Is Santa Clarita, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$760,000
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Santa Clarita was $760,000 in February 2024, up 2.1% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $400K | 0.0% |
2 Bedrooms | $499.9K | $525K | +5.0% |
3 Bedrooms | $725.2K | $728.6K | 0.5% |
4 Bedrooms | $840K | $869.3K | +3.5% |
5+ Bedrooms | $1.0M | $1.1M | +2.6% |
Summary: Santa Clarita housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Stevenson Ranch | $1.0M | $1.0M | +7.0% |
Santa Clarita | $744.3K | $760K | +2.1% |
Castaic | $782.5K | $788.5K | +0.8% |
San Fernando Valley | $918.5K | $922.9K | 0.5% |
Newhall | $764.6K | $763.4K | -0.1% |
Housing Supply in Santa Clarita, CA
How many homes are available in Santa Clarita, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
379 | 430 | +13.5% |
Summary: The Santa Clarita real estate market had 430 homes for sale in February 2024, a 13.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 85 | 88 | +3.5% |
3 Bedrooms | 147 | 170 | +15.6% |
4 Bedrooms | 91 | 115 | +26.4% |
5+ Bedrooms | 43 | 45 | +4.7% |
Summary: The Santa Clarita housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 4.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
94 | 94 | 0.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Santa Clarita in February 2024, the same as the previous month. Of the 94 sold homes, 38% were sold under asking, 22% were sold at asking, and 39% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
52 Days | 29 Days | -43.8% |
Summary: Homes in Santa Clarita had an average of 29 days on market in Feb 2024, down by 43.8% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 94 homes were sold in Santa Clarita; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.