selling your Stevenson Ranch home? If done correctly, you could be collecting
big on profits. Careful planning, preparation, and the handling of real
estate transactions are not all it takes to land a successful sale, though;
you also need to know about the housing market’s recent performance
for your neighborhood. Before you jump straight into trying to sell your
home, take a second to review what has been happening in the area lately.
Dippy Real Estate collects market data for all the neighborhoods of Santa
Clarita and publishes them in
Dippy’s Digest. According to the most recent findings (2015), the average selling price
for a home in Stevenson Ranch was $629,000; this number is the average
sum of the 236 homes sold there in 2015. While this is actually a 6% rise
from 2014, it is a full 7% less than the prices set for homes as they
enter the market. It is estimated that only 18 homes are currently for
sale in Stevenson Ranch, a drop of 27% from last year, which indicates
that when a home does go up for grabs, people jump at the chance to
buy it. Who can blame them? Stevenson Ranch is one of the most beautiful areas
of the Santa Clarita Valley with convenient location to the 5 freeway.
1% of homes sold in Stevenson Ranch were previously distressed, meaning they
were owned by the bank or sold through short sales. This is incredibly
encouraging for the market as a whole, for back in 2012, a staggering
45% of homes in the area were distressed. It would appear that people
who are deciding to live in Stevenson Ranch are setting up affordable
pricing that will not prove too much for their finances.
How You Should React to the Data
Now that you know more about Stevenson Ranch’s housing market, you
can make your choice with more confidence. If you want to sell now, you
will most likely find a buyer. The 6% rise in pricing in one year and
limited number of homes for sale do indicate that the pricing for home
could increase even more given a year or two, depending on supply and
demand trends. To make an informed decision that does not leave you guessing
or with regret, let Santa Clarita Realtor Dippy China help you!
Contact her today for more information about her services.