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The Paul Atkins Real Estate Update
July 2018

By July 1, 2018 No Comments

Santa Clarita Real Estate Market by the #’s

(included Stevenson Ranch excluded Acton & Agua Dulce)

A balanced market = neither a seller or buyer advantage is defined as 180 days worth of inventory.

The perception of most people is that our Real Estate Market is “red hot” That is partly true, this report should put market conditions into perspective for you. Many factors come into play to create the Market conditions. Market conditions vary from area to area, price ranges, condition of the property. I have calculated days worth of inventory at 2018 YTD consumption rate in $100,000 increments for each area..

NOTE: in some areas & price ranges “IF” we had inventory available the consumption rate would be

Stevenson Ranch

•$300,000 to $400,000 = 50 days worth of active inventory

• $400,001 to $500,000 = 18 days worth of inventory

• $500,001 to $600,000 = 0 days worth of inventory

• $600,001 to $700,000 = 50 days worth of inventory

• $700,001 to $800,000 = 55 days worth of inventory

• $800,001 to $900,000 = 55 days worth of inventory

• $900,001 to 1 million = 100 days worth of inventory

• $1,000,001 + Over = 250 days worth of inventory

Valencia 91354

• $200,001 to $300,000 = (not enough inventory)

• $300,000 to $400,000 = 14 days worth of active inventory

• $400,001 to $500,000 = 32 days worth of inventory

• $500,001 to $600,000 = 36 days worth of inventory

• $600,001 to $700,000 = 52 days worth of inventory

• $700,001 to $800,000 = 80 days worth of inventory

• $800,001 to $900,000 = 167 days worth of inventory

• $900,001 t0 1 million = 100 days worth of inventory

• $1,000,001 + Over = 300 days worth of inventory

Saugus

• $200,001 to $300,000 = 60 days worth of inventory

• $300,000 to $400,000 = 46 days worth of active inventory

• $400,001 to $500,000 = 51 days worth of inventory

• $500,001 to $600,000 = 43 days worth of inventory

• $600,001 to $700,000 = 68 days worth of inventory

• $700,001 to $800,000 = 67 days worth of inventory

• $800,001 to $900,000 = 175 days worth of inventory

• $900,001 t0 1 million = 300 days worth of inventory

• $1,000,001 + Over = 100 days worth of inventory

Valencia 91381

• $400,001 to $500,000 = 0 active

• $500,001 to $600,000 = 1 actives

• $600,001 to $700,000 = 2 actives

• $700,001 to $800,000 = 0 actives

• $800,001 to $900,000 = 0 actives

• $900,001 t0 1 million = 0 actives

• $1,000,001 + Over 12 actives = 133 days worth of inventory

Newhall

• $200,000 to $300,000 = 27 days worth of inventory

• $300,000 to $400,000 = 31 days worth of active inventory

• $400,001 to $500,000 = 14 days worth of inventory

• $500,001 to $600,000 = 59 days worth of inventory

• $600,001 to $700,000 = 58 days worth of inventory

• $700,001 to $800,000 = 120 days worth of inventory

• $800,001 to $900,000 = 150 days worth of inventory

• $900,001 t0 1 million = 50 days worth of inventory

• $1,000,001 + Over = 267 days worth of inventory

Valencia 91355

• $200,000 to $300,000 = 40 days worth of inventory

• $300,000 to $400,000 = 27 days worth of active inventory

• $400,001 to $500,000 = 34 days worth of inventory

• $500,001 to $600,000 = 37 days worth of inventory

• $600,001 to $700,000 = 62 days worth of inventory

• $700,001 to $800,000 = 20 days worth of inventory

• $800,001 to $900,000 = 133 days worth of inventory

• $900,001 t0 1 million = 29 days worth of inventory

• $1,000,001 + Over = 150 days worth of inventory

Castaic

• $200,001 to $300,000 = (only 1 active)

• 300,000 to $400,000 = 38 days worth of active inventory

• $400,001 to $500,000 = 33 days worth of inventory

• $500,001 to $600,000 = 53 days worth of inventory

• $600,001 to $700,000 = 29 days worth of inventory

• $700,001 to $800,000 = 125 days worth of inventory

• $800,001 to $900,000 = 0 actives

• 900,001 t0 1 million = 75 days worth of inventory

• $1,000,001 + Over = 367 days worth of inventory

Canyon Country

• under $200,000 = 2 actives

• $200,001 to $300,000 = 62 days worth of inventory

• $300,000 to $400,000 = 33 days worth of active inventory

• $400,001 to $500,000 = 24 days worth of inventory

• $500,001 to $600,000 = 62 days worth of inventory

• $600,001 to $700,000 = 69 days worth of inventory

• $700,001 to $800,000 = 64 days worth of inventory

• $800,001 to $900,000 = 200 days worth of inventory

• $900,001 t0 1 million = 150 days worth of inventory

• $1,000,001 + Over = 240 days worth of inventory

We would love to have you join our “family of happy homeowners” When you need market conditions specific to “your home” Call me 661 714-0911

 

– Paul Atkins

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