The Santa Clarita market update for March 2025 shows us a market that’s adjusting—but not collapsing. While some metrics may seem concerning at first glance, a closer look reveals stability and long-term strength in the local real estate market.

Median Home Prices Slightly Down, But Holding Steady

In March, the median sales prices for both single-family homes and condos in Santa Clarita experienced a slight dip. However, it’s important to focus on the big picture. Over the past five years, prices have remained steady with no drastic downturns.

📉 Key takeaway: We are not seeing a crash—just a small market correction. Homes are still selling for more than they did several years ago, proving that values in Santa Clarita remain strong over time.

Inventory Decrease Creates Unique Opportunities

Interestingly, inventory has dropped this month, which can be a positive for motivated sellers. With fewer homes available, sellers may benefit from less competition in the market.

This lower inventory, combined with a steady pricing trend, means buyers and sellers alike have opportunities—if they approach the market strategically.

Average Days on Market Still Over 50

Another key data point: the average number of days a home stays on the market is hovering just above 50. This is consistent with recent months and reflects the more balanced, thoughtful pace of today’s market.

While some buyers may be taking longer to make decisions, well-priced and well-prepared homes are still moving.

Santa Clarita Market Update: Pending & Closed Sales Are Down

There has been a dip in both pending and closed sales for March. This is typical during school breaks and holiday periods, and we expect to see activity pick up once spring break concludes and buyers return to their home search. For more info click here. 

Interest Rates Fluctuate Between 6.3% – 7%

Mortgage interest rates continue to fluctuate between 6.3% and 7%, depending on the loan type and buyer profile. Rates like these can influence affordability but haven’t significantly cooled buyer interest in well-priced homes.

Need help navigating your options? I can connect you with trusted local lenders who can break it all down for you.

What This Means for You

Whether you’re a homebuyer or a seller in Santa Clarita, the key is to be informed, prepared, and realistic. While homes aren’t selling overnight, they are still selling—especially when priced and presented right.

I’m Jessica Ranuschio, your local Santa Clarita real estate expert, and I’m here to help you interpret the data, understand your options, and move forward with confidence in any market.

Ready to Make a Move?

If you’re thinking about buying or selling, now is the time to strategize. Let’s talk about your goals and how to position you for success in today’s market.

📞 Contact me today for a personalized consultation.

For more Santa Clarita market updates and local real estate insights, follow @home661 or visit Home661.com.