For those Valencia CA and Santa Clarita CA buyers, this will come as no surprise or shock.
In fact, the real estate sellers are still basking in the lacking inventory within the Santa Clarita Valley Cities.
We have seen a Change of 13% when comparing today’s real estate data to one year ago – April 2014 compared to April 2013.
Regarding Median For Sale versus Median sold prices in Valencia CA we are seeing the median price of for sale properties is up 24% and the median price of sold properties is up 13%. This is when our Paris911 team at REMAX of Valencia compared April of 2013 to April of 2014.
Local Market Updates Santa Clarita Cities
You will notice that the numbers of sold real estate listings are down 4% when we compared April 2014 to April of 2013. However, if you look at the months of February 2014 compared with April 2014, you will see we had one of the lowest “properties sold in Valencia” months in the last year of history related to the Valencia CA real estate market.
Looking at the “under contract” real estate listings – those that have slipped into Back Up or Pending Status, you will see that April was much better than any other month in the past year.
We will want to keep our eyes on this Valencia CA real estate market to see how we will develop over the next few months.