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Santa Clarita Number Crunching

By
Real Estate Agent with ChangHomes, in partnership with RE/MAX Select One

From fellow Santa Clarita Realtor and buddy Paul Atkins (per email 11/6/2008):

* Activity (Closed Sales) up 85.7%, September2008 versus 2007

* Pending Home Sales up 148.4%, September 2008 versus 2007

* Homes on Active status Down 36.3%, September 2008 versus 2007

 

All the numbers look good for a recovery in SCV!

 

Current Inventories as of September statistics:

* Stevenson Ranch: 4.6 months inventory

* Valencia: 5.3 months

* Saugus: 4.6 months

* Canyon Country: 5.4 months

* Castaic: 5.6 months

* Newhall: 6.1 months

* Acton/Agua Dulce: 16.8 months

* All of SCV: 5.59 months

 

Except for Acton/Agua Dulce, short sales or REOs account for between 49-66% of Active Properties on the market, based on September numbers.