Santa Clarita Real Estate Values Rise in Steady Uptick Through April 2024
Santa Clarita’s real estate market shows steady growth with average property value at $760,000 as of April 2024.
Key Takeaways
- Santa Clarita's average property value rose from about $750,000 in May 2023 to $760,000 in April 2024.
- The median sold price slipped 0.60% to $780K year over year.
- Homes for sale jumped 35.09% to 308, while homes sold fell 3.77% to 1,606.
- Valencia averaged $960,000 and Canyon Country about $527,000 in April 2024.
Over the past year, Santa Clarita has witnessed a consistent uptick in the real estate market, marked by steadily climbing property values. From May 2023 through April 2024, the average property value rose from about $750,000 to $760,000, displaying a solid growth trajectory. These values are further substantiated by an increase in average sale prices, which in May 2023 started at around $785,000 and remained strong at approximately $780,000 by April 2024. We also see a noteworthy rise in the average sale per square foot value, which increased from $441 in May 2023 to $444 in April 2024.
Santa Clarita, CA Real Estate Market Overview
Frequently Asked Questions
What is the average home value in Santa Clarita?
$760,000 as of April 2024, with an average sale price of about $780,000.
Is Santa Clarita housing inventory rising?
Yes. Homes for sale rose 35.09%, from 228 in May 2023 to 308 in April 2024.
About the author: Manuel Martinez
RealtyTrac contributor
Manuel Martinez is a contributor to RealtyTrac who writes about local housing markets, home buying and real estate investing. He has written for RealtyTrac since 2013, covering city and state market reports, home buying guides and tips, investment financing and strategies for buying and flipping homes.
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