ADVERTISING SUPPLEMENT and then July through December sales took off, soaring past 2019 activ- ity. Given the demand, it's scary to think how busy it would have been with a de- cent inventory." Santa Clarita averaged a mere 326 active listings each San Fernando Valley 2020 Sets Record Sales, Prices Up in Santa Clarita, Inventory Plunges Home, Condo Prices; Sales Lag Southiand Regonal Association of Reators By Dane Sydel, President. and Dovid Waher Santa Clarita real estate crashed in May due to the pandemic, but it has been on fire ever since, surpassing 2019 tallies. Sales up. Prices soar- ing. Buyers hungry. Low interest rates. .. But no inventory. The 2,594 homes sold last year were up 10.5 percent over the prior year. Annual condominium sales of 1,050 units rose 13.4 percent. The annual home price was less than 1 percent shy of the record $610,350 set in 2019. And the condomin- z0o0 ium annual price rose 5.8 percent ee to a record $421,000. "2020 Soutmand Regonal Association of Reatons SOUTHLAND REGIONAL By Dane Sydel, President, and David Waker San Fernando Valley home and condominium sales surpassed 2019 totals from September ASSOCIATION OF REALTORS", INC. month last year. That compares to 2,232 average through December, a remark- able recovery after setting a "After the initial shock, the pan- demic brought buyers out in num- bers," said Diane Sydell, president said,"including multiple offers in abundance due to a depleted inven- tory." Nicole Stinson 2021 per month in 2007 or 1,124 in 2011.The monthly listing average was down 38.5 percent from record low in Chair, Santa Clarita of the As What a Ride! 2020 will be a 2020 Division Council May due to the Corona- virus lock- down, but the yearend rally still left sales at an annual record low, the Southland 2021 SRAR President Regional As- sociation of Realtors reported sociation. "As an con- essential year to remember, including service, multiple offers in abundance' record cluded with a, the prior year. And, at the end of December, there low 700 were only 193 active Realtors initially struggled, yet soon adapted | active listings for the Valley and a to mandated safety protocols in the showing of properties and San Femando Valley Single-Family Home Median Price-1985 to 2020 Santa Clarita Valley 24.1 percent decline in the annual average per month listing total. Average Annual Monthly Active Listings 2006 to 2020 listings, a 0.4-month 200 supply at the current Realtor Diane Sydel, pace of sales. Mean- while, interest rates, while bumping Friday. Realtors assisted 4,921 single- family home sales in 2020, down 4.9 percent from the prior year, and 1,799 condominium transactions, 200 200 2014 20 200 1500.000 was a crazy busy year for buyers and Realtors in Santa Clarita," said Nicole Stinson, chair of the Southland Regional Association of Realtors' Santa Clarita Division Council. "We hit rock bottom in May, spent June figuring out new COVID showing safety protocols, Soure Seand egol ATOR off 1.5 percent. up very Both totals marked the third consecutive annual decline, with the single-family home tally setting a record low that goes back to 1985, and the condo total the third lowest slightly in recent weeks from record- low levels, remain highly attractive. And, pending sales, a measure of future activity, increased 79.4 percent over 2019. Instead of "safer-at-home," the pandemic prompted some people to buy a home. on record. 0.000 The combined 6,720 home and condo sales throughout the San Fernando Valley yielded $5.9 billion for the local economy, not includ- ing the millions of dollars that real estate sales generate in landscaping, home repairs, and furniture and Realtors' Corner e 1 te T 1 0 01 2000 20s or 200 201 200 20s 200 20 marshaled technology, with virtual tours, that enabled buyers to make informed decisions. "But what a ride! 2020 will be a year to remember," she The total represented a 0.9-month supply, while the market typically needs a 5- to 6-month stock to provide some balance. "The listing shortage, record low interest rates, and heavy buyer Online Real Estate Store Suspended Effective immediately, the Southland Regional Association of Real- tors has suspended all transactions, including customer pickups, at its online real estate store, with only one exception - lockboxes. Lockboxes will still be available for delivery or via mail. For questions or assis- tance in the San Femando Valley, please cáll Debbie Rodriguez at 818-947- 2114. For the Santa Clarita Valley, contact Becky at 818-947-2294. For other essential member services, Realtors should send inquiries to the fol- appliance purchases. San Fernando Valley Single-Family Home Sales - 1985 to 2020 demand pushed prices to record 16.000 levels," said Tim Johnson, the As- sociation's CEO. The single-family home annual price shot up 11.1 percent over 2019 to a record $788,250 while the condominium annual price of $470,208 also set a record high, up 7.0 percent over 2019. Even with unique forces still in play, 2021 is primed to be busy: there were 570 pending escrows- a measure of future closed