Is Newhall, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Newhall has remained a Seller's Market.
Housing Prices in Newhall, CA
How much do homes in Newhall, CA cost?
Median Sold Price
$779,932
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Newhall was $779,932 in April 2024, up 4% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $391K | -2.3% |
2 Bedrooms | $500.5K | $530K | +5.9% |
3 Bedrooms | $720K | $735K | +2.1% |
4 Bedrooms | $850.1K | $895.9K | +5.4% |
5+ Bedrooms | $1.1M | $1.1M | +3.2% |
Summary: Newhall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Santa Clarita | $731.3K | $773.2K | +5.7% |
Lake Hughes | $392.5K | $410K | +4.5% |
Castaic | $775K | $810K | +4.5% |
Newhall | $750K | $779.9K | +4.0% |
North Antelope Valley | $439.1K | $450K | +2.5% |
Housing Supply in Newhall, CA
How many homes are available in Newhall, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
714 | 771 | +8.0% |
Summary: The Newhall real estate market had 771 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 143 | 145 | +1.4% |
3 Bedrooms | 251 | 267 | +6.4% |
4 Bedrooms | 202 | 219 | +8.4% |
5+ Bedrooms | 107 | 128 | +19.6% |
Summary: The Newhall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 19.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
193 | 206 | +6.7% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
107 Homes Were Sold
Over Asking
Summary: A total of 206 homes were sold or pending in Newhall in April 2024, up by 6.7% month-over-month. Of the 206 sold homes, 26% were sold under asking, 22% were sold at asking, and 52% were sold over asking.
Days on Market for Newhall, CA
How long does it take to sell a home in Newhall, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 25 Days | -21.6% |
Summary: Homes in Newhall had an average of 25 days on market in Apr 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
150 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 206 homes were sold in Newhall; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.