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We have been watching as the local real estate markets have been straining with the addition of more real estate inventory. You can see that the market is in the process of making a change from a sellers “controlled” market to buyers market. This change will take place over the next several months if buyers activity is not spurred and if we continue with the addition of new inventory. The interesting thing about Canyon Country comes in the way of it’s increases on Days on Market Timeframes. Meaning, It’s taking longer to sell Single Family Homes in Canyon Country California. The additional inventory is potentially the culprit with slower buyer demand. When showing real estate in Castaic, We know for sure that a buyers dollar can go further when compared with some of the other Santa Clarita Valley Cities. With a Price Per Square foot dynamic $242 - We still see that figure less than most of the other Santa Clarita Valley Cities. Castaic is still in a strong sellers market, but is moving toward a Buyers Real Estate market. Newhall California is exhibiting an actual downward price trend as it applies to the Single Family Homes. We see that we also have a increase in Days on Market Time Frames. Meaning, it is taking longer to sell Single Family Homes in Newhall CA as compared with weeks past. We also see the Newhall CA market starting to move from a “Primarily” Sellers real estate market to a Buyers Market. You may be asking where Santa Clarita CA “proper” is. For the purposes of our Single Family Housing Market Reports - This is the area of Saugus CA. Within Saugus - We have flatlined as far as Median Listing Prices are concerned. You can also see that the Price Per Square Foot figure is very attractive to the real estate buyers wanting the larger homes for less money. This market is still moving from A Sellers market to a buyers! You can see that we have had not had much “inventory” added between this week as compared to last week. The Days on Market timeframes have reduced to 69 DOM on average. We also see that on this report, the Median Home Sizes are 3174 square feet in size. The Stevenson Ranch market is feeling the strain of the additional inventory and Buyers slowing down their purchases. This week we see the Median Listing Prices in Valencia CA Flattening out at $575,000. We also deduce from our latest Valencia CA market update report, that Valencia CA is experiencing a Days on Market Time increase. It’s taking longer to sell Valencia CA Single Family Residences. The Sellers market that we are experiencing today is straining and moving slowly toward a Buyers Real Estate Market.
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H O U S I N G M AR K E T R E P O RT S0 7 . 1 4 . 2 0 1 4
S A N TA CL A R I TA VA L L E Y A R E A S - S I N G L E FA M I LY R E S I D E N C E S
www.Paris911.com
Acton California
We have been watching as the localreal estate markets have been
straining with the addition of morereal estate inventory.
You can see that the market is in theprocess of making a change froma sellers “controlled” market to
buyers market.
This change will take place over thenext several months if buyersactivity is not spurred and if
we continue with the addition ofnew inventory.
www.Paris911.com
www.Paris911.com
Canyon Country California
The interesting thing about CanyonCountry comes in the way of it’s
increases on Days on Market Timeframes.
Meaning, It’s taking longer to sellSingle Family Homes in Canyon
Country California.
The additional inventory is potentiallythe culprit with slower buyer demand.
www.Paris911.com
Castaic California
When showing real estate in Castaic,We know for sure that a buyers
dollar can go further when comparedwith some of the other Santa
Clarita Valley Cities.
With a Price Per Square foot dynamic$242 - We still see that figure less
than most of the other Santa Clarita Valley Cities.
Castaic is still in a strong sellers market,but is moving toward a Buyers
Real Estate market.
www.Paris911.com
Newhall California
Newhall California is exhibiting an actualdownward price trend as it applies
to the Single Family Homes.
We see that we also have a increasein Days on Market Time Frames.
Meaning, it is taking longer to sellSingle Family Homes in Newhall
CA as compared with weeks past.
We also see the Newhall CA marketstarting to move from a “Primarily”
Sellers real estate market to aBuyers Market.
www.Paris911.com
Santa Clarita “Saugus”
You may be asking where SantaClarita CA “proper” is. For thepurposes of our Single FamilyHousing Market Reports - This
is the area of Saugus CA.
Within Saugus - We have flatlinedas far as Median Listing Prices areconcerned. You can also see thatthe Price Per Square Foot figure isvery attractive to the real estate
buyers wanting the larger homes forless money.
This market is still moving fromA Sellers market to a buyers!
www.Paris911.com
Stevenson Ranch CA
You can see that we have had nothad much “inventory” added
between this week as compared to last week.
The Days on Market timeframeshave reduced to 69 DOM
on average.
We also see that on this report,the Median Home Sizes are 3174
square feet in size.
The Stevenson Ranch marketis feeling the strain of the additionalinventory and Buyers slowing down
their purchases.
Acton California
www.Paris911.com
This week we see the Median ListingPrices in Valencia CA Flattening out
at $575,000.
We also deduce from our latestValencia CA market update report,that Valencia CA is experiencinga Days on Market Time increase.
It’s taking longer to sell Valencia CA Single Family Residences.
The Sellers market that we areexperiencing today is strainingand moving slowly toward a Buyers Real Estate Market.
D O U B L E C H E C K I N G
• We want to make sure what our clients are buying and or selling is up to the standard they would require.
• That is why the Inspection Phase, for real estate buyers and sellers, is so very important.
• Ask Your Realtor: “What Inspections you should be performing when buying or selling real estate!”
www.Paris911.com
WE ARE TH E PAR IS 911 TE AMRE M AX OF S ANTA CL AR ITA CAL I FORN IA 25101 TH E OL D ROAD, S ANTA CL AR ITA CA , 91381E ACH OFF ICE INDE PE NDE NTLY OWNE D AND OPE RATE D . 661 -400 -1720 CONNOR T. MAC IVOR CABRE # 01238257
W H O W E A R E ?
www.Paris911.com