Price per square foot Santa Clarita real estate this is a rarely used metric in real estate sales

Connor with Honor - Managing your real estate health in Santa Clarita, Los Angeles California, and beyond!

Good morning, Santa Clarita! This is Connor with Honor, your trusted real estate expert. Today is May 24, 2024, and I'm here with your daily real estate update.

Seven-Day Snapshot:

• Coming Soon: 11 listings
• New Listings: 49 properties
• Price Changes: 61 properties
• Back on Market: 21 properties
• Active Under Contract: 22 properties
• Pending: 57 properties
• Closed: 71 properties
• Expired: 3 properties
• Canceled: 6 properties
• Hold: 14 properties
• Withdrawn: 3 properties

Hot Headlines in Real Estate:

1. California's Real Estate Market Shows Resilience:
   Despite recent economic fluctuations, California's real estate market continues to display resilience, particularly in sought-after areas like Santa Clarita. Homebuyers are showing increased interest due to favorable mortgage rates and the area's quality of life.
2. Green Homes on the Rise:
   There is a significant increase in the demand for green homes. Homebuyers are prioritizing energy-efficient features and sustainable building materials, making these properties highly desirable and often commanding higher prices.
3. Tech Innovations Transforming Real Estate:
   From virtual tours to AI-driven market analysis, technology continues to revolutionize the real estate industry. These advancements are helping buyers and sellers make more informed decisions quickly and efficiently.

Seller Insights:

For sellers, understanding the market's current price per square foot can be crucial. Here’s an insight into Valencia's market:

• Valencia ZIP Code 91355: The average price per square foot for a single-family home is currently around $460. If you're looking to sell a three-bedroom home in this area, you can expect to list it at competitive rates based on this metric.

Buyer Tips:

For buyers seeking homes in Valencia, here's what you can expect:

• Three-Bedroom Homes in ZIP Code 91355: The price per square foot is approximately $460. This gives you a benchmark to evaluate the value of the properties you're interested in.

Notable Properties:

Let’s take a look at some interesting properties currently on the market:

1. Listing ID SR24105297:
   • Address: 19501 Delight St
   • Status: Canceled
   • Price: $850,

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From first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.
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