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Santa Clarita monthly Real Estate update

The latest compilation of monthly statistics from the Southern Calif. Regional MLS for January 2018 for SINGLE FAMILY DETACHED HOMES. Condos/Town Homes are in a separate report out soon.

CANYON COUNTRY

54 homes entered the market. (Up from 19)

59 homes on the market. (Down from 63)

Median Asking Price: $579,000 (Up from $571,900)

Median Sold Price: $530,000.

CASTAIC

25 homes entered the market. (Up from 7)

33 homes on the market. (Up from 27)

Median Asking Price:$495,000 (Down from $549,000)

Median Sold Price: $610,000 (???)

Newhall

15 homes entered the market. (Up from 10)

29 homes now on the market. (Up from 24)

Median Asking Price: $629,900 (Down from $648,900)

Median Sold Price: $600,000

Saugus

47 homes entered the market. (Up from 29)

49 homes now on the market. (Up from 48)

Median Asking Price: $599,900 (Down from $625,000)

Median Sold Price: $545,000

Valencia

37 homes entered the market. (Up from 20)

40 homes on the market. (Up from 32)

Median Asking Price: $675,000 (Down from $725000)

Median Sold Price: $595,000

The median asking price for single family homes in the San Fernando Valley was $849,900 up from $724,900. while the median SOLD price for homes there was $620,000 up from $585,000 suggesting there are a lot of sellers trying to sell their more expensive homes and getting few takers... For every new home listed, 1.7 homes sold in the SFV..

By comparison, the median asking price for single family homes in all of Santa Clarita is $629,000 (down from $640,000) with actual SOLD median prices at $575,000. That is down from $580,000 in December. By the way, median sold Condo prices were $390,000. Overall 203 new listings of all home types hit the market, up from 284 while 148 homes sold. Homes in the $600-$700k price range sold for an average 4.6% discount off asking price, the largest discount of all mainstream price points. There were 4 short sales and 1 foreclosure.

If you are thinking of buying or selling a home in the next 6 months, let's have a 10 minute chat over a cup of coffee. I'm buying. Just name the date and the time!

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 insidious_plots - "Coffee for Wesley and I in my new birthday cups! :)"

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