Is Santa Clarita, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Clarita is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Santa Clarita has remained a Seller's Market.

Key Takeaway

Santa Clarita is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Santa Clarita, CA cost?

Median Sold Price

$730,344

$441/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$5,122(+0.7%)

Key Takeaway

Homes in Santa Clarita have sold for 0.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $380.7K$400K
+5.1%
2 $478.7K$495K
+3.4%
3 $705K$715K
+1.4%
4 $828.9K$827.4K
-0.2%
5+ $1.0M$1.0M
+7.8%

Median Sold Price Compared To Nearby Cities

Castaic
+3.3%
Santa Clarita
+0.7%
San Fernando Valley
-0.3%
Newhall
-0.4%
Stevenson Ranch
-6.2%

How many homes are available in Santa Clarita, CA?

Number of Homes For Sale

Apr 2023May 2023%
507494-2.6%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 149
-35.7%
2 103103
0.0%
3 155151
-2.6%
4 160149
-6.9%
5+ 7582
+9.3%

Number of Homes Sold

Apr 2023May 2023%
153190+24.2%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

106 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Clarita, you could pay more than the asking price. 55.8% of homes here sold above asking price last month.

How long does it take to sell a home in Santa Clarita, CA?

How long does it take to sell a home in Santa Clarita, CA?

Average Sale Time

May 2022May 2023%
10 Days24 Days+147.3%

Breakdown of Home Sale Times

148 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Clarita are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Santa Clarita, CA?

About Santa Clarita, CA

Santa Clarita, CA has 494 homes on the market. Between April 2023 and May 2023, Santa Clarita, CA real estate market has seen decrease in the number of listings by 2.6%. While the average time on the market in May 2023 was 24 days, the median list price was $730,344. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties prices increased by 5.1%, the cost of 2 bedrooms properties went up by 3.4%, prices of 3 bedrooms properties went up by 1.4%, 4 bedrooms properties became 0.2% more cheaper, 5 bedrooms properties prices increased by 7.8%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 35.7%, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 2.6%, 4 bedrooms homes inventory decreased by 6.9%, number of 5 bedrooms homes increased by 9.3%. Over 106 listings were sold over their listed price in May 2023 in Santa Clarita, CA. In the same period over 47 listings were sold below the listed price and 37 listings were sold for the listed price.