Is Stevenson Ranch, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevenson Ranch is a buyer's market

Buyer's
Market

Difference Since November 2022

At the same time last year, Stevenson Ranch was a Seller's Market.

Key Takeaway

Stevenson Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stevenson Ranch, CA

How much do homes in Stevenson Ranch, CA cost?

Median Sold Price

$1,070,000

$430/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

+$83,333(+8.4%)

Key Takeaway

Homes in Stevenson Ranch have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Stevenson Ranch was $1,070,000 in November 2023, up 8.4% from last year, and the median price per square foot was $430.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
N/A
2 $557.7K$580K
+4.0%
3 $800K$776K
-3.0%
4 $1.1M$1.1M
-4.7%
5+ $1.4M$1.4M
+1.2%

Summary: Stevenson Ranch housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Cities

Stevenson Ranch
+8.4%
Castaic
+3.0%
Santa Clarita
0.0%
Newhall
-0.7%

Housing Supply in Stevenson Ranch, CA

How many homes are available in Stevenson Ranch, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
3433-2.9%

Summary: The Stevenson Ranch real estate market had 33 homes for sale in November 2023, a 2.9% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 32
-33.3%
3 99
0.0%
4 57
+40.0%
5+ 1715
-11.8%

Summary: The Stevenson Ranch housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
94-55.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevenson Ranch, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Stevenson Ranch in November 2023, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Stevenson Ranch, CA

How long does it take to sell a home in Stevenson Ranch, CA?

Average Sale Time

Nov 2022Nov 2023CHANGE
52 Days13 Days-74.4%

Summary: Homes in Stevenson Ranch had an average of 13 days on market in Nov 2023, down by 74.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 4 homes were sold in Stevenson Ranch; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 3 Days Ago

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