We have covered our other Santa Clarita Valley market and real estate housing reports on our Santa Clarita Housing Market dot com and on Santa Clarita Real Estate Market dot com.
We have broken up our reports by every couple of cities. You will See Castaic and Canyon Country together. With our other site, we placed Acton and Newhall CA.
On our Top Santa Clarita Realtor Blog, we will be placing and speaking about the over all market with Stevenson Ranch and Valencia holding center stage.
During the past several months the local real estate markets have been unimpressive. While prices are continuing to flatten out due to buyers not willing to pay the prices the sellers are demanding on the real estate their agents are selling, we still have a large heaping of buyer activity in the local Markets.
For Example we have had 103 real estate listings sell in the Santa Clarita Valley Cities. This is astounding and beats the week before by 20 homes sold.
Showing signs that we are in a positive market – however, this contradicts the DOM – Days on Market timeframes are increasing, which they are in most of the SCV Cities, and have been for the past several months.
What we are seeing is a slow and bumpy transition from a Sellers Real Estate to a Buyers real estate market.
This transference will be taking place over the next few months. The indicators are increases in Santa Clarita housing inventory, the increase in Days on Market Time Frames and the decrease in asking price per square foot.
Stevenson Ranch Housing Market
This week in Stevenson Ranch California we have been watching the local market and show the median listing price to be $754,500. There are 60 real estate listings currently for sale that have been on the local market for an average of 61 days.
The trend is best measured by the Market Action Index(mai) in Stevenson Ranch California. We have been seeing that days on market and the MAI have been trending downward. Even as more real estate listings enter the Stevenson Ranch housing market – this indicates a positive trend in the Ranch.
In the last few weeks we have seen that the Stevenson Ranch real estate and housing market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low in Stevenson Ranch to keep us in a Sellers Market Zone. Keep updated on our Systems to watch to see if my market opinions are right and we are starting our shift into a Buyers Market.
Additional Resources: View all real estate listings in Stevenson Ranch and get the latest Stats.
Valencia California real estate market
In Valencia California we have been watching the local markets loosen up with the inventory of properties listed. This week we have seen 124 active real estate listings currently on the market for an average of 76 days. We also have been tracking the median listing price in Valencia CA and have that pinned down to $549,900.
We see the local Valencia Housing market starting to cool and prices have recently plateaued. However, we are still knee deep in a sellers real estate zone. It’s a Sellers Market in Valencia. However, we are watching the Market Action Index and will keep you posted to any changes to those variables that would indicate the local Valencia CA housing market making a shift from a Sellers to a Buyers real estate market.
The price per square foot in Valencia CA and median listing price have both been reasonably stagnant. Watch the MAI for persistent changes as a leading indicator before the Valencia CA market moves from these levels.