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REMAX of Valencia CA Realtors at http://Paris911.com are looking at the current real estate market conditions for single-family homes, trends and pricing, current levels of supply demand, and value …

REMAX of Valencia CA Realtors at http://Paris911.com are looking at the current real estate market conditions for single-family homes, trends and pricing, current levels of supply demand, and value metrics gives us the latest marker report for the Santa Clarita Valley cities. This report is for the week of May 5, 2014 presented by Connor and Paris McIver, RE/MAX of Santa Clarita California, and Remax A Valencia California. The media list price in Santa Clarita this week is $542,450. There are 106 properties that of been on the market for an average of 76 days and the market action index has been trending down lately, while days on market is climbing, providing mostly bearish signs for the market. In reference to supply and demand, home sales continue to outstrips supply in the market action index has been moving higher for several weeks. This is a sellers market so watch for upward pricing pressure in the near future if this trend continues. The market action index answers the question of how is the market? By measuring the current rate of sale versus the amount of inventory. Indexes above 30 indicates a sellers advantage indexes below 30 conditions give the advantage to the buyer. Additional resources for reading http://blog.paris911.com and for the Sellers in Santa Clarita California http://realtor.paris911.com

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