Homes and Real Estate for Sale in Newhall CA
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Newhall Homes and Condos Market Update


Single Family Homes Market Update for Newhall, CA


Fri Sep 08 2017 

This week the median list price for Newhall, CA is $629,999 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has held steady at or around 47. Click here to 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
100045

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

 

Real-Time Market Profile

Never miss important changes in the Newhall market.
Median List Price
$629,999
Per Square Foot
$263
Days on Market
81
Price Decreased
34%
Price Increased
9%
Relisted
15%
Inventory
47
Most Expensive   $2,175,000
Least Expensive   $215,000
Market Action Index 
Strong Seller's Market
45
Avg 7-DayAvg 90-DaySep 2014Nov 2014Jan 2015Apr 2015Jun 2015Aug 2015Nov 2015Jan 2016Mar 2016Jun 2016Aug 2016Oct 2016Dec 2016Mar 2017May 2017Jul 2017$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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