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Santa Clarita, CA Real Estate Statistics (October 16, 2008)

By
Real Estate Agent with Intero Real Estate Services

Below are the current statistics for properties in the Santa Clarita Valley area, including Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch and Valencia.

Current Number of Total Available (Active) Listings: 1339
Average # of Days on Market: 103
Current Number Listed with a "Special Condition" (REO/Lender Owned, Short Sale, Notice of Default, Auction, HUD/Govt Owned, Bankruptcy, Probate, Reclocation Company Owned, etc.): 799
New Listings taken in last 30 days: 293

Currently in Escrow: 586

Total Number of Closed Listings in last 30 days: 256
Average # of Days on Market: 56
Average Sales Price/Listing Price: 98%
Average Property: 3.3 bedrooms, 2.75 baths, 1902 sq ft, Listed at $423,938 and sold at $414,311

Closed Listings in last 30 days with a "Special Condition" (REO/Lender Owned, Short Sale, Notice of Default, Auction, HUD/Govt Owned, Bankruptcy, Probate, Reclocation Company Owned, etc.): 172

*Information deemed reliable, but not guaranteed.

As a Realtor® with Dilbeck GMAC Real Estate, I continuously monitor local real estate statistics to keep my clients informed and ahead of the real estate trends.

Please contact me:

  • If you are looking to buy, sell or lease your home in the Santa Clarita or San Fernando valleys.
  • If you are looking to buy, sell or lease your home outside of my areas of service. I can put you in touch with the best Realtor® in your area.
  • If you have any Real Estate questions I can help you answer.

I look forward to speaking with you!

Ravinder Pilson, Realtor®
http://www.ravinderpilson.com/
ravinder.pilson@dilbeck.com
661.219.0160         Office
818.645.7912         Mobile

Show All Comments Sort:
Anonymous
Keith Renno

Hello Ravinder,

Very interesting. It looks like the bad news is that almost 60% of listing are "special condition", but it seems the good news is with 256 sales in September that brings SCV below a 8 month inventory (including Pending and Active). Great post, thanks for the info.

Oct 17, 2008 05:15 AM
#1
Ravinder Pilson
Intero Real Estate Services - Santa Clarita, CA
Intero Real Estate in Santa Clarita, CA

Yes, the number of sales is encouraging. We're definitely headed towards a more "normal" market in that aspect!

Oct 17, 2008 09:46 AM