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Average sale price
November 2007: $551,600
Current average sale price: $406,498
Bottom Line: The average sales price is down approximately 26 percent from last year.
Average days on market
November 2007: 112
Current average days on market: 75
Bottom Line: Homes that have sold this year have been on the market 37 days less, or are selling 33 percent faster, this year.
Total closed sales
November 2007: 2,365
Year to date, 2008: 2,065
Bottom Line: There have been 300 fewer sales this year, or 13 percent fewer sales.
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Wall Street Drama Wall Street may be in New York, but most people want to know how the stock market drama will affect local real estate in Santa Clarita.
How it Affects Local Real Estate
By Joshua Suess
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Let’s take a quick look at what’s happening in our market. First of all, while most markets around the country have a rising number of homes hitting the market and skyrocketing inventory levels, we are seeing the exact opposite here in Santa Clarita.
Our inventory has been decreasing steadily month after month. With that said, nearly 52 percent of the homes on the market are either foreclosures or short sales, leaving “normal sellers” in the minority. While most markets are experiencing a slow down in sales and a shortage of buyers, we are seeing increasing sales with a huge pool of buyers. With that said, these buyers are only seeking out the best deals on the market - which seem to be under the $500,000 price mark (and typically bank owned/REO/foreclosures).
Another factor that has been driving recent sales has been the attractive lower interest rates. Buyers who were waiting for prices to fall further have decided a lower interest rate makes now the perfect time to purchase a home. Investors are also back on the scene, as low interest rates and extremely low prices means positive cash flow on rental properties. Fantastic long-term buy-and-hold investments are everywhere!
It seems like we have our own micro-market here in Santa Clarita. Our market is very independent from the rest in Los Angeles County and we seem to recover quickly from the sharp highs and lows of the normal real estate cycle. Buy low and sell high is the rule of the stock market and the same is true in real estate.
Joshua “Dr.” Suess is owner of The Focused On Your Family Team with Re/Max of Valencia, 661-702-4640; www.NoHassleNoRisk.com
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"Curb appeal” is the good impression or feeling made when looking at a home from the curb to the front door. It is taking the best exterior feature of the house or yard and enhancing it to the fullest potential. Believe it or not, it can be one of the most important factors to home buyers and many will choose not to view the inside of a home if the outside does not look up to par.
Here’s how to maximize your curb appeal:
Keep landscaping neatly trimmed and maintained. Keep your grass green and replace dead spots with new sod or seed. Don’t neglect flowers, plants and trees. Trim dead stems or branches and if they aren’t looking good, replace them! You’d be surprised how far some inexpensive annuals, like petunias or impatiens, will go.
Add low voltage landscape lighting. It’s an easy and instant upgrade that will really make a dramatic effect at night.
Re-paint the exterior - including trim, shutters, front entry door and garage door. If needed, replace the hardware with new door handles, knobs, etc.
Replace your mailbox. The last thing a home buyer wants to see after leaving a beautiful home and yard, is a beaten-down old mailbox.
Park your vehicles in the garage. This will showcase your home from the street and to show that the driveway has ample room for any potential needs.
Remember, no matter what your budget is, always keep it simple, neutral and appealing to the masses. The way you live and the way you sell are two totally different worlds so you want to set the stage to invite buyers into your home with welcoming curb appeal.
Joshua “Dr.” Suess is owner of The Focused On Your Family Team with Re/Max of Valencia, 661-702-4640; www.NoHassleNoRisk.com
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Homes for sale in Stevenson Ranch. As your Santa Clarita Real Estate Specialist I am here to provide you with the most current home and condo sales information in the Stevenson Ranch area which includes Southern Oaks and Sunset Point.
ACTIVE LISTINGS AS OF OCTOBER 16:
Currently there are a combination of 86 single family homes and condo's for sale.
Minimum List Price: $245,000 Days on Market: New Listing
Average List Price: $597,625 Days on Market: 81
Maximum List Price: $1,395,000 Days on Market: 421
ACTIVE LISTINGS AS OF SEPTEMBER 25:
There were a combination of 85 single family homes and condo's for sale.
Minimum List Price: $279,000 Days on Market: 1
Average List Price: $666,598 Days on Market: 90
Maximum List Price: $2,300,000 Days on Market: 400
BACK UP OFFERS AS OF OCTOBER 16:
Currently there are 18 listings on the market.
Minimum List Price: $ 250,000 Days on Market: 1
Average List Price: $ 563,469 Days on Market: 73
Maximum List Price: $989,000 Days on Market: 495
BACK UP OFFERS AS OF SEPTEMBER 25:
There were 28 listings on the market.
Minimum List Price: $ 299,000 Days on Market: 1
Average List Price: $ 528,313 Days on Market: 78
Maximum List Price: $925,000 Days on Market: 495
PENDING AS OF OCTOBER 16:
Currently there are 31 listings pending.
Minimum List Price: $239,990 Days on Market: 4
Average List Price: $540,203 Days on Market: 81
Maximum List Price: $989,000 Days on Market: 375
PENDING AS OF SEPTEMBER 25:
There were 35 listings pending.
Minimum List Price: $239,990 Days on Market: 4
Average List Price: $481,962 Days on Market: 75
Maximum List Price: $799,000 Days on Market: 375
HOMES/CONDO'S SOLD IN THE PAST 30 DAYS:
20 listings SOLD in Stevenson Ranch.
