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The Paul Atkins Real Estate Update
September 2018

By September 1, 2018 No Comments

Santa Clarita Real Estate Market by the #’s

(included Stevenson Ranch excluded Acton & Agua Dulce)

A balanced market is 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 “hot”. That is partly true, this report should put market conditions into perspective for you. You will quickly see in the $1,00,000 + market it is a “Buyers Market”. Supply & Demand changes every day, however, the trend we are seeing is that inventory is increasing. In July & August we experienced a shift in our market, showings & offers slowed. 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.

Stevenson Ranch

•$300,000 to $400,000 = 0 active properties

• $400,001 to $500,000 = 70 days worth of inventory

• $500,001 to $600,000 = 200 days worth of inventory

• $600,001 to $700,000 = 43 days worth of inventory

• $700,001 to $800,000 = 27 days worth of inventory

• $800,001 to $900,000 = 31 days worth of inventory

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

• $1,000,001 + Over = 125 days worth of inventory

Valencia 91354

•$300,000 to $400,000 = 13 days worth of inventory

• $400,001 to $500,000 = 46 days worth of inventory

• $500,001 to $600,000 = 114 days worth of inventory

• $600,001 to $700,000 = 82 days worth of inventory

• $700,001 to $800,000 = 60 days worth of inventory

• $800,001 to $900,000 = 100 days worth of inventory

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

• $1,000,001 + Over = 630 days worth of inventory

Saugus

• $200,001 to $300,000 = 67 days worth of inventory

• $300,000 to $400,000 = 73 days worth of active inventory

• $400,001 to $500,000 = 63 days worth of inventory

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

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

• $700,001 to $800,000 = 63 days worth of inventory

• $800,001 to $900,000 = 100 days worth of inventory

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

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

Castaic

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

• 300,000 to $400,000 = 42 days worth of active inventory

• $400,001 to $500,000 = 94 days worth of inventory

• $500,001 to $600,000 = 100 days worth of inventory

• $600,001 to $700,000 = 40 days worth of inventory

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

• $800,001 to $900,000 = 0 actives

• 900,001 t0 1 million = 200 days worth of inventory

• $1,000,001 + Over = 650 days worth of inventory

Valencia 91355

$300,000 or less = 40 days worth of inventory

• $300,000 to $400,000 = 12 days worth of active inventory

• $400,001 to $500,000 = 62 days worth of inventory

• $500,001 to $600,000 = 89 days worth of inventory

• $600,001 to $700,000 = 46 days worth of inventory

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

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

• $900,001 t0 1 million = 14 days worth of inventory

• $1,000,001 + Over = 500 days worth of inventory

Valencia 91381

• $500,001 to $600,000 = 150 days worth of inventory

• $600,001 to $700,000 = 25 days worth of inventory

• $700,001 to $800,000 = 1 active

• $800,001 to $900,000 = 1 active

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

• $1,000,001 + Over = 78 days worth of inventory

Newhall

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

• $300,000 to $400,000 = 41 days worth of active inventory

• $400,001 to $500,000 = 50 days worth of inventory

• $500,001 to $600,000 = 35 days worth of inventory

• $600,001 to $700,000 = 43 days worth of inventory

• $700,001 to $800,000 = 175 days worth of inventory

• $800,001 to $900,000 = 100 days worth of inventory

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

• $1,000,001 + Over = 450 days worth of inventory

Canyon Country

• $300,000 or less = 53 days worth of inventory

• 300,000 to $400,000 = 47 days worth of active inventory

• $400,001 to $500,000 = 29 days worth of inventory

• $500,001 to $600,000 = 71 days worth of inventory

• $600,001 to $700,000 = 78 days worth of inventory

• $700,001 to $800,000 = 175 days worth of inventory

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

• 900,001 t0 1 million = 250 days worth of inventory

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

When you need market conditions specific to your home, call me. 661.714.0911

 

– Paul Atkins

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