With all of the real estate hype in the current Santa Clarita market, it's nice to see real numbers, comparisons and FACT's based housing numbers. We have a system that is rare in the Santa Clarita real estate representation world. We have displayed each of the cities from the Santa Clarita Valley on this page and have publicized their complete market updates below.
You can view each of the reports in their entirety. Each one will take you to a PDF that displays the current market data and inventory numbers for the following Santa Clarita Valley Cities: Valencia, Stevenson Ranch, Saugus, Santa Clarita, Newhall, Castaic, Canyon Country and Acton CA. All that is required to view the latest report for the city that interests you - is for you to choose the correct heading and click through twice.
We will give a Video Presentation for the City of Valencia CA and the Single Family Residences that are within that community of the Santa Clarita Valley.
Here is the scoop for Valencia CA:
This Week in Valencia CA - the median sales price has increased to $445k. There have been 93 properties on the market for sale an average of 115 days. Average listing price in Valencia CA - Single Family Residences is $470,981. That equates out to a price of $206 dollars per square foot. We also have to reiterate the Days on Market of 115. That time frame seems awfully long with the current real estate market being so constrictive in nature.
People are wanting to know if this long time frame is because people have having hard times obtaining loans on real estate? That is not the case - it is because of the Short Sale inventory and the longer than normal "negotiating" times - especially around the holiday season.
Looking at the real estate that is currently on the market for sale in Valencia CA - that number is 93 homes being left active and for sale. In a healthier market - this number averages out to be almost a 1/2 higher. Today, a majority of the real estate inventory in Valencia CA is mixed between single family residences, condo's and town-homes with the sales types being a majority Short Sale in nature.
When Standard Sales enter the re-sale market, multiple offers are received quickly. Typically they go out with Conventional buyers or Cash Buyers waiting in the wings. Hang in there, if you are considering buying or selling a home. Make sure you take our advice when it comes to doing recon on your real estate agent before signing with them. I quoted Bill Gassett below, on Google Plus this AM, when he commented that people do more research when buying a Flat-screen TV than they do when hiring a real estate agent. Sad but True - do your research!!!
The funny thing is that when you are looking around on-line, you are going to run into some "Real Estate Clowns", as my Friend Bill Gassett talks about. They come in many shapes, sizes and forms - they are going to tell(sell) you things that are going to create a reaction. By Example, "There is no better time to buy a house than now!" Or "Considering Selling you home, you need to do it now..."
And I thought those games were a thing of the past with the advent of exposing Real Estate's "Man Behind the curtain!!" However, sad but true. They are alive and well - do a little bit of Googling to see.
Ah - there is nothing like backing up any "opinion" with market data. The actual data streamed from the local Board of Realtors. Below is that data - Enjoy and let us know when you are ready to MOVE!