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 seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Stevenson Ranch has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stevenson Ranch, CA

How much do homes in Stevenson Ranch, CA cost?

Median Sold Price

$1,091,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$68,500(+6.7%)

Key Takeaway

Homes in Stevenson Ranch have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Stevenson Ranch was $1,091,000 in March 2024, up 6.7% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $568K$569K
0.2%
3 $790K$770K
-2.5%
4 $1.1M$1.1M
+1.8%
5+ $1.5M$1.4M
-4.0%

Summary: Stevenson Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Cities

Stevenson Ranch
+6.7%
Castaic
+4.3%
Santa Clarita
+3.6%
Newhall
+2.0%

Housing Supply in Stevenson Ranch, CA

How many homes are available in Stevenson Ranch, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3027-10.0%

Summary: The Stevenson Ranch real estate market had 27 homes for sale in March 2024, a 10.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 99
0.0%
4 107
-30.0%
5+ 87
-12.5%

Summary: The Stevenson Ranch 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 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, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Stevenson Ranch in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% 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

Mar 2023Mar 2024CHANGE
67 Days9 Days-85.9%

Summary: Homes in Stevenson Ranch had an average of 9 days on market in Mar 2024, down by 85.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were 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 March 2024, 7 homes were sold in Stevenson Ranch; 100% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Stevenson Ranch, CA

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