Is Newhall, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Newhall has remained a Seller's Market.
Housing Prices in Newhall, CA
How much do homes in Newhall, CA cost?
Median Sold Price
$774,590
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Newhall was $774,590 in March 2024, up 2% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $393.7K | -1.6% |
2 Bedrooms | $500K | $527K | +5.4% |
3 Bedrooms | $724.2K | $725K | 0.1% |
4 Bedrooms | $866.9K | $890K | +2.7% |
5+ Bedrooms | $1.1M | $1.1M | -0.5% |
Summary: Newhall housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
Lake Hughes | $390K | $416.2K | +6.7% |
Castaic | $776.6K | $810K | +4.3% |
Santa Clarita | $738.1K | $765K | +3.6% |
Newhall | $759.4K | $774.5K | +2.0% |
North Antelope Valley | $440K | $447K | +1.6% |
Housing Supply in Newhall, CA
How many homes are available in Newhall, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
605 | 675 | +11.6% |
Summary: The Newhall real estate market had 675 homes for sale in March 2024, a 11.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 13 | 0.0% |
2 Bedrooms | 118 | 136 | +15.3% |
3 Bedrooms | 223 | 239 | +7.2% |
4 Bedrooms | 169 | 187 | +10.7% |
5+ Bedrooms | 82 | 100 | +22.0% |
Summary: The Newhall housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 22%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 188 | +54.1% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
100 Homes Were Sold
Over Asking
Summary: A total of 188 homes were sold or pending in Newhall in March 2024, up by 54.1% month-over-month. Of the 188 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for Newhall, CA
How long does it take to sell a home in Newhall, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 23 Days | -42.2% |
Summary: Homes in Newhall had an average of 23 days on market in Mar 2024, down by 42.2% compared to last year.
Breakdown of Home Sale Times
152 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 188 homes were sold in Newhall; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.