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Single Family housing market in the Santa Clarita Valley cities - including Acton, Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch, and Valencia CA. The market seems to be leveling off and making a change to a buyers market. However, we are at the very beginning of that "shift". Be safe - get good data and let us know when you are ready.
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SANTA CLARITA HOUSINGREPORTS FOR ALL THE SANTA CLARITA VALLEY CITIES
BY RE/MAX OF VALENCIA CA
THE PARIS911 TEAM
661-513-4620
Single Family
Homes
ACTON CALIFORNIA
• FLAT PRICE TREND IN ACTON CA WITH REGARD TO SINGLE FAMILY HOMES
• PROPERTIES IN ACTON CA HAVE LARGER LOTS AND MOST HAVE LIVESTOCK/HORSES
• HIGH BUYER ACTIVITY
• MARKET STARTING THE SWITCH FROM A SELLERS TO A BUYERS
• MARKET ACTIVITY IS AT AN 8.5 LEVEL ON THE SELLERS ADVANTAGE SIDE
• INCREASE IN PPSF – PRICE PER SQUARE FOOT
Single Family Hom
es
CANYON COUNTRY CALIFORNIA
• UPWARD PRICE TREND IN CASTAIC CA – UP TO $400,000 MEDIAN PRICE LEVELS
• PRICES HAVE INCREASED FROM LAST WEEK COMPARED WITH THE WEEK BEFORE
• HIGH BUYER ACTIVITY IN CANYON COUNTRY CA
• OLDER HOMES WITH SOME NEW DEVELOPMENTS
• TYPICAL BUYER FOR CANYON COUNTRY IS FHA AND VA
Single Family Hom
es
CASTAIC CA PROPER
• FLAT PRICE TREND FOR CASTAIC CA SINGLE FAMILY HOMES
• INCREASE IN PRICE PER SQUARE FOOT
• DAYS ON MARKET HAS REDUCED BECAUSE OF THE CONTINUING DEMAND
• STILL A STRONG SELLERS MARKET DUE TO LACKING INVENTORY
• 18% OF CANYON COUNTRY HOMES HAD PRICE REDUCTIONS
Single Family Hom
es
NEWHALL CALIFORNIA
• FLAT PRICE TREND IN NEWHALL CALIFORNIA
• PPSF – PRICE PER SQUARE FOOT INCREASED TO $234’
• DAYS ON MARKET HAVE INCREASED FOR NEWHALL HOMES
• 32% OF THE LISTINGS HAVE BEEN REDUCED FROM LIST PRICE
• SLIGHT REDUCTION FROM A TOTAL SELLERS MARKET
Single Family Hom
es
SANTA CLARITA “PROPER” CALIFORNIA
• HOMES LISTED IN SANTA CLARITA PROPER ARE BY OUTSIDE AREA AGENTS
• THEY DON’T HAVE A INDIVIDUAL CITY CHOICE
• THEY HAVE TO CHOOSE SANTA CLARITA WHEN THE LISTING IS IN OF THE OTHER SCV CITIES
• UPWARD PRICE TRENDS FOR SANTA CLARITA – ALMOST TO MEDIAN PRICE OF $500K
• SANTA CLARITA PPSF REDUCED AS DID DAYS ON MARKET (DOM)
Single Family Hom
es
SAUGUS CA SINGLE FAMILY HOMES
• SAUGUS CA IS REPORTING A DOWNWARD PRICE TREND FROM LAST WEEK COMPARED WITH THE WEEK BEFORE
• PRICE PER SQUARE FOOT HAS INCREASED
• DAYS ON MARKET HAS DECREASED
• INDICATING A HIGH VOLUME OF REAL ESTATE BUYERS STILL ACTIVE IN SAUGUS CA
• ALSO – THAT BUYERS ARE WILLING TO PAY MORE FOR UPGRADES
Single Family Hom
es
STEVENSON RANCH CA HOMES
• HOMES IN STEVENSON RANCH HAVE CONTINUED THEIR DECLINE
• MEDIAN LIST PRICE IS $749,500
• AVERAGE PRICE PER SQUARE FOOT HAS FLATTENED AT $254
• MEDIAN HOME SIZES ARE LARGER – OVER 3K SQUARE FEET
• HIGH BUYER DEMAND FOR THE STEVENSON RANCH CITIES
Single Family Hom
es
VALENCIA CA SINGLE FAMILY RESIDENCES
• UPWARD PRICE TREND IN VALENCIA CA – FROM LAST WEEK TO THE WEEK BEFORE
• ASKING PRICE PER SQUARE FOOT HAS REDUCED
• 25% OF PROPERTIES LISTED FOR SALE WERE SOLD FOR LESS THAN THEIR ORIGINAL LIST PRICE
• ONLY 6% OF THE PROPERTIES ARE CONSIDERED “FLIPS”
• NUMBERS INDICATE A HIGHER THAN AVERAGE BUYER ACTIVITY IN VALENCIA CA FOR THE SINGLE FAMILY RESIDENCES
Single Family Hom
es
RE/MAX OF SANTA CLARITATHE PARIS911 TEAMLOCAL REALTORS25101 THE OLD ROADSANTA CLARITA CA 91381661-513-4620
CA BRE# 01238257