Tuesday, February 25, 2014

Santa Clarita Real Time Real Estate Market Update

Santa Clarita Real Time Real Estate Market Update for the Week of February 24, 2014

The median list price in SANTA CLARITA, CA 91350 and 91390 this week is $498,900. Inventory has been lightening lately and the Market Action Index has been trending up. These are mildly positive indications for the market.

Supply and Demand

Home sales 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

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.he market seems to have paused around its high point.

Thinking About Selling?

If you're thinking about selling your Santa Clarita, 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 Santa Clarita neighborhood, we would like the opportunity to earn your business. 
 
Stay up to date with our weekly Santa Clarita real estate market reports. Request your free real time market report for single family homes or condo's in Santa Clarita now.

 
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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