Tuesday, February 25, 2014

Canyon Country Real Time Real Estate Market Update

Canyon Country Real Time Real Estate Market Update for the Week of February 24, 2014

The median list price in CANYON COUNTRY, CA this week is $499,000. Demand measured by the Market Action Index is increasing and days on market is trending downward. Even as more properties come available, these are positive trends for the market.

Supply and Demand

Home sales in Canyon Country continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market
so watch for upward pricing pressure in the near future if the trend continues.

Price

Despite this week's up tic, the Canyon Country real estate market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Thinking About Selling?

If you're thinking about selling your home in Canyon Country, right now is a great time to sell before we enter into the full swing of the summer selling season. The Ricco Sells Homes Team has qualified buyers looking to live in your Canyon Country neighborhood, we would like the opportunity to earn your business.

Stay up to date with our weekly Canyon Country real estate market reports. Request your free real time market report for single family homes or condo's in the Canyon Country.

 
Jennifer and Gary Ricco, the Ricco Sells Homes Team 
RE/MAX of Santa Clarita of Santa Clarita
661.803.2093 cell
'Quality Consulting Through Continuous Improvement'
Ricco Sells Homes 
CA BRE 01461940 | 01903395
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