Episode Details
Back to Episodes05/21/2024 - Santa Clarita real estate daily activity.
Description
Connor with Honor here, welcoming you to our latest market update for the Santa Clarita Valley. Let's dive into the latest real estate data to help you make informed decisions.
7-Day Market Watch
Let's start with the latest 7-day market activity:
- Coming Soon: 8
- New Listings: 67
- Price Changes: 51
- Back on Market: 17
- Active Under Contract: 27
- Pending: 59
- Closed: 61
- Expired: 2
- Canceled: 6
- Hold: 13
- Withdrawn: 3
This dynamic market provides plenty of opportunities, whether you're buying or selling.
Total Inventory Breakdown
As of today, here's the breakdown of the total inventory for the Santa Clarita Valley cities:
- Valencia:
- Single Family Homes: 120
- Condos: 85
- Townhomes: 65
- Saugus:
- Single Family Homes: 100
- Condos: 45
- Townhomes: 40
- Canyon Country:
- Single Family Homes: 90
- Condos: 55
- Townhomes: 35
- Newhall:
- Single Family Homes: 75
- Condos: 50
- Townhomes: 30
- Stevenson Ranch:
- Single Family Homes: 60
- Condos: 40
- Townhomes: 25
- Castaic:
- Single Family Homes: 50
- Condos: 30
- Townhomes: 20
This gives us a total of 1,150 active listings across all types in the Santa Clarita Valley.
Price Per Square Foot (PPSF) Comparisons
Let's compare the price per square foot for different types of properties:
- Single Family Homes (Least Expensive)
- Price: $790,000
- Size: 1374 sq. ft.
- PPSF: $574.96
- Condos (Least Expensive)
- Price: $759,000
- Size: 1740 sq. ft.
- PPSF: $436.21
- Townhomes (Least Expensive)
- Price: $724,000
- Size: 1956 sq. ft.
- PPSF: $370.14
These figures show that condos and townhomes offer more space for your dollar compared to single-family homes, which is useful information for budget-conscious buyers.
Least Expensive Homes for Sale by Bedrooms
Here's a look at the least expensive homes currently for sale by bedrooms:
- Single Family Homes:
- 3 Bedrooms:
- Valencia: $792,500 (1429 sq. ft. | $554.58 PPSF)
- Saugus: $699,900 (972 sq. ft. | $720.06 PPSF)
- Canyon Country: $635,000 (1556 sq. ft. | $408.10 PPSF)
- Newhall: $619,999 (1427 sq. ft. | $434.48 PPSF)
- 4 Bedrooms:
- Valencia: $960,000 (2363 sq. ft. | $406.26 PPSF)
- Saugus: $939,999 (1877 sq. ft. | $500.80 PPSF)
- Canyon Country: $1,190,000 (3296 sq. ft. | $361.04 PPSF)
- Newhall: $1,120,000 (3011 sq. ft. | $371.97 PPSF)
- 3 Bedrooms:
- Condos:
- Valencia: $759,000 (1740 sq. ft. | $436.21 PPSF)
- Saugus: $579,000 (850 sq. ft. | $681.18 PPSF)
- Canyon Country: $460,000 (948 sq. ft. | $485.23 PPSF)
- Newhall: $559,900 (1176 sq. ft. | $476.11 PPSF)
- Townhomes:
- Valencia: $724,000 (1956 sq. ft. | $370.14 PPSF)
- Saugus: $875,000 (1717 sq. ft. | $509.61 PPSF)
- Canyon Country: $480,000 (1078 sq. ft. | $445.27 PPSF)
- Newhall: $600,000 (1427 sq. ft. | $420.46 PPSF)
Conclusion
This comprehensive overview highlights the diverse opportunities in the Santa Clarita Valley real estate market. Whether you're looking for a single-family home, condo, or townhome, there's something for everyone. Stay tuned for more updates, and remember, with Connor with Honor, you're always in good hands.
Thank you for