SCV Real Estate Market - March 2019

Year-to-Year – Single Family Homes**: The number of new listings in the Santa Clarita Valley area increased by 16 percent from March 2018 to March 2019, ending the month with 321 new listings. The total number of active listings increased by 24 percent to 556 total active listings from year-to-year. The average sales price in the SCV area is $653,404. The average sales price in the Santa Clarita Valley area went down 3.5 percent year-to-year. The number of homes sold in March 2018 decreased 6.8 percent from March 2018 to 191 SFR home sales in March 2019.

Santa Clarita Real Estate Market - March 2019

Month-to-Month – Single Family Homes**: The number of new listings in the Santa Clarita Valley area increased by 33 percent from February 2019 to March 2019, ending the month with 321 new listings. The total number of active listings increased by 10% to 556 total active listings. The average sales price in the SCV area is $653,404. The average sales price in the Santa Clarita Valley area went increased 3 percent from February to March. The number of homes sold in March increased 52 percent from February with 191 SFR home sales. March averaged just less than 50 days to sell, a 13 percent decrease from February. March ended with 3 months of inventory, a 25 percent decrease.

Month-to-Month – Condos & Townhomes**: The average sales price in the Santa Clarita Valley area is $392,317. The average sales price around SCV went up 5.7 percent from February to March. The number of home sales jumped over 40 percent in March with 90 sales. Santa Clarita Valley area’s condos & townhomes resale inventory is 153, which decreased 17% from February. The number of new listings in the Santa Clarita Valley area increased by 12 percent from February with 104 new listings in March. March averaged 32 days to sell and ended with less than 2 months of inventory.

SCV Real Estate Market - March 2019

Month-to-Month – Single Family Homes*: The number of new listings in the Santa Clarita Valley area increased by 29 percent from February 2019 to March 2019, ending the month with 338 new listings. The total number of active listings increased by 9% to 625 total active listings. The average sales price in the SCV area is $652,109. The average sales price in the Santa Clarita Valley area dipped 2.5 percent from February to March. The number of homes sold in March jumped over 56 percent from February with 205 SFR home sales in March. In March, days to sell averaged just less than 67 days and ended with nearly 4 months of inventory.

* – 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.