Newhall Homes and Market Update

Single Family Home Market Update for 
Newhall, CA

Wed May 31 2017 
This week the median list price for Newhall, CA is $599,000 with the market action index hovering around 47. This is an increase over last month's market action index of 42. Inventory has increased to 51. Stay informed with the Newhall market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

 Today
 Last Month
100047

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

 

Real-Time Market Profile

Never miss important changes in the Newhall market.
Median List Price
$599,000
Per Square Foot
$299
Days on Market
80
Price Decreased
25%
Price Increased
4%
Relisted
8%
Inventory
51
Most Expensive   $1,799,000
Least Expensive   $333,180
Market Action Index 
Strong Seller's Market
47
Avg 7-DayAvg 90-DayMay 2014Oct 2014Mar 2015Jul 2015Dec 2015Apr 2016Sep 2016Feb 2017$450K$500K$550K$600K$650K$700K$750K$800K

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.


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