Brought to you by the Paris911 Team at REMAX of Valencia CAIt seems for the first time in a long time that the Santa Clarita real estate markets have been going up and up.

During our latest real estate market reports for the Santa Clarita Cities – We have seen that is no longer the case.

At least for this week as compared to last. However, we do watch daily and weekly, and I will tell you this is the first time that Stevenson Ranch has given a bit, and reduced in median sales prices – in a long time.

Not a HUGE amount, but enough to draw my attention to see that we maybe experiencing the very beginnings of a shift in real estate.

Not enough evidence for you?  It could go either way, but I do know something for sure, the rising interest rates did not help issues.

However, the thing that is keeping prices up for now is the lacking real estate inventory in the Santa Clarita Valley cities.

We have watched as the inventory has reduced all the way down to a 1 month factor with regard to the absorption rate.

Today, we are sitting at almost 2 months – that is better, but still anything but healthy.

Be safe – thanks for reading and to make sure you are getting the most recent Santa Clarita real estate market updates, make sure you use our MaCBox resource at our Main side and in the margin of this blog. (it’s the green thing…) 🙂

Type into it:  Market Updates to see our most recent PDF’s and installment of how the Santa Clarita real estate market is fairing.