Santa Clarita Valley cities condo and townhome updates

SANTA CLARITA VALLEYCONDO / TOWN-HOME MARKET UPDATE

PARIS911 CLIENTELE

PROJECT

DATE CLIENTJUNE 23, 2014

CONDO AND TOWN HOME UPDATESANTA CLARITA VALLEY CITIES

Canyon Country

Newhall

Santa Clarita

Stevenson Ranch

Valencia

Market take-a-ways

Slow shift from a sellers to a buyers market.

Days on Market timeframes are stagnant.

Inventory is increasing.

Price Per Square Foot is increasing.

Paris911 at REMAX opinion…

Over the next 6 months we will see the change over from a sellers to a buyers market.

Expired real estate listings will be much more prominent.

With the addition of real estate inventory, above and beyond current buyer need, we will see the relaxation of real estate prices…