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Santa Clarita monthly Real Estate update

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

The chart directly below is based on ACTIVE MLS data as of January 9. It will differ from monthly sales stats shown further below on the photo pages, because those stats are for SOLD listings.

Jan 9, 2019 Stats above. See below for full December CURRENT stats tallied city by city.

Shown above, Castaic demand has softened further with homes now lasting an average 79 days on the market, up from 48 in October. Stevenson Ranch asking prices shot up from $709 to $749k in November to $779,000 in December..

The top 30 neighborhoods listed.

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

CANYON COUNTRY

23 homes entered the market. (Down from 41)

36 homes sold.

Median Asking Price: $585,000 (Unchanged from $585,000)

Median Sold Price: $555,000. (Up from $515,000)

CASTAIC

7 homes entered the market. (Down from 21)

7 homes sold.

Median Asking Price:$623,000 (Up from $579,000)

Median Sold Price: $475,000 (Down from $490,000)

Newhall

7 homes entered the market. (Down from 13)

19 homes sold.

Median Asking Price: $685,000 (Way Down from $799,000)

Median Sold Price: $650,000 (Up from $550,000)

Saugus

21 homes entered the market. (Down from 37)

27 homes sold.

Median Asking Price: $680,000 (Up from $675,000)

Median Sold Price: $583,500 (Way Up from $545,000)

Valencia

32 homes entered the market. (Down from 37)

35 homes sold.

Median Asking Price: $675,000 (Down from $680,000)

Median Sold Price: $695,000 (Up from $640,000)

Santa Clarita Totals

The median asking price for single family homes in all of Santa Clarita was $669,000 in December with actual SOLD median prices at $600,000. By the way, median sold Condo prices were $363,000. Overall, 204 new listings of all home types hit the market, while 261 homes sold. Of those 261 homes, 64% 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 $789,000. which is up from $768,000. while the median SOLD price for homes there dropped to $669,000. There were 703 new listings, and 936 sold listings

Median list price for ALL homes (condos/townhouses/SFR) in San Fernando Valley: $689,000

Median list price for ALL homes (condos/townhouses/SFR) in Santa Clarita: $604,800

Buyers Market? Sellers Market?

CURRENT CITY BY CITY STATS

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 Oct. 11 vs. Nov. 6 vs. Dec. 10 vs. Jan. 9

October

Median asking price down 1.86% citywide while inventory climbs 3.35%

November

Days on the market continues to grow to 42 from 36

December

Active listings continue seasonal decline, but there are more than a year prior.

January

Median prices continue their climb along with days on the market.

Canyon Country NOW

Days on the market rises, while months of inventory for November DECLINES.

Castaic NOW

Big jump in days on market.

Newhall NOW

Another jump in Days on Market but not months of inventory.

Saugus NOW

Price jumps a bit, but not much else.

Stevenson Ranch NOW

SR inventory reduces a little joining a slight decline in days on market. Price leaps....

Valencia NOW

Keep in mind, all of these numbers can rise and fall by substantial amounts due to small sample sizes at times.

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. Information is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Credits:

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

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