When it comes to real estate and the local market updates, we do our market updates weekly.
One of the things I’d point out this week is we still appear as being flat in all of the local Santa Clarita real estate markets.
Without exception, we have been plagued with overpriced real estate listings and buyers that are still experiencing the fallout of the “investor rush” last year – summer and fall of 2013.
This still has a lot of the real estate buyers on the fence and we should see some more relaxation in prices within the coming months.
However, if buyer demand still remains high – the sellers will continue to be able to demand the real estate prices they have been accustomed in getting.
All the Single Family Homes and Residences are exhibiting a Flat Trend when it comes to prices and sales prices. There is one exception, however – Newhall has gotten a double down arrow dip this week.
No need to panic – we need at least three months to give an accurate opinion as to what type of market we are within and which type we are transitioning to…
One of the things that we do with our Santa Clarita real estate sellers and buyers, is request they attend our crash course on Santa Clarita real estate.
This is either held in our offices, or at their specific residence.
Just type in the words “crash course” into the MacBoX at the Top real estate website for Santa Clarita Valley Cities.
Granada Hills, Northridge and Sylmar Single Family Homes
Single Family Homes – Santa Clarita Cities Update