The Santa Clarita Valley Real Estate Update this week

    paris911 team at remax of Valencia CAThe local SCV cities – Acton, Newhall, Castaic, Canyon Country, Saugus, Stevenson Ranch and Valencia California are all indicating they have more inventory for sale and there are also longer days on market timeframes..

    Further Resource:  See the Days on Market Variable Tables for the Santa Clarita Valley

    We have covered our market update reports in detail for both Castaic and Canyon Country CA.

    We see those cities are exhibiting trends that are going to take us from a Sellers real estate market into a Buyers real estate market.

    These trends include flatness of market, increased Days on Market and prices being reduced from list to sale. The final part of this equation shows that homes are more expensive than the current buyers of real estate are willing to pay.

    Santa Clarita Valley Cities Housing reports (cont)

    Acton California Housing Market

    This week in Acton California – we see that the median listing price is $512,000 and this market too is exhibiting a flat price trend – The average listing price in Acton CA is $577,806. We have also been watching an increase of Days on Market for acton California – this week we see it averaging out to be 88.

    When talking about the market – we are seeing, as we did in Castaic and Canyon Country, a weakening market in Acton California.  This is because inventory and the Days on Market in Acton are increasing and have been for some time now.

    Home Sales in Acton California continue to outstrip supply and the Market action index has been moving higher for several weeks. This is also a sellers market still and we should be watching for upward pricing increases if the trend continues.

    Additional Resource:  All Homes and Ranch Properties for sale in Acton California

    Newhall CA Housing Market

    Newhall California in the Single Family Residences market we have been watching similar real estate housing market trends.  These include the inventory increasing as well as the Days on Market Time frames.

    The Median Listing price in Newhall CA this week has been set at $554,000. There are 40 real estate listings that have been on the market for an average of 80 days.

    In Newhall, we see that similar numbers are being shared with the rest of the Santa Clarita Valley Cities. One such variable that is constant throughout the SCV Cities in Inventory being up. Newhall is also in this category. However, this is one of the first cities in this weeks report that is showing a decreased Days on Market Timeframe.

    In Newhall California the over all market conditions are weakening a bit due to the increase of inventory and decrease in asking price per square foot.

    Additional Resource:  All Real Estate for Sale in Newhall CA

    Look to our Santa Clarita Valley real estate report pages for further intel on how the local SCV markets are fairing with regard to real estate.

    We are the Local REMAX of Valencia CA Paris911 Team and are glad to be of service.

    More Resources: View the other Santa Clarita Housing Market Reports

    Here is a Video we put together talking about How not to pay too much for a home – Be safe!

    View Stevenson Ranch Housing market and Valencia CA housing market reports.

    Trackback from your site.

    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.

    2 Responses to “The Santa Clarita Valley Real Estate Update this week”

    Leave a Reply

    Contact Us Now

    Any questions, comments, or feedback

    SCVnest Radio Show (listen now)