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Sand Canyon Real Estate Market Update

| Sand Canyon Journal | December 9, 2017

by Tracy Hauser

Amazing to believe we’re almost to the end of 2017!!!!! And what a year we have had, too. Home values are still on the rise and inventory is still very limited in some price points. Currently there are 18 homes listed in Sand Canyon, ranging in price from $665,000 up to $2,998,850. As of November 27 there are 10 homes in escrow and, so far this year, 36 homes have sold in the canyon, ranging in price from a little tear-down at $399,900 to the Quail Manor Estate, with its 8 bedrooms and 8 baths in more than 8,000 square feet, selling at $2,650,000.

Barring a catastrophic event next year, all indications are pointing to home values rising another 4, 5, or 6 percent-plus next year. Santa Clarita is very appealing to home buyers coming from other parts of Los Angeles County looking for a good value and a clean, safe place to live. Take, for example, what homes from 1,100-1,600 square feet are selling for in Burbank. Over the last 90 days, 68 homes have sold in this criteria ranging from $560,000-$925,000 and most of these homes were built in the 1940s & 1950s — charming, but not the best floor plans to live in.

If you’re a long-term local and have lived here 30-plus years like I have, you too can remember Santa Clarita before the Town Center Mall, plus the numerous parks, bike and walking trails, among other amenities. As our town keeps getting better, our home values keep going up because we’re attracting new residents who see the great value in this community.

For more information about what’s happening, join “The Canyon Country Come Up” Facebook page, where my team and I will be posting more about Sand Canyon Plaza, Vista Canyon and other upcoming projects in town.

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661-254-2055 – Office • 661-755-1960 – Direct • www.TracyTeam.com • 23929 Valencia Blvd Suite 311

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Santa Clarita Gazette and Free Classifieds is a locally owned weekly publication. Each week you will find news, opinion, sports and more plus over 200 classified ads online and in print! Each week’s issue is printed and distributed on Thursdays and Fridays, the full edition is also here on the web site on Thursdays as a page flip. All of the articles and classified ads are online and display ads are printed and appear on various pages of the web site to correspond with the print ad.

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