Santa Clarita real estate and Housing Market Update 2016112

    Our Daily real estate show for the Santa Clarita Valley was about the local real estate inventory and our Update for Santa Clarita real estateresources which assist our real estate sellers and buyers.

    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.

    New Homes for Sale in Santa Clarita April 21, 2016

    Price Changes for Santa Clarita real estate April 21, 2016

    Santa Clarita real estate homes falling out of escrow 04-21-2016

    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 inventory
    106 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 homes
    Median for Sale Price $584K
    Median Sold Price $557K
    # Recent Highest Lowest Average
    For Sale 58 04/18/2016 $1,898,000 $399,000 $672,363
    Sold 52 04/20/2016 $1,200,000 $388,000 $591,984

    Average Days on Market Santa Clarita Valley Cities – Valencia CA

    50 days

    Average days on market for all comparable homes

    Avg Days
    on Market
    Total Most Recent Shortest Longest
    For Sale 46 58 04/18/2016 2 474
    Sold 52 52 03/08/2016 1 211

    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…

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.
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