Newhall, California, is a charming and historic town with a lot to offer prospective residents. Nestled in the heart of the Santa Clarita Valley, it combines a rich sense of history with modern amenities. The historic downtown area exudes a small-town charm with its quaint shops and eateries, making it a delightful place to explore.
The community is known for its excellent schools, safe neighborhoods, and strong sense of community, making it an ideal spot for families.
Nowadays, downtown Newhall is a weekend hotspot, filled with outstanding restaurants, a popular community theatre, public library, art gallery, shopping and more. The Newhall neighborhoods include a variety of subdivisions and they have become very popular, especially since the revitalization of Old Town Newhall.
Market Update 11/2023
As your trusted real estate professionals in Newhall, CA, we’re here to keep you informed about the latest market trends in our local area.
In the last 12 months, Newhall has seen significant activity with approximately 80 properties sold. The average sales price has increased to $655,000, reflecting the robust health of our local market.
Over the previous 6 months, the area witnessed 45 transactions. Properties continue to appreciate in value, with the average sales price rising to $675,000. This trend underscores the sustained demand and the strength of our market.
During the most recent quarter, 15 properties were sold in Newhall, and homes averaged just 38 days on the market before being snapped up. This rapid turnover rate is a clear indication of the high demand for homes in our neighbourhood.
We understand that whether you’re buying or selling property, these trends have direct implications for your real estate decisions. That’s why our team is committed to providing personalized service that takes into account your unique circumstances and goals.
As your go-to real estate guides in Newhall, we’re here to provide you with the most relevant information and clear, valuable advice.
Steve Portaro & Nicole Stinson Your Local Experts at ERG Properties CA DRE#: 01854096 (661) 816-4234 [email protected]