We are still lacking real estate inventory. It would take an additional four hundred active units to turn the current market from a sellers market into a buyers market. And that additional real estate inventory would have to happen within a 30 day period.
For now – the real estate market in the Santa Clarita Valley Cities – as you can see by our real estate reports, is still very constrictive. It’s not taking long to sell homes when they are placed onto the market for sale.
There are very few homes that are being flipped. (less than 5%…)
Most Santa Clarita City homes are being bought by the “owner occupant”. Those that want to live in the home for at least the 4.9 year average.
We track the real estate market every single day via our daily Santa Clarita real estate radio show. However, Monday’s are special for us because this is where we break out the reports that we have posted below.
We have the Single Family home reports for the Santa Clarita Valley Cities.
We also break down the market into the Condo and Townhome variety so you are able to glean how those markets are doing.
Get the Reports: Obtain the Santa Clarita Housing reports by email
As prices go up, the condos and townhomes sell at a faster pace than the Single Family Homes due to affordability.