Minimum Sale Price: $250,000 Days on Market:11
Average Sale Price: $598,000 Days on Market: 113
Maximum Sale Price: $1,125,000 Days on Market: 389
With the constantly changing market we are in my goal is to keep you up to date with the most current home sales statistics in the Stevenson Ranch Area. As a potential seller it helps to give you an idea of what the market performance is doing and what you may anticipate. All properties are different and an in depth comparative market analysis consisting of location, sqft, and upgrades are needed to give you an exact list price. As a buyer these numbers help you to understand what the price ranges are in Stevenson Ranch, there are many different homes for sale. Whether your buying or selling I would like the opportunity to interview with you for the job. I have an extensive marketing plan to put your property in front of buyers to get your property sold.
To see the lastest market activity report go to Jennifer's Blog button and click on Stevenson Ranch Home Sales.
My husband and I specialize in short sale/foreclosure properties. Many of you have heard these terms on the news lately or see these type of homes in your communities. Would like to know what these terms mean? Go to: http://www.santaclaritavalleyhomesonline.com/shortsale.htm. If you or someone you know are in a difficult situation with your property consider us. We are Santa Clarita Short Sale Specialists and would like opportunity to sit down with you and give you a free, no obligation, consultation on this process.
Do you know of anyone who is thinking about moving to the Santa Clarita Valley? Let me show them this beautiful community among others here in the Southern California area.
If you would like to search specifically for Stevenson Ranch homes for sale, or any other areas of Southern California go to: www.riccosellshomes.com
*All information deemed reliable but not guaranteed, information directly from SOCAL MLS
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Homes for sale in Stevenson Ranch. As your Santa Clarita Realtor I am here to provide you with the most current home and condo sales information in the Stevenson Ranch area which includes Southern Oaks and Sunset Point.

This is a picture of Six Flags Magic Mountain located here in Santa Clarita.
ACTIVE LISTINGS AS OF SEPTEMBER 25:
Currently there are a combination of 85 single family homes and condo's for sale.
Minimum List Price: $279,000 Days on Market: 1
Average List Price: $666,598 Days on Market: 90
Maximum List Price: $2,300,000 Days on Market: 400
ACTIVE LISTINGS AS OF SEPTEMBER 18:
There were a combination of 87 single family homes and condo's for sale.
Minimum List Price: $224,000 Days on Market: 1
Average List Price: $667,078 Days on Market: 92
Maximum List Price: $2,300,000 Days on Market: 393
BACK UP OFFERS AS OF SEPTEMBER 25:
Currently there are 28 listings on the market.
Minimum List Price: $ 250,000 Days on Market: 1
Average List Price: $ 563,469 Days on Market: 73
Maximum List Price: $989,000 Days on Market: 495
BACK UP OFFERS AS OF SEPTEMBER 18:
There were 26 listings on the market.
Minimum List Price: $ 250,000 Days on Market: 1
Average List Price: $ 535,755 Days on Market: 56
Maximum List Price: $989,000 Days on Market: 393
PENDING AS OF SEPTEMBER 25:
Currently there are 35 listings pending.
Minimum List Price: $239,990 Days on Market: 4
Average List Price: $481,962 Days on Market: 75
Maximum List Price: $799,000 Days on Market: 375
PENDING AS OF SEPTEMBER 18:
There were 36 listings pending.
Minimum List Price: $256,500 Days on Market: 0
Average List Price: $518,500 Days on Market: 59
Maximum List Price: $999,000 Days on Market: 317
HOMES/CONDO'S SOLD IN THE PAST 30 DAYS:
17 listings SOLD in Stevenson Ranch.
Minimum Sale Price: $268,900 Days on Market: 0
Average Sale Price: $572,635 Days on Market: 80
Maximum Sale Price: $1,125,000 Days on Market: 334
With the constantly changing market we are in my goal is to keep you up to date with the most current home sales statistics in the Stevenson Ranch Area. As a potential seller it helps to give you an idea of what the market performance is doing and what you may anticipate. All properties are different and an in depth comparative market analysis consisting of location, sqft, and upgrades are needed to give you an exact list price. As a buyer these numbers help you to understand what the price ranges are in Stevenson Ranch, there are many different homes for sale. Whether your buying or selling I would like the opportunity to interview with you for the job. I have an extensive marketing plan to put your property in front of buyers to get your property sold.
To see the lastest market activity report go to Jennifer's Blog button and click on Stevenson Ranch Home Sales.
My husband and I specialize in short sale/foreclosure properties. Many of you have heard these terms on the news lately or see these type of homes in your communities. Would like to know what these terms mean? Go to: http://www.santaclaritavalleyhomesonline.com/shortsale.htm. If you or someone you know are in a difficult situation with your property consider us. We are Santa Clarita Short Sale Specialists and would like opportunity to sit down with you and give you a free, no obligation, consultation on this process.
Do you know of anyone who is thinking about moving to the Santa Clarita Valley? Let me show them this beautiful community among others here in the Southern California area.
If you would like to search specifically for Stevenson Ranch homes for sale, or any other areas of Southern California go to: www.riccosellshomes.com
*All information deemed reliable but not guaranteed, information directly from SOCAL MLS
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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