Sunday, November 9, 2008

Santa Clarita Number Crunching

From fellow Santa Clarita Realtor and buddy Paul Atkins (per email 11/6/2008):

  • Activity (Closed Sales) up 85.7%, September2008 versus 2007
  • Pending Home Sales up 148.4%, September 2008 versus 2007
  • Homes on Active status Down 36.3%, September 2008 versus 2007

All the numbers look good for a recovery in SCV!

Current Inventories as of September statistics:

  • Stevenson Ranch: 4.6 months inventory
  • Valencia: 5.3 months
  • Saugus: 4.6 months
  • Canyon Country: 5.4 months
  • Castaic: 5.6 months
  • Newhall: 6.1 months
  • Acton/Agua Dulce: 16.8 months
  • All of SCV: 5.59 months

Except for Acton/Agua Dulce, short sales or REOs account for between 49-66% of Active Properties on the market, based on September numbers.

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