Is Santa Clarita, 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, 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
$773,250
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Santa Clarita was $773,250 in April 2024, up 5.7% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $402.2K | $391K | -2.8% |
2 Bedrooms | $495K | $529.6K | +7.0% |
3 Bedrooms | $718K | $745K | +3.8% |
4 Bedrooms | $829.5K | $880K | +6.1% |
5+ Bedrooms | $1.0M | $1.1M | +2.6% |
Summary: Santa Clarita housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Cities
Stevenson Ranch | $980K | $1.1M | +17.3% |
Santa Clarita | $731.3K | $773.2K | +5.7% |
Castaic | $775K | $810K | +4.5% |
San Fernando Valley | $901.1K | $938.9K | +4.2% |
Newhall | $750K | $779.9K | +4.0% |
Housing Supply in Santa Clarita, CA
How many homes are available in Santa Clarita, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
546 | 568 | +4.0% |
Summary: The Santa Clarita real estate market had 568 homes for sale in April 2024, a 4.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 125 | 121 | -3.2% |
3 Bedrooms | 198 | 206 | +4.0% |
4 Bedrooms | 156 | 170 | +9.0% |
5+ Bedrooms | 57 | 61 | +7.0% |
Summary: The Santa Clarita housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
155 | 154 | -0.6% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
78 Homes Were Sold
Over Asking
Summary: A total of 154 homes were sold or pending in Santa Clarita in April 2024, down by 0.6% month-over-month. Of the 154 sold homes, 29% were sold under asking, 21% were sold at asking, and 51% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 24 Days | -30.9% |
Summary: Homes in Santa Clarita had an average of 24 days on market in Apr 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 154 homes were sold in Santa Clarita; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.