Market Trends are changing in todays Santa Clarita real estate market place. Given the amount of listings available it is a buyers market. Visit this link for current MLS listings If you have questions, just ask me! For home owners interested in selling, start with a detailed Home Value report.
Castaic, California had brisk activity during the July 11th - August 31, 2007 time period. Given the predicament the Mortgage Industry finds itself in, the real estate sales trend for Castaic is good. With the feds eliminating the loan limit for the VA Jumbo loan, this is taken as a positive sign that a possibility may exists for revision of the FHA loan limits as well.
The listings breakdown;
- Active Listings 224
- Pending Sales 24
- Closed Sales 36
Of those sales
- Average of 98% sold at list price
- Average days on market was 75
- Average list price $543,802
| Closed Sales- 36 Properties Found | ||||||||||
| Beds | Baths | Square Feet | List Price | LP/SqFt | Sale Price | SP/SqFt | SP/LP | SP/OLP | DOM | |
| Min | 2 | 2 | 971 | $ 279,950 | $ 180 | $ 255,000 | $ 175 | 91% | 82% | 7 |
| Avg | 3 | 2.75 | 1949 | $ 543,802 | $ 294 | $ 534,172 | $ 289 | 98% | 95% | 75 |
| Max | 6 | 6 | 4146 | $ 1,399,990 | $ 442 | $ 1,349,000 | $ 432 | 101% | 101% | 434 |
Chart compiled from data at SRAR.com
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