Is Santa Clarita, 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, Santa Clarita has remained a Seller's Market.
Housing Prices in Santa Clarita, CA
How much do homes in Santa Clarita, CA cost?
Median Sold Price
$765,000
$445/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Santa Clarita was $765,000 in March 2024, up 3.6% from last year, and the median price per square foot was $445.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $393.7K | -1.6% |
2 Bedrooms | $495K | $525K | +6.1% |
3 Bedrooms | $720.2K | $735K | +2.1% |
4 Bedrooms | $835K | $875K | +4.8% |
5+ Bedrooms | $1.1M | $1.1M | +0.6% |
Summary: Santa Clarita 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 6.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Stevenson Ranch | $1.0M | $1.0M | +6.7% |
Castaic | $776.6K | $810K | +4.3% |
Santa Clarita | $738.1K | $765K | +3.6% |
Newhall | $759.4K | $774.5K | +2.0% |
San Fernando Valley | $910.8K | $928.8K | +2.0% |
Housing Supply in Santa Clarita, CA
How many homes are available in Santa Clarita, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
465 | 510 | +9.7% |
Summary: The Santa Clarita real estate market had 510 homes for sale in March 2024, a 9.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 103 | 118 | +14.6% |
3 Bedrooms | 178 | 189 | +6.2% |
4 Bedrooms | 124 | 139 | +12.1% |
5+ Bedrooms | 47 | 52 | +10.6% |
Summary: The Santa Clarita housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 10.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
98 | 149 | +52.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
88 Homes Were Sold
Over Asking
Summary: A total of 149 homes were sold or pending in Santa Clarita in March 2024, up by 52.0% month-over-month. Of the 149 sold homes, 21% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for Santa Clarita, CA
How long does it take to sell a home in Santa Clarita, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 20 Days | -48.4% |
Summary: Homes in Santa Clarita had an average of 20 days on market in Mar 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
126 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 149 homes were sold in Santa Clarita; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.