Thinking of buying or selling a home in the Santa Clarita Valley? Statistics are one way to take a look at how the real estate market is doing. Looking at the number of homes available for sale per area (or active listings), both for single family homes and condos, gives an overall view of how many homes a buyer can choose from when searching for homes in that area. For sellers, this provides some insight into the competition in your area. Statistics can also show how sales are trending in an area, so look for our post on May 1 for sales trending by area... I'll wait until April figures are complete before posting this data. Will all of these homes be ones that you'd think of buying, after considering price, condition, location, size and floor plans? Likely not... In fact, many of these homes are short sales at come-on prices, which may or may not be accepted by the banks. If you are hoping to get a "deal" on a short sale, patience is a virtue... it can take months for the banks to approve offers and close the deal. When comparing statistics for different areas, be sure to consider the overall characteristics of each area. For example, Castaic shows the fewest number of condos currently for sale, and Castaic also has very few condo developments as compared to other areas within the Santa Clarita Valley. To search for homes in any of these Santa Clarita areas, simply click on the town name in the table below. If you're thinking of buying or selling a home in the Santa Clarita area, click here to search all homes available for sale! |
