In November, we continued to see a lack of inventory throughout the Santa Clarita real estate market. We saw a 21% decrease in the number of active listings from this time last year with 620 active listings in Nov. 2016, versus 487 in 2017. We also saw a 13% decrease from last month, where there were 563 active listings in October of 2017.
November did see a 16% increase in new listings from 2016, but we still saw a 5% decrease from last month. The decrease in new listings from October is continuing to keep the inventory low throughout the Santa Clarita Valley.