October-2018-santa-clarita-valley-real-estate-market-update

Month-to-Month

Single Family Homes*: The number of new listings in the Santa Clarita Valley area decreased by 15.5 percent from September to October 2018, ending the month with 256 new listings. The total number of active listings decreased by 2.3% to 700 total active listings. The average sales price in the SCV area is $639,643. The average sales price in the Santa Clarita Valley area went down 4 percent from September to October. The number of homes sold in October increased over 6 percent from September to 206 SFR home sales.

Condos & Townhomes**: The average sales price in the Santa Clarita Valley area is $357,820. The average sales price around SCV went down nearly 8 percent from September to October. Santa Clarita Valley area’s condos & townhomes resale inventory is 209, which increased 7% from September. The number of new listings in the Santa Clarita Valley area increased by 10 percent from September with 109 new listings in October 2018.

October-2018-santa-clarita-valley-real-estate-market

Year-to-Year

Single Family Homes**: The number of new listings in the Santa Clarita Valley area increased over 10 percent from October 2017 to October 2018, ending the month with 237 new listings. The total number of active listings increased by almost 12% to 614 total active listings from year-to-year. The average sales price in the SCV area is $643,440. The average sales price in the Santa Clarita Valley area went up 3.2 percent from October 2017 to October 2018. The number of homes sold in October 2018 dropped 11.7 percent from October 2017 to 196 SFR home sales.

* – Santa Clarita Valley area includes: Acton, Agua Dulce, Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch, and Valencia
** – Santa Clarita Valley area includes: Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch, and Valencia

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.