We have just gotten the local Santa Clarita valley real estate markets compiled for your viewing pleasure.
Before I get into the current real estate and market dynamics for the Santa Clarita Valley cities, let me let you in on the location of our Report Generator for the SCV Cities, Granada Hills and Northridge California.
If you happen to run into our MacBoX resource, posted on the main page of the Top SCV Realty Website, you can also type in the word “reports” into it without the quotes to obtain our Housing Market Reports for Santa Clarita Cities, Northridge and Granada Hills.
Not much of a show stopper this week, but we see the real estate world in the Santa Clarita Valley cities, including Northridge and Granada Hills suffering from buyers having been “priced out” of the local market during the past 14 months.
Not all buyers, but some are now having to “sacrifice” and buy less of a home than they expected.
We are also watching as more and more inventory is causing an increase in Days on Market Time frames. Meaning, it’s taking longer for real estate listings to sell, for the most part.
However, we are still in a Sellers Market and when a property is listed for FMV – Fair Market Value, and placed onto the market, with all the advertisements and marketing staged and ready, it gets multiple offers within a few days.
The following applies to Single Family Homes and their housing market activity within the Santa Clarita Valley Cities:
Canyon Country Housing Report
The median listing price in Canyon Country California this week was $228,450. Related to the current Single Family housing inventory in Canyon Country CA, we have 54 real estate listings that have an average Days on Market (dom) of 60 days and that is increasing.
The Canyon Country Single Family residence market has been cooling off consistently for several weeks, as more real estate listings are available and apparent demand for Canyon Country homes is lessening.
These trends are having an impact on the current real estate prices in Canyon Country CA, they are decreasing as a result.
Real Estate Radio Show – Tune in!
For further market information related to the other Santa Clarita Valley cities, please check out our Real Estate Radio Show for Santa Clarita Valley cities and the real estate therein.
You can find our daily show at our Main Page for Santa Clarita real estate at Paris911 dot com.
Our radio show is also syndicated on iTunes and Stitcher Radio – Search for Paris911 to listen to all of our shows, current and past!