Santa Clarita Valley Home Prices Rise While Unemployment Drops

February Real Estate Sales Figures For The Santa Clarita Valley Show An Increase In Property Value For Single Family Homes

According to figures from the Santa Clarita Valley Economic Development Corporation and the Southland Regional Association of Realtors, the Santa Clarita Valley showedSanta Clarita Valley Real Estate Sales an average increase of 5% in single family home values during the month of February.

Median prices for single family homes rose to $379,000 in February from an average of $360,000 in January of this year. Condominium prices also rose slightly in February to an average of $220,000 from January 2013’s high of $206,700.

March Figures Show Agua Dulce At Top Of Pricing Index For Housing

The Southland Regional Association of Realtors reported housing sales figures for the month of March 2013. Valencia had the highest number of new listings at 90 and a median list price of $489,000; followed by Canyon Country with 82 new listings with $400,000 as its price median which is the lowest in the Santa Clarita Valley. Total figures for all of the Santa Clarita Valley for the month of March are as follows:

Valencia

New listings: 90
Total active listings: 68
Median list price: $489,000
New escrows closed: 79
Sales closed at list price: 54

Canyon Country

New listings: 82
Total active listings: 71
Median list price: $400,000
New escrows closed: 68
Sales closed at list price: 43

Saugus

New listings: 56
Total active listings: 52
Median list price: $495,000
New escrows closed: 60
Sales closed at list price: 36

Newhall

New listings: 29
Total active listings: 30
Median list price: $429,000
New escrows closed: 31
Sales closed at list price: 16

Castaic

New listings: 28
Total active listings: 28
Median list price: $435,000
New escrows closed: 22
Sales closed at list price: 16

Stevenson Ranch

New listings: 20
Total active listings: 16
Median list price: $625,000
New escrows closed: 20
Sales closed at list price: 13

Acton

New listings: 13
Total active listings: 31
Median list price: $434,500
New escrows closed: 8
Sales closed at list price: 5

Agua Dulce

New listings: 5
Total active listings: 16
Median list price: $639,000
New escrows closed: 7
Sales closed at list price: 3

Unemployment Drops in the Santa Clarita Valley

Unemployment figures in the Santa Clarita Valley continue to remain lower than the county, state and national averages; having dropped to 6.1% in February. This is due in large part to a strong economic balance and diversity of businesses in the SCV, with corporations such as Princess Cruises, Henry Mayo Newhall Memorial Hospital, and Six Flags as three of the valley’s largest employers. the County of Los Angeles reported an unemployment rate of 10.2% in February.

We’re here to answer all of your questions about the Santa Clarita Valley

Are you considering a move to the Santa Clarita Valley? Contact us for a free, no obligation consultation about the area, housing availability, and all you need to know about living here in the SCV.

Team Avalos Real Estate
Keller Williams VIP Properties
25124 Springfield Court, Suite 100
Valencia, CA 91355

Office: (661) 290-3743
Carlos direct: (818) 399-4093
Rose direct: (818) 590-2077

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