159024 Resource 120085 120144 120144 1171664935795 1171664935795 Controlled Home Sales on the Upswing for 2007

January 2007 Santa Clarita home sales exceed prior year numbers.

Santa Clarita home sales for 2007 are looking much more promising than expected!Here are the numbers comparing January 2007 Santa Clarita home sales with January 2006:<table style="WIDTH: 80%" cellspacing="1" cellpadding="1" align="middle" border="1"><tbody><tr><td></td><td>Jan07</td><td>Jan06</td></tr><tr><td>New Listings</td><td>454</td><td>442</td></tr><tr><td>Total Actives</td><td>1,884</td><td>1,392</td></tr><tr><td>New Escrows</td><td>249</td><td>176</td></tr><tr><td>Closed Escrows</td><td>177</td><td>153</td></tr><tr><td>Average Sales $</td><td>636,348</td><td>685,490</td></tr></tbody></table>These figures are for Santa Clarita detached homes only, so they won't include most condos and townhomes. The biggest change is that the time to sell a home has increased over last year, with homes now taking over 90 to sell on average. Sellers will need to remain a bit more patient to get their homes sold, and they're going to need to take a closer look at pricing according to the local comparable sales rather than what they'd like to walk away with. We're still seeing a lot of homes being listed at inflated prices, and then they end up sitting on the market for several months unsold.Another bonus is that interest rates still remain below 6%, so many buyers will still qualify for the funding that they need to purchase a new home.Remember that the hottest selling season of the year is rapidly approaching! If you're thinking of selling your home, <a title="Santa Clarita Home Value" href="http://www.appraiseahome.com/addLeads.asp?Customerid=1429" target="_blank">click here</a> to get instant comparable sales data. 10 application/xml false active listings closed escrows comparable sales detached homes new escrows new listings santa clarita homes santa clarita real estate selling season January home sales have been better than expected in Santa Clarita. Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.0.3705; .NET CLR 1.1.4322; Media Center PC 3.1) 127.0.0.1 127.0.0.1 lslocum false true false false true 181698 false false true false false false true 120085 blog blogsite/SantaClaritaRealEstate/web