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The Paul Atkins Real Estate Update
May 2018

By May 1, 2018 No Comments

Santa Clarita Real Estate By The #’s May 1st, 2018

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

Active inventory in each price range broken down into Day’s worth of “active” inventory at consumption rate of the last 6 months. (NOT market time).

• Under $300,000 ~ 19 day’s
• $300,001 to $400,000 ~28~day’s
• $400,001 to $500,000 ~ 21~day’s
• $500.001 to $600,000 ~ 45~day’s
• $600,001 to $700,000 ~ 57~day’s
• $700,001 to $800,000 ~ 75~day’s
• $800,001 to $900,000 ~ 95~day’s
• $900,001 to 1 million ~ 114~day’s
• Over $1,000,001 + ~175~day’s

The performance of sales change from area to area, price ranges, some tracts are in higher demand than others.

Considering a move ?
When you need market conditions specific to “your home” or if you have any questions feel free to call me!

Selling or Buying ~ we would love the opportunity of earning your Trust & Business.

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