Within the Santa Clarita real estate realm, there is good data and there is bad data.
The bad data consists of information that is compiled in an attempt to mislead you with regard to real estate.
Data that was put together to get you to do something that you were not ready to do.
Kind of like someone running into perfectly fine building and screaming fire when there is no fire.
So – Buyer – Seller – and “The real estate interested” beware when looking at the “online” news for Santa Clarita real estate and housing.
Our data, what we compile every single week, comes directly from the Multiple Listing Services in Southern California. There is no changing or manipulation of the real estate data.
I just compile it – upload it and then talk about on our Santa Clarita Market Update Monday’s real estate radio show.
Santa Clarita real estate market
The median list price in Santa Clarita, CA this week is $535,000. The 124 properties have been on the market for an average of 72 days.
Demand measured by the Market Action Index is increasing and days- on-market is holding steady. With more properties coming available, conditions are mildly positive.
Supply and Demand
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Contact my REMAX of Valencia Realtor Team and Let me know how we may serve you. I’m Connor MacIvor and proud to be of service.