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Castaic: How is Your Neighborhood Doing?

Castaic, the beautiful northern crown of the Santa Clarita Valley, draws the attention of countless people looking to buy or sell a home each year. Just a short drive up the 5 freeway from Magic Mountain, Castaic represents the perfect balance of Santa Clarita coziness and a little extra privacy and distance from some of the city’s busy hustle-and-bustle. If you are one of these many people looking at the housing market in the region, check out these recent updates first.

Castaic Housing Market Update (2015 Data Set)

  • 309 homes were sold
  • Average home selling price was $462,000
  • Selling prices rose about 7% over 2014
  • Around 40% less homes were on the 2015 market than 2014
  • 7% of homes on Castaic market are in distress; 37% in distress in 2011
  • All data considered: Castaic saw a 1% market value increase

Castaic is a small borough of Santa Clarita, with only 20,000 or so residents living in the area. This equates to less homes being on the market than Valencia, Saugus, Newhall, and so on. With so many successfully sold in 2014, the current housing market there is comparatively sparse. If you are looking to buy a home in Castaic, you may have to act quickly before they are all snatched up. If you are looking to sell a home in Castaic, you might be pleasantly surprised to find several offers competing with one another; be sure you get the best value to you possible.

For help understanding and navigating the Castaic housing market, either as a buyer or a seller, you should work with Castaic real estate agent Dippy Chhina. She is well-known throughout the SCV for staying up to date with the ever-changing housing climate, and for keeping a genuine smile on her face all the while. Contact her office today to learn more about her services and the future home that might be out there waiting for you!