Justin Tye

Santa Clarita, CA

Single-Family Homes

Active Realty I REAL



Santa Clarita, CA

Fri May 24 2024
This week the median list price for Santa Clarita, CA is $1,199,990 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has increased to 9. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Fri May 24 2024
This week the median list price for Santa Clarita, CA is $1,199,990 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has increased to 9. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,199,990
Median Price of New Listings $0
Per Square Foot $450
Average Days on Market 62
Median Days on Market 42
Price Decreased 44%
Price Increased 44%
Relisted 0%
Inventory 9
Median Rent
Market Action 39
Slight Seller's Advantage

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,399,950 3,424 8,000 - 10,000 sqft 4 3.8 2 0 0 94
$1,294,500 2,696 4,500 - 6,500 sqft 4 3.3 4 0 0 21
$1,174,995 3,125 8,000 - 10,000 sqft 5 3.5 6 0 0 24
$799,000 1,679 6,500 - 8,000 sqft 2 2 1 0 1 70