Historic lows related to Santa Clarita homes for sale

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    Tracking back on the “active” real estate listings, we see that we have had plenty of times where inventory has been low. However – 2018 has taken pole position related to the lowest amount of active real estate listings for sale.

    When there is adequate home buyer drive in the Santa Clarita Valley cities, we see that lacking inventory creates pressure on those home buyers and create a home seller’s market.

    A sellers real estate market is one in which particular advantages go to the home seller. It could be that the home seller is planning to refuse any request for repairs that the buyer may be intent on making.

    Another option, not continuing to put the horse before the cart, is the home seller may not consider any offers that are financing with less than 20% down payment.

    We view the Santa Clarita real estate market to continue on this path, at least for now. To have excessive inventory would be to switch the home buyers market to have the advantage.

    That time will come and we will keep our Santa Clarita real estate clients updated as to when that will be.

     

    Active Listings, Number of
    Month 2014 2015 2016 2017 2018
    Jan 795 830 737 723 535
    Feb 853 854 820 686 605
    Mar 902 895 900 757
    Apr 948 988 896 809
    May 1004 1007 917 871
    Jun 1097 1089 991 869
    Jul 1131 1104 1020 844
    Aug 1052 1082 1019 861
    Sep 1048 1018 1005 841
    Oct 943 933 928 764
    Nov 864 895 841 670
    Dec 783 738 709 502
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    Time frame is from Jan 2014 to Feb 2018

    Property Type is ‘Residential’
    City is one of ‘Acton’, ‘Agua Dulce’, ‘Canyon Country’, ‘Castaic’, ‘Newhall’, ‘Saugus’, ‘Stevenson Ranch’, ‘Valencia’
    Results calculated from approximately 16,000 listings
    Active Listings, $ Volume
    Month 2014 2015 2016 2017 2018
    Jan $431,455,666 $471,505,199 $445,723,908 $462,127,167 $361,713,292
    Feb $464,409,680 $485,239,780 $487,433,456 $449,912,751 $412,196,561
    Mar $490,551,781 $510,423,183 $542,733,723 $493,297,326
    Apr $515,333,573 $575,528,558 $559,943,949 $539,878,810
    May $553,936,623 $566,194,207 $571,676,573 $581,974,242
    Jun $610,841,619 $612,538,744 $622,559,476 $575,644,936
    Jul $618,816,289 $638,203,700 $632,689,124 $565,461,154
    Aug $573,828,649 $618,350,069 $633,280,151 $563,380,612
    Sep $582,655,455 $588,896,033 $624,694,575 $550,878,562
    Oct $507,310,489 $564,676,721 $589,369,452 $514,501,241
    Nov $467,763,067 $539,089,954 $528,858,927 $456,163,008
    Dec $419,459,679 $446,437,100 $443,703,130 $353,131,537
    Export as CSV

    Time frame is from Jan 2014 to Feb 2018

    Property Type is ‘Residential’
    City is one of ‘Acton’, ‘Agua Dulce’, ‘Canyon Country’, ‘Castaic’, ‘Newhall’, ‘Saugus’, ‘Stevenson Ranch’, ‘Valencia’
    Results calculated from approximately 16,000 listings

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    Connor MacIvor

    Top REMAX Realtors in the Santa Clarita - Valencia and Greater Los Angeles areas. Local Real estate agents specializing in buyer and seller consultation and representation.

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