- calendar_month July 31, 2024
- folder Absorption Rate
What This Means for Sellers and Buyers
Sellers: With only 12 active listings and homes selling quickly at a median price of $1,133,000, which is higher than the median list price of $960,150, it's a great time to sell in Santa Clarita. Limited inventory and high demand mean you can expect competitive offers and potentially sell above asking price. The average days on market is only 14 days, so sellers should be ready for fast transactions.
Buyers: The market is competitive, with 17 homes sold last month at a median sold price of $1,133,000, above the median list price of $960,150. The average price per square foot is $418. Be prepared to act quickly and make strong offers. Working with an experienced agent and having pre-approval can give you an edge in securing your desired home.