Santa Clarita Real Estate Update
April, 2021 - Issue #198
courtesy of shutterstock
courtesy of shutterstock

Three Things to Know Now About SCV Real Estate
Homes are Selling Quickly at Every Price Point

From the $305,000 fixer-upper the Kathy Watterson Team sold in Saugus to the $1,462,500 estate the team sold in Sand Canyon in 2020, and the 70 priced in between, one thing is incredibly obvious: This tight market means homes are moving faster than "normal." How fast? That depends on the condition and price point of the home, but it's a true statement for every category across the board.
Right now, the median days on market is down by nearly 38 percent from this time last year - that's fast.
There's a Nearly Unprecedented Shortage of Homes for Sale in Santa Clarita
While the number is climbing, it's not a dramatic rise. There's still time to take advantage of this tight market. Well-respected Realtors have dozens of pre-qualified buyers waiting in the wings to buy homes like yours - yesterday.
SCV Homes are Selling for About 13 Percent More than Last Year and the Number is Climbing
Values are going up, up, up - and it's changing lives. Some homeowners are selling their home and using the proceeds for income-generating investment properties and beach-side condos. Others are funding retirement and college accounts. Still others are making big moves - overseas! One family recently sold their SCV home for hundreds of thousands more than they bought it for only a handful of years ago - and used those funds to buy the dream home they didn't think they could afford.
This remarkable increase in home sale price is sure to cap - and no one has a crystal ball that will tell us exactly when prices will plateau. What we do know is that, if you wait for a bigger ticket price down the road, you will most likely be competing against more homes on the market. If you're looking for a fast sale for a high price, now is a great time to reach out to a Realtor to find out how much your home is worth.
Let the Kathy Watterson Team of RE/MAX Santa Clarita with over 31 years of experience - put it to work for you! 510-0321

Everything You Love, All in One Address
You'll feel right at home in this beautifully-maintained four-bedroom, three-bathroom cul-de-sac home in the desirable Valencia "Wildrose" community.
This light-and-bright home features 1,985 square feet of living space with an attached two-car garage and spacious private patio with above-ground spa.
The moment you step foot in the well-appointed living room, you will notice the rich, dark-colored bamboo-wood flooring, recessed lighting and cozy formal living room.
The adjacent dining area is a perfect place to host cozy family dinners. The open kitchen comes equipped with granite countertops, a large center island, Viking stove, stainless-steel appliances, plenty of cabinetry and a separate dining area.
The family room features a gas fireplace to cuddle up next to on those chilly winter nights. Conveniently located downstairs is the laundry room and powder room.
Upstairs, you will find all four bedrooms. The lovely master bedroom boasts a walk-in closet, high ceilings and master bath with dual sinks, separate walk-in shower and soaking tub.
Smart improvements can be found throughout the home, including surround sound, a Nest thermostat, ADT alarm system and SMART sprinkler system.
This family-friendly community features a community pool, spa, clubhouse, barbecue area, playground and picnic area. Your new address is located in close proximity to schools,
the freeway, shopping, walking paseos, parks, restaurants and city transportation.
Craig Martin's "Home of the Month" can be found at 28308 Berylwood Place in Valencia. Craig Martin is number one in his office in sales and ranks in the top 1 percent of Realtors in Santa Clarita. He was also featured on TLC's "Flip That House" and recently on "Yahoo! Finance" as a top California Realtor. 466-4663
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