You will see that “lacking inventory”, does a great job at increasing the prices in most communities. The Supply and Demand scenario is seemingly present in the Santa Clarita Valley markets today.
525 active listings currently for sale in all of the Santa Clarita Valley cities – Total. That is how many active real estate homes, condo’s and town homes are for sale.
If you look at those that homes that are for sale plus those that are in back up position – we have 746.
One of the things we tell our clients is to be careful of the websites where you can search, but are not a local Realtor resource.
We just completed a slide share presentation about this very topic, built on Haiku Deck and then uploaded.
Love these resources and we hope to see you soon.