H O U S I N G M AR K E T R E P O RT S0 7 . 1 4 . 2 0 1 4
S A N TA CL A R I TA VA L L E Y A R E A S - S I N G L E FA M I LY R E S I D E N C E S
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Acton California
We have been watching as the localreal estate markets have been
straining with the addition of morereal estate inventory.
You can see that the market is in theprocess of making a change froma sellers “controlled” market to
buyers market.
This change will take place over thenext several months if buyersactivity is not spurred and if
we continue with the addition ofnew inventory.
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Canyon Country California
The interesting thing about CanyonCountry comes in the way of it’s
increases on Days on Market Timeframes.
Meaning, It’s taking longer to sellSingle Family Homes in Canyon
Country California.
The additional inventory is potentiallythe culprit with slower buyer demand.
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Castaic California
When showing real estate in Castaic,We know for sure that a buyers
dollar can go further when comparedwith some of the other Santa
Clarita Valley Cities.
With a Price Per Square foot dynamic$242 - We still see that figure less
than most of the other Santa Clarita Valley Cities.
Castaic is still in a strong sellers market,but is moving toward a Buyers
Real Estate market.
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Newhall California
Newhall California is exhibiting an actualdownward price trend as it applies
to the Single Family Homes.
We see that we also have a increasein Days on Market Time Frames.
Meaning, it is taking longer to sellSingle Family Homes in Newhall
CA as compared with weeks past.
We also see the Newhall CA marketstarting to move from a “Primarily”
Sellers real estate market to aBuyers Market.
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Santa Clarita “Saugus”
You may be asking where SantaClarita CA “proper” is. For thepurposes of our Single FamilyHousing Market Reports - This
is the area of Saugus CA.
Within Saugus - We have flatlinedas far as Median Listing Prices areconcerned. You can also see thatthe Price Per Square Foot figure isvery attractive to the real estate
buyers wanting the larger homes forless money.
This market is still moving fromA Sellers market to a buyers!
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Stevenson Ranch CA
You can see that we have had nothad much “inventory” added
between this week as compared to last week.
The Days on Market timeframeshave reduced to 69 DOM
on average.
We also see that on this report,the Median Home Sizes are 3174
square feet in size.
The Stevenson Ranch marketis feeling the strain of the additionalinventory and Buyers slowing down
their purchases.
Acton California
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This week we see the Median ListingPrices in Valencia CA Flattening out
at $575,000.
We also deduce from our latestValencia CA market update report,that Valencia CA is experiencinga Days on Market Time increase.
It’s taking longer to sell Valencia CA Single Family Residences.
The Sellers market that we areexperiencing today is strainingand moving slowly toward a Buyers Real Estate Market.
D O U B L E C H E C K I N G
• We want to make sure what our clients are buying and or selling is up to the standard they would require.
• That is why the Inspection Phase, for real estate buyers and sellers, is so very important.
• Ask Your Realtor: “What Inspections you should be performing when buying or selling real estate!”
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