Loading

Santa Clarita monthly Real Estate update

The latest compilation of monthly statistics from the Southern Calif. Regional MLS for OCTOBER are in..

The chart below is directly from MLS data as of NOVEMBER 6. It will differ from monthly sales stats shown further below on the photo pages, because these are the stats of homes currently ACTIVE on the market (vs. SOLD stats that follow).

Oct 6, 2018 Stats above. See below for full October CURRENT stats tallied city by city.
The top 30 neighborhoods listed. Of course, higher priced areas take longer to sell.

Here are the stats for SINGLE FAMILY DETACHED HOMES. * Condos / Town Homes are in a separate report due out later this month.

CANYON COUNTRY

44 homes entered the market. (Down from 53)

103 homes on the market. (Down from 116)

Median Asking Price: $589,900 (Up from $559,900)

Median Sold Price: $535,000. (Down from $565,000)

CASTAIC

26 homes entered the market. (Down from 32)

58 homes on the market. (Down from 62)

Median Asking Price:$608,900 (Up from $565,000)

Median Sold Price: $589,000 (Up from $530,000)

Newhall

17 homes entered the market. (Down from 27)

40 homes now on the market. (Down from 46)

Median Asking Price: $699,900 (Up from $695,000)

Median Sold Price: $540,000 (Way Down from $609,000)

Saugus

43 homes entered the market. (Unchanged from 43)

101 homes now on the market. (Down from 102)

Median Asking Price: $649,000 (Up from $630,000)

Median Sold Price: $629,000 (Up from $585,000)

Valencia

45 homes entered the market. (Down from 59)

92 homes on the market. (Down from 114)

Median Asking Price: $679,900 (Up from $665,000)

Median Sold Price: $630,000 (Down from $635,000)

Santa Clarita Totals

The median asking price for single family homes in all of Santa Clarita was $649,900 in Oct., with actual SOLD median prices at $595,000. By the way, median sold Condo prices were $399,000. (up $14,900). Overall, 205 new listings of all home types hit the market, while 175 homes sold. Of those 175 homes, 59% sold at a discount of some type. There were no short sales or foreclosures.

Nearby: San Fernando Valley

By comparison. the median asking price for single family homes in the San Fernando Valley was $720,900. That is substantially down from $790,000. while the median SOLD price for homes there dropped to $630,000 from $670,000. There were 1,601 total active listings in Sept. UP from 1,236 a month earlier.

Buyers Market? Sellers Market?

CURRENT CITY BY CITY STATS - SEPT Vs OCT.

These charts (best viewed on desktop) let you compare the results of a city at a one month interval. You can see trends develop by looking at the numbers from one month to the next... These stats show ACTIVE LISTINGS, not sold listings.

Compare Sept vs. Oct. 11 vs. Nov. 6

Sept 7. More listings than in August and 5 days longer on the market, on avg.
Median asking price down 1.86% citywide while inventory climbs 3.35%
Days on the market continues to grow to 42 from 36

Canyon Country September Vs. October

Days on the market unchanged, while months of inventory for Sept erroneously printed as 6.42. It was actually 2.24 months in Sept with 761 homes sold (not 286).

Castaic Sept vs. October

Big jump in median list price as well as days on market.

Newhall Sept vs. October

HUGE jump in median list price

Saugus Sept. vs. Oct.

Inventory pretty stable, as well as price.

Stevenson Ranch Sept. vs. October

SR inventory reduces a little joining a slight decline in price.

Valencia Sept. vs. October

Days on market up 20%. Inventory temporarily tightens.

If you are thinking of buying or selling a home in the next 3 months, let's have a 10 minute chat over a cup of coffee. I'm buying. Clearly, I am able to tell you about the trends in the market... Just name the date and the time!

Coffee's on me!

If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider.

Credits:

Created with images by qimono - "scale question importance" • insidious_plots - "Coffee for Wesley and I in my new birthday cups! :)"

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.