Santa Clarita Homes for Sale

Home sales in Santa Clarita are breaking records and have been for the past three years due to favorable interest rates and high demand. The city is located in Los Angeles County just 35 miles northwest of LA. It covers approximately 47 square miles. The population, as of March 2006, is estimated at 177,418 with a median resident age of 33 years old. Santa Clarita was the fastest growing city among the cities with a population of 150,000 in 2003.

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Housing prices in Santa Clarita have continued to rise at a steady rate since 1998. The median price for housing in that year was about $205,000 with the median price rising in 2002 to $312,858. The sale of single family homes continues to increase, and since Santa Clarita is an affluent city, you may find home pricing anywhere from the mid $180,000’s to $1.5 million. The average home price, however, is around $540,000.

Choices for Homes in Santa Clarita range from single-family residences to condos, apartments, and even assisted living facilities. Over 40% of the new homes sold in 2004 were condominiums. There is a distinct increase in these dwellings since the prices are more affordable, and there is less maintenance. Apartments are not as readily available because living in Santa Clarita is highly desirable and rents continue to rise. The average rent on a two-bedroom apartment for example was around $1,450 in 2004.