REAL-TIME MARKET NUMBERS

Newhall, CA

Single-Family Homes

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Newhall, CA

Wed Dec 04 2024
This week the median list price for Newhall, CA is $999,999 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 25. Click here to stay informed with the Newhall market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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.

Newhall, CA

Wed Dec 04 2024
This week the median list price for Newhall, CA is $999,999 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 25. Click here to stay informed with the Newhall market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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 Newhall market.
Median List Price $999,999
Median Price of New Listings $912,499
Per Square Foot $469
Average Days on Market 86
Median Days on Market 84
Price Decreased 44%
Price Increased 4%
Relisted 12%
Inventory 25
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,452,850 3,406 0.25 - 0.5 acre 4 3.5 38 1 1 66
$1,152,000 2,943 8,000 - 10,000 sqft 4 3.3 42 0 0 108
$960,984 1,997 8,000 - 10,000 sqft 4 3 58 1 1 59
$820,000 1,585 6,500 - 8,000 sqft 3 2 52 2 0 63