The Santa Clarita Valley realty market is shifting


    As we watch the current levels of real estate inventory for the Santa Clarita Valley Cities, we are at one of the highest points we Santa Clarita market experts for Real Estatehave had during the past 12 months. Going from under 500 listings to just breaking 700 active listings yesterday.

    One of the items that all of the local Santa Clarita Realtors can attest to is a slow down in the local SCV Realty markets.

    We have seen that the following market conditions exist in the Santa Clarita Valley cities.

    Castaic CA Real estate market

    To start with Castaic CA Real Estate is showing a median price this week of $499,950.  We have had inventory at around 61 listings that they have been on the current Castaic Re-sale market for about 44 days on average.

    The Castaic Market Action Index has been trending down lately and we are seeing the inventory climbing in Castaic – these trends happen to point to a weakening market and the slow shift from a sellers to a buyers real estate market.

    Other Resources:  See all of the Castaic Real Estate listings currently on the market

    Canyon Country Realty Housing Market

    Canyon Country California, located in the Santa Clarita Valley, this week we see the median price flat in CC at $499,900. We have also been tracking 107 real estate listings in Canyon Country that have been on the market for the past 61 days on average.

    The same case applies to Canyon Country CA as we observed in Castaic – Flat market and the Market Action Index has been trending down lately.  This too indicates a weakening market in Canyon Country real estate.

    Further Resources: View all of the Canyon Country realty for sale

    Each of the other Santa Clarita Valley Cities, Newhall, Saugus, Stevenson Ranch and Valencia are showing similar trends.

    Additional Resource: Read about the other Santa Clarita Cities Housing Markets

    View the Stevenson Ranch and Valencia CA real estate market reports! 

     

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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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