As we wrap up November 2024, I’m thrilled to report that the local real estate market remains strong, with positive trends across the board! Whether you’re looking to buy, sell, or just stay informed, here’s everything you need to know about last month’s market performance.

Median Sales Prices Continue to Rise

Both single-family homes and condos saw a significant increase in median sales prices this past month. This is fantastic news for sellers as home values remain strong and competitive. Even with slight market shifts, sellers are still achieving top-dollar returns on their properties.

Homes Are Still Selling for Top Dollar

Despite changes in the market, homes are still selling at excellent prices. Buyers recognize the value in our community, and demand continues to drive great offers for sellers.

Days on Market Have Increased

The one notable shift we’ve seen is an increase in days on market. Homes are taking a bit longer to sell and receive offers compared to earlier in the year. Sellers, this is where patience becomes key! While it may take a little more time, rest assured that you are still positioned to get outstanding results when selling your home.

Sellers: Stay Positive, Returns Are Still Great

For those considering listing their homes, the market remains favorable. While buyers may take a bit longer to decide, properties are still selling for top value. The upward trend in home prices speaks for itself—it’s a great time to sell!

Questions About the Market? Let’s Chat!

As your trusted local realtor and Santa Clarita Valley expert, I’m always here to answer your questions, provide insights, and help you navigate the ever-changing real estate market. Whether you’re buying, selling, or just curious about your home’s value, let’s connect!

Contact Jessica Ranuschio

  • Your Local Real Estate Expert
  • Serving Santa Clarita Valley and Beyond

Looking to stay up-to-date on the market? Bookmark my website for regular updates and local insights. The November numbers are proof that our community remains strong, and there’s plenty of opportunity for both buyers and sellers alike!