhood divisions, and it has a population of nearly three hundred and fifty thousand people. Homes for sale here may differ widely in price, condition, design, and size.

There is a large need for real estate in the state of California and Santa Ana experiences this high demand too. The costs of the homes for sale available in this area are high and they run into the million-dollar level at times. The housing market is diverse and the homes rented out are half of those available here. Residents of this city own forty-eight percent of the homes.

In the few years that have passed, Santa Ana’s real estate market dropped considerably. Even so, the values of real estate properties have stopped getting lower and have now began to stabilize because of the growing economy.

Homes for sale here have a typical value of more than three hundred and fifty thousand dollars, down from a short while ago but still more than double the median value ten years ago.

In Santa Ana, the values of real estate are now on the rise and the homes for sale here may begin to increase in value and market prices once more.

Four large neighborhoods or sections constitute Santa Ana City in California. The values and costs of homes for sale here and other types of real estate are different according to the neighborhood locations of the properties.

The homes for sale in Santa Ana’s Diamond area mainly cost lesser than 1 million dollars, but you will get homes costing a lot more than this amount. The Bristol area in this city has real estate which costs considerably higher for you will get homes costing 500,000 dollars while others reach to the 5 million dollar level or a lot more.

The index that measures the expense of living rates Santa Ana, California as being 22% more costly to reside in than the average cost in the US. Residents of this area earn an average income of about 50,000 dollars and the real estate here differs in many aspects. The real estate here includes rental houses, apartments, condominiums and homes for sale.

The percentage of Santa Ana residents with children is more than forty and this makes the real estate available here to be a ideal choice for people with families. The other benefit of purchasing homes for sale here is that California has moderate and sunny climate throughout the year.

Santa Ana California real estate is popular with buyers wanting to live in Orange County. For information on Santa Maria California real estate click the link.