Housing prices remain steady, although we’re seeing some signs of the end of the “summer rush.”
August showed a steady pace in the Santa Clarita real estate market, with new information released by the Southland Regional Association of Realtors.
While there were no “wild rides” real estate-wise, we did see a market that held its own through what most consider the “dog days of summer.”
Median home prices and sales remained somewhat the same as July, with median sale prices holding at $415,000, which includes both single family residences and condominiums. We saw a slight drop in the number of home listings at 441 for August, compared to 500 in July, but the number of escrows opened and closed barely changed month over month.
Santa Clarita also saw only a slight drop in the median list price in August at $447,000 compared to $459,000. This accounts for typical pricing adjustments as the summer rush comes to an eventual close. Continue reading
Spacious and beautiful, this light, bright family home features breathtaking views!
Welcome to 32644 Sierra Oak Trail in Castaic.
This beautiful 4 bedroom, 2 and a half bath home features over 2700 square feet of living space, along with fantastic views of the surrounding areas.
As you enter, you’ll find an open, light and bright floorplan with a large living room featuring crown molding, and custom tile walkways.
The large kitchen has tons of cabinet and counter space, a walk in pantry, center island, recessed lighting, and a breakfast nook that provides breathtaking views of the surrounding hillsides.
You’ll enjoy entertaining in the spacious family room that comes with a fireplace and more gorgeous views.
The oversized open space loft area upstairs provides plenty of room for your favorite games, or can be used as an upstairs family room.
A master suite complete with balcony, large private bath and mirrored closets provides luxury and privacy.
The remaining three bedrooms are spacious and perfect for your growing family.
The backyard completes this gorgeous home with a relaxing spa and more incredible views.
Close to beautiful Castaic Lake, and only minutes from Interstate 5 and downtown Santa Clarita, Castaic is a great place to call home. Continue reading
Los Valles Housing Development Left For Dead In The Wake Of Recession Is Given New Life
A half decade ago, Los Valles was a dream community planned for Hasley Canyon in Castaic that would have featured just over 200 homes, 14 recreation lots and an 18 hole golf
course (Designed by none other than Arnold Palmer). Its completion at a time of high hopes and a rolling economy would have competed for home buyers against other luxury communities in Westridge and Sand Canyon.
Unfortunately, the recession came along just as the wheels of progress had begun to spin on Los Valles, and the project was put on hold as the housing crash dashed the hopes of the developers to make their dream project come true. The property ultimately became a victim of bankruptcy.
New Life, New Vision For Los Valles
The property was purchased as a foreclosure sale by a Delaware company which goes by the name of SFI Los Valles Company LLC, who intends to double the number of homes built for the development while abandoning the golf course altogether. Considered to be a “low density” community, lot sizes for each property plan to range from 7,000 to 12,000 square feet. While home layouts or specs have not officially been made available, word has it that the large lots will contain large homes, totaling 497 in number. Continue reading