Today, we discussed the following topics and numbers as they relate to the Valencia – Saugus – Santa Clarita and Stevenson Ranch housing market.
If you want to tune into listen to my Housing Radio broadcast about Santa Clarita Valley – go to HousingRadio.com
Here is the breakdown for the past 24 hours in the SCV Cities within the 661 area code:
- Santa Clarita Valley has 24 new additions to the current housing inventory
- We monitored 9 real estate listings in Santa Clarita Valley which had their prices changed
- and We see that 3 homes fell out of escrow and are now back on the market for sale
Here are those PDF reports which get into the intel we discussed on our real estate and housing radio show.
When you start searching for homes and real estate – make sure the system you are using is connected to the real and actual Boards of Realtors Multiple Listing Service (MLS).
You will be able to use our system at SCVnest.com to search for all of the actual Santa Clarita real estate listings.
As of the time of this posting, our Santa Clarita real estate update, we have 515 active real estate listings in the SCV cities. That put us into a seller’s real estate market 100%. With the sellers holding the cards, when we price their homes, condos and townhomes right, they are not waiting long at all for a Great Offer to come in.
Homes for Sale and Santa Clarita Valley real estate market activity:
90 day trend
5% increase in inventory106 New Listings
52 Sold Listings
It looks like it’s a Seller’s Market
Of the Single-family homes in this area in the last 3 months, 52 homes have sold and 61 are currently on the market.
Plus, 106 new listings came on the market and 52 were sold.
This means there is 3.5 months of inventory in the market today.
A balanced market is defined as having 5 – 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.
MONTHS OF INVENTORY in Santa Clarita Valley: Currently 3.5
Average Asking Price Santa Clarita – Valencia California
90 day trend
$672K For comparable homesMedian for Sale Price $584KMedian Sold Price $557K
Average Days on Market Santa Clarita Valley Cities – Valencia CA
Average days on market for all comparable homes
Some of the Single-family homes in this area have been on the market 474 days while the average time is 46 days.
Homes that sold in the last 3 months have taken up to 211 days while the average time is 52 days. The minimum is 2 days.
Make sure you are getting good real estate advice. When you are ready for my help and assistance – reach out to me here at SCV661.com and I will take great care of you…