Here are some great Santa Clarita Short Sale Statistics compiled by Paul Atkins over at Re/Max of Santa Clarita. He did an excellent job at pointing out the differences bewteen march, April, and May 2008 numbers in the Santa Clarita real estate market, specifically short sales.
Here goes:
March 7th
April 7th
May 7th
FROM MARCH 7th TO MAY 7th (60~days) we have had:
Increase in short pay listings of +11.8%
Decrease active inventory of -8.8%
- Stevenson Ranch….. 122~active….. 14~are short pay… = 11%
- Stevenson Ranch…….127~active…..24~are short pays..= 19%
- Stevenson Ranch ……….129~active…….19~are short pays……= 15%
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- Valencia………………..447~active….. 101~are short pay..= 22.5%
- Valencia………………..442~active……121~are short pay.= 27%
- Valencia……………………….377~active………133~are short pays.= 35%
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- Saugus………………….357~active…….99~are short pay…= 27.7%
- Saugus………………….334~active……125~are short pay = 37%
- Saugus…………………………300~active………138 are short pays..= 46%
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- Canyon Country……….570~active…… 184~are short pay..= 32%
- Canyon Country………..546~active……206~are short pay..= 38%
- Canyon Country…………….504~active……….221~are short pays..= 44%
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- Castaic…………………..194~active….. 50~are short pay…..= 25.7%
- Castaic…………………..189~active……55~are short pay….= 29%
- Castaic…………………………..184~active………67~are short pays….= 36%
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- Newhall…………………….266~active… .66~are short pay….= 24.8%
- Newhall…………………….264~active……77~are short pay…= 29%
- Newhall…………………………..238~active………..82~are short pays…= 34%
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- Acton Agua Dulce……..158~active…. 19~are short pay….= 12%
- Acton / Agua Dulce…….155~active…..19~are short pay…= 12%
- Acton / Agua Dulce………….144~active…….18~are short pays….= 12%
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- All SCV……………………2,114 active 533~are short pays….= 25%
- All SCV…………………….2,057 active 627~are short pays…= 30.4%
- ALL SCV………………………….1,876~active….691~are short pays……= 36.8%
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- ALL SCV..691 SHORT PAYS..
- 527 OF THESE UNDER $500,000 =
- 76% of short pays are under $500,000.
- 24% over $500,000
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