I can’t believe we are in the middle of February! Per usual, I am here to provide you with your SCV Market Update, so I am going to get right to it so I can get back to enjoying the rainy weather we are having today.

Now let’s talk about prices. Below, I made two graphs: one is SCV as a whole, and the other I broke out into areas such as Canyon Country, Newhall, Saugus, Valencia, Stevenson Ranch, and Castaic. I plan to graph them independently as the year progresses.

Above, you will see single-family homes and condos. This covers all of Santa Clarita. The median sales price for single-family homes in January was $820k, while condos were at $528k. This is an increase, as single-family homes in December had a median sales price of $790k; however, condos have stayed flat. In December, the median sales price for condos in Santa Clarita was $530k.

Now let’s zoom in and see what happened in different areas of SCV.

Canyon Country
Overall, Canyon Country had a median sale price of $765k, but when we zoom in, we see there is more to the story. Single-family homes actually had an $805k median sale price, while condos came in at $390k.

Newhall
If we combined the median sale price of SFRs and condos, we would get $500k. However, if you are wanting to buy or sell your property, this might not be super helpful. For January, Newhall single-family homes had a median sale price of $780k, while condos had a median sale price of $500k. The median sale price of $500k overall is skewed because there were only 2 single-family sales that closed in January, compared to 8 condos that sold.

Saugus
Overall, the median sale price for Saugus was $826k, but let’s zoom in. Single-family homes had a median sale price of $845k, while condos came in at $590k.

Valencia
Overall, Valencia had a median sale price of $759k. When we separate single-family homes and look at those numbers by themselves, that median sale price changes to $795k. For condos, the median sale price was $625k.

Stevenson Ranch
SR tends to have the highest median prices. The overall median sale price was $1,070,000. That is also the single-family home median sale price. You will see in my graph that there is no bar for condos, and that is because there were no condo sales in Stevenson Ranch in January.

Castaic
The overall median sale price was $760k. Single-family homes came in at $760k as well. The median sale price for condos was much higher because there was only one condo sale, making the median sale price $860k.

One last note on prices
We are about where we were a year ago. Last year, Santa Clarita had an overall median sale price of $790k, compared to now, which is $760k. Single-family homes last year were at a median sale price of $825k, not far off from the $820k we are currently at. And condos were at $585k, compared to $528k.

These aren’t huge changes, and my guess is we will see prices slowly increase as we proceed into 2026. Rates are currently more favorable for buyers, and we can only hope it stays that way.

I am going to quickly talk about days on market, because there is not a whole lot to say here other than what I have said in my other updates.

Buyers: You do not have to rush. You can take your time compared to a few years ago. However, if rates do get lower, this could change, so there is a positive to buying now.

For sellers: You need to prepare your home. I check the MLS daily and see photos of properties with clutter on their counters and, quite honestly, messes. Or the photos are beautiful, but when I show my client the property, it is nothing like what they saw online. Sellers need to understand they have competition, and it does take work to sell a home. You also need to keep your home in showing condition the entire time, especially if you want to sell quicker than the average 62 days on market and for a good price.

I have seen ill prepared homes try to get top dollar and then have to drop the price significantly. There is a home in my neighborhood doing this exact thing, and in my opinion, it has cost them tens of thousands of dollars.

And just to drive the above data home, let’s take a look at active listings vs. closed sales for the month of January. Santa Clarita had 643 active listings in January and only 147 sales.

For buyers, this is great. They have plenty to choose from. For sellers, you have some competition and need to act accordingly. Sorry not sorry for being a broken record!

And again, we are mostly where we were last year. In January 2025, Santa Clarita had 664 active listings which is 21 more and 162 sales which is 15 more. So not much of a change.

If you are curious how this info applies to you, or have any other questions I would love to schedule a mini consultation! We can do it over coffee (my treat!) or Zoom. Click Here to set that up.