Stock Market on the Rise, Home Sales are Stagnant

Real Estate Agent with Summit Real Estate Group BRE# 01215778

Family, Friends, Clients and all,

The stock market remains on fire while the real estate market seems to have run out of gas. Home prices have levelled off and price reductions are running rampant. The Santa Clarita Valley is made up of six areas which include Valencia, Stevenson Ranch, Saugus, Castaic, Newhall and Canyon Country. The entire valley currently has 635 active listings of which is made up of 475 single family homes. Only 22 of these single-family homes are price below $500,000. Valencia has one single family home and Stevenson Ranch none priced below $500,000. The highest price home in our valley is located in the Valencia Westridge community and it is price at $4,000,000.

This month we are going to key on the Creekside community. The community is one of the newest and best located within Valencia. There is no mello roos on these homes which is quite rare for homes built this century in our valley. The community is adjacent to the man-made lake community of Bridgeport, next to Heritage park and behind Valencia High School and The Paseo Tennis and Swim Club. The distance to the mall is just one mile. Would you like to learn more about this and other communities give us a call. We have lived in this community since 1980. No one knows and loves our community more than us.

Take a look at the current active listings in Valencia's Creekside Community.

Take a look at our newest listing, an incredible 4-bedroom home in Valencia West Creek. This 1,960 square foot gem is only $529,950

Dani and I have been busy once again bring you our Labor Day Events, Activities and Things to do page for 2019 We hope this is a benefit for you and your family. Please share our information with those you care about. Let us know if you have questions or need our help selling, buying, investing or repairing a home. We get by giving.

Presented by your Friends & Realtor,

Tony & Dani Lewis RE/MAX of Valencia

Selling or Buying a home? > Call or Text us at 661-510-7975

Comments (2)

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Hi Tony Lewis. Sorry to hear about your market.  Hopefully  things will change soon.  The Arizona market is booming with a shortage of homes. Why? We have 6,000 people moving to Maricopa County per month (Phoenix metro). Fastest growing in the US. Employment situation is strong. Reasonable taxes, easy regulations in general especially for business start ups, clean air and land available. Most of the incoming are from California where buyers can afford homes and still only 360 miles to San Diego and the beaches. Jeff 

Jul 29, 2019 12:47 PM
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Tony, our market is still on fire except the inventories are way down.

Sep 30, 2019 02:45 PM