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Welcome to the Canyon Country Real Estate Podcast, brought to you by SantaClaritaOpenHouses.com! Today is January 3, 2025, the 3rd day of the year, and we’re kicking off Week 1 with a deep dive into one of Santa Clarita Valley’s most dynamic communities: Canyon Country.
Let’s start with a quick look at the Santa Clarita Valley 7-day real estate snapshot:
- 5 properties coming soon
- 43 new listings
- 15 price changes
- 15 back on market
- 35 closed sales
- 22 expired listings
This mix of activity highlights a busy market as we begin the year, with price adjustments and expired listings showing that sellers need to remain competitive in today’s shifting landscape.
Focusing on Canyon Country, here’s what’s happening:
- 115 active listings, ranging from $369,800 to $1,799,000.
- The average list price is $675,000, making Canyon Country a sweet spot for buyers seeking both affordability and variety.
- Homes in this area are spending an average of 63 days on the market, a reminder that pricing and presentation are key for sellers.
Over the past month, Canyon Country saw 35 closed transactions, with homes selling for a median price of $725,000 at 99.9% of the list price. This shows steady demand, particularly for well-priced homes in move-in-ready condition.
National Trends and Local Impact:
Nationally, we’re seeing stabilizing mortgage rates, currently hovering around 6.5%. This gives buyers renewed confidence while encouraging sellers to remain competitive. Locally, Canyon Country is reflecting these trends, with buyers re-entering the market and sellers adjusting prices to meet demand.
On the luxury end, demand for high-end homes continues to grow, with Canyon Country properties up to $1.8 million showcasing spacious lots and modern amenities. Meanwhile, first-time buyers and families are drawn to the area's affordability and proximity to excellent schools, parks, and outdoor spaces.
For more details and to explore homes for sale, visit our full blog post at SantaClaritaOpenHouses.com and our Google Business update at posts.gle/qwbYu6.
Closing Thoughts:
Whether you’re buying, selling, or just exp
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