Mark's Market Report

Santa Clarita, CA

Single-Family Homes

310-857-4956 | markbolender@remax.net | 661-714-0510 | www.markbolender.me



Santa Clarita, CA

Thu Feb 29 2024
This week the median list price for Santa Clarita, CA is $1,071,234 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 5. Click here to stay informed with the Santa Clarita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Santa Clarita, CA

Thu Feb 29 2024
This week the median list price for Santa Clarita, CA is $1,071,234 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 5. Click here to stay informed with the Santa Clarita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Santa Clarita market.
Median List Price $1,071,234
Median Price of New Listings $1,600,000
Per Square Foot $374
Average Days on Market 62
Median Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 42
Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,600,000 3,218 4,500 - 6,500 sqft 5 4 4 1 0 0
$1,341,891 3,630 0.25 - 0.5 acre 4 3.5 1 0 0 21
$1,071,234 2,861 4,500 - 6,500 sqft 5 3.5 1 0 0 21
$892,031 2,186 4,500 - 6,500 sqft 3 2.5 1 0 0 133