The Santa Clarita housing market is down for the time being

    market_activityThe Paris 911 team at RE/MAX of Santa Clarita presents our market updates reports for October 7, 2013.

    The first report that you’re going to see is for Acton California. Acton consists of single-family residences and very few condominiums and townhomes.

    For this week the median list price and acting California is $450,000.

    Inventory is tightening, and days on market are falling in Acton, but demand as measured by the market action index is also trending down. The market is not giving strong up or down signals from these data points. As far as supply and demand, Acton California home sales continue to outstrip supply and the market action index has been moving higher for several weeks.

    This is still definitely a sellers market in Acton California, so watch for the upward pricing pressure, in the near future, if the trend continues.

    The Canyon Country real estate market for Monday, October 7, 2013, is as follows:

    The median list price in Canyon Country this week is $239,900. Inventory has been tightening lately in the market action index has been trending up in Canyon Country California.

    FYI, these are mildly positive indications for the Canyon country market.

    Supply and demand indicates that home sales continue to outstrip supply and the market action index has been moving higher for several weeks.

    This is a sellers market so watch for upward pricing pressure in the near future if the trend continues. The market action index answers the question of how is the market? It does this by measuring the current rate of sale versus the amount of inventory. An index above 30 in Canyon Country California, implies sellers market conditions and below 30 conditions favor the buyer.

    Castaic California real estate Intel for Monday, October 7, 2013, this is for single-family homes and residences looking at a flat price trend pricing out at $435,000, the average price per square foot is $239, and the average days on market are 77 which is a downward trend.

    Inventory is tightening in Castaic California, and days on market are falling, the market action index shows demand is heating up for Castaic.

    Moving into percent to be listed with properties in Castaic that have had a reset of their days on market, we do not have enough information to supply those figures because there haven’t been a lot of properties that have actually fallen often been put back on the Castaic real estate market.

    As far as the investors on a Castaic world, they still are at work, but in smaller numbers.

    The median house square footage that we have looked at for purposes of this report is 1861 ft.².

    The media lot sizes 4501 ft.² to 6500 ft.².

    The median number of bedrooms and bathrooms are both three, respectively. And of course we are still totally within a sellers real estate market, although that trend is starting to shift.

    For the compilation of the rest of the Santa Clarita Valley Cities – please click on any one of the following real estate reports.

    We are the local real estate agents in the Santa Clarita, and if you want more intel – make sure you tune into our Santa Clarita Daily Show by heading to the Top Santa Clarita real estate website and type the word “Daily” into the MacBoX.

    Complete Acton Real Estate housing market report

    Complete Valencia CA housing market update

    Complete Stevenson Ranch housing market update

    Complete Saugus California housing market report

    Complete Santa Clarita Housing market Report

    Complete Newhall Housing Market Report

    Complete Castaic real estate housing market report

    Complete Canyon Country Housing Market Report

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    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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