Santa Clarita Valley Real Estate Market Update - May, 2025

Good afternoon to our clients and friends,

As we move deeper into spring, the Santa Clarita Valley is blooming with both natural beauty and real estate activity. The warm weather, longer days, and the school year winding down make this a pivotal season for both buyers and sellers. Let’s dive into the latest market insights to help you navigate your real estate journey with clarity and confidence.

Southern California Market Overview

Southern California home sales increased for the second consecutive month in April 2025, though they remain subdued compared to long-term averages. According to the California Association of Realtors (C.A.R.), existing home sales across the region rose 3.2% month-over-month and are up 4.1% from April 2024.

The median sale price in Southern California climbed to $835,000, marking a 10.6% year-over-year increase. This price growth highlights steady demand despite ongoing affordability challenges. Inventory remains tight, with active listings still 25% below pre-pandemic norms. Mortgage rates in the mid-6% range continue to influence buyer behavior, yet the appeal of the Southern California lifestyle keeps values strong.

National Housing Market Snapshot

Across the U.S., the housing market is showing signs of cautious optimism. According to the April 2025 Monthly Housing Trends Report from Realtor.com:

• National median listing price: $430,000 (up 3.8% year-over-year)

• Active listings: Down 30.2% compared to April 2023

• Average time on market: 50 days (slightly longer than last year)

While high borrowing costs are still a factor, slight improvements in inflation and the potential for a Fed rate cut later this year may boost buyer confidence in the months ahead.

Santa Clarita Valley Market Update – April 2025

Locally, the Santa Clarita Valley continues to show strength and stability, supported by healthy demand, moderate inventory levels, and steady price growth across its six primary communities. The real estate market remains competitive, with most homes receiving multiple offers and moving quickly—especially in desirable neighborhoods like Stevenson Ranch and Valencia.

Median Sale Prices (CRMLS, April 2025):

• Stevenson Ranch: $1,100,000

• Valencia: $872,500

• Saugus: $829,000

• Canyon Country: $831,250

• Castaic: $846,300

• Newhall: $730,000

• Unincorporated SCV: $790,000

Sales Volume by Area:

• Valencia: 82 homes sold

• Canyon Country: 46

• Saugus: 41

Average Home Size:

• Stevenson Ranch: 2,708 sq ft (largest)

• Newhall: 1,441 sq ft (smallest)

Average Days on Market:

• Fastest: Stevenson Ranch (11 days)

• Longest: Newhall (26 days)

According to Zillow (May 2025), Santa Clarita’s average home value is now $786,246, up 3.7% year-over-year. Individual city trends include:

• Stevenson Ranch: $1,017,195 (↑2.4%)

• Castaic: $764,622 (↑1.1%)

• Canyon Country: $743,024 (↑2.5%)

These figures reflect a resilient and moderately appreciating market. With homes going pending in as few as 11–23 days depending on location, serious buyers need to be prepared to act quickly, while sellers should leverage this momentum with strategic pricing and staging.

Sources: CRMLS (April 2025), Zillow Home Values (May 2025)

Tips for Buyers and Sellers This Season

For Buyers:

• Get pre-approved before house hunting—many sellers won’t consider offers without it.

• Be prepared to act quickly, especially in sought-after neighborhoods.

• Consider total homeownership costs including taxes, insurance, and HOA dues.

For Sellers:

• Fresh landscaping, neutral paint, and small upgrades can increase your home’s appeal.

• Homes that are clean and move-in ready tend to receive stronger offers.

• Consider pricing strategically from the start to generate buzz and avoid price reductions.

• Offering buyer credits toward rate buydowns or closing costs can be a smart incentive in a high-rate environment.

Local Events to Watch in Santa Clarita

Spring is a perfect time to enjoy everything the Santa Clarita Valley has to offer. Here are some local favorites happening this season:

• Cowboy Festival at William S. Hart Park (Late May): Celebrate Western heritage with live music, food, and artisan vendors.

• Concerts in the Park (Starting June): Free Saturday night music at Central Park—a Santa Clarita tradition.

• Farmers Markets:

  • Sundays in Old Town Newhall

  • Thursdays at College of the Canyons

Neighborhood Spotlight – Fillmore, CA

Nestled in Ventura County just northwest of Santa Clarita, Fillmore is undergoing a significant transformation. With its small-town charm and growing number of new developments, it’s quickly becoming a destination for buyers seeking affordability, space, and community.

New Residential Developments:

• Heritage Grove: Offers spacious homes ranging from 2,386 to 3,542 sq ft, with prices starting in the high $800,000s. The community features a 27-acre nature park, walking trails, and picnic areas.

• Heritage Valley Park: A new 135-unit development that includes ADUs, a mile-long bike path, and an 8.8-acre park to promote affordability and community connection.

Downtown Revitalization:

The City of Fillmore is actively investing in its historic downtown area through a rehabilitation grant program and beautification projects—enhancing its appeal with improved streetscapes, new landscaping, and the iconic Fillmore Sign.

With its blend of scenic surroundings and strategic development, Fillmore presents an attractive alternative for those looking to live near Santa Clarita without sacrificing lifestyle or accessibility.

If you’re thinking about buying or selling this spring, we’re here to provide expert guidance every step of the way.

Please don’t hesitate to reach out for a personalized market consultation or with any questions.