escrows 14.000 lowing departments by email: 12.000 Education: education@srar.com Membership: membership@srar.com MLS: misesrar.com MLS Violations: misviolationsesrar.com Professional Standards: professionalstandards@srar.com CRISNET Technical Support SRAR is partnering with CRMLS to provide uninterrupted CRISNet Technical support. For service please call 800-925-1525 Hours of Operation: Mon - Fri 8:30am - 9:00pm (English) Sat - Sun 10:00am - 3:00pm Mon - Fri 8:30am - 5:00pm (Spanish) Realtors also can visit the Califomia Association of Realtors website CAR.org and .000 - at the end of December, an increase of 24.7 percent over 2019. The Southland Regional Association of Reat tors is a local trade association with more than 10,300 members sering the San Fer nando and Santa Clarita Valleys. SRAR is one of the largest local associations in the nation. 4.000 2000 CAR.S Coronavirus microsite at https://www.carcovidupdates.org The San Fernando and Santa Clarita valley offices of SRAR are closed until state and local safer-at-home orders regarding the coronavirus pandemic are lifted, s 1 10 10 T6 2001 2s 2or 20 1 200 2015 2017 209 THE VOICE OF REAL ESTATE IN THE SAN FERNANDO AND SANTA CLARITA VALLEYS www.SRAR.com | Real Estate Questions? E-mail Diane Sydell, SRAR 2021 President, c/o DavidW@SRAR.com REALTORS is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code of Ethics. --- ADVERTISING SUPPLEMENT and then July through December sales took off, soaring past 2019 activ- ity. Given the demand, it's scary to think how busy it would have been with a de- cent inventory." Santa Clarita averaged a mere 326 active listings each San Fernando Valley 2020 Sets Record Sales, Prices Up in Santa Clarita, Inventory Plunges Home, Condo Prices; Sales Lag Southiand Regonal Association of Reators By Dane Sydel, President. and Dovid Waher Santa Clarita real estate crashed in May due to the pandemic, but it has been on fire ever since, surpassing 2019 tallies. Sales up. Prices soar- ing. Buyers hungry. Low interest rates. .. But no inventory. The 2,594 homes sold last year were up 10.5 percent over the prior year. Annual condominium sales of 1,050 units rose 13.4 percent. The annual home price was less than 1 percent shy of the record $610,350 set in 2019. And the condomin- z0o0 ium annual price rose 5.8 percent ee to a record $421,000. "2020 Soutmand Regonal Association of Reatons SOUTHLAND REGIONAL By Dane Sydel, President, and David Waker San Fernando Valley home and condominium sales surpassed 2019 totals from September ASSOCIATION OF REALTORS", INC. month last year. That compares to 2,232 average through December, a remark- able recovery after setting a "After the initial shock, the pan- demic brought buyers out in num- bers," said Diane Sydell, president said,"including multiple offers in abundance due to a depleted inven- tory." Nicole Stinson 2021 per month in 2007 or 1,124 in 2011.The monthly listing average was down 38.5 percent from record low in Chair, Santa Clarita of the As What a Ride! 2020 will be a 2020 Division Council May due to the Corona- virus lock- down, but the yearend rally still left sales at an annual record low, the Southland 2021 SRAR President Regional As- sociation of Realtors reported sociation. "As an con- essential year to remember, including service, multiple offers in abundance' record cluded with a, the prior year. And, at the end of December, there low 700 were only 193 active Realtors initially struggled, yet soon adapted | active listings for the Valley and a to mandated safety protocols in the showing of properties and San Femando Valley Single-Family Home Median Price-1985 to 2020 Santa Clarita Valley 24.1 percent decline in the annual average per month listing total. Average Annual Monthly Active Listings 2006 to 2020 listings, a 0.4-month 200 supply at the current Realtor Diane Sydel, pace of sales. Mean- while, interest rates, while bumping Friday. Realtors assisted 4,921 single- family home sales in 2020, down 4.9 percent from the prior year, and 1,799 condominium transactions, 200 200 2014 20 200 1500.000 was a crazy busy year for buyers and Realtors in Santa Clarita," said Nicole Stinson, chair of the Southland Regional Association of Realtors' Santa Clarita Division Council. "We hit rock bottom in May, spent June figuring out new COVID showing safety protocols, Soure Seand egol ATOR off 1.5 percent. up very Both totals marked the third consecutive annual decline, with the single-family home tally setting a record low that goes back to 1985, and the condo total the third lowest slightly in recent weeks from record- low levels, remain highly attractive. And, pending sales, a measure of future activity, increased 79.4 percent over 2019. Instead of "safer-at-home," the pandemic prompted some people to buy a home. on record. 0.000 The combined 6,720 home and condo sales throughout the San Fernando Valley yielded $5.9 billion for the local economy, not includ- ing the millions of dollars that real estate sales generate in landscaping, home repairs, and furniture and Realtors' Corner e 1 te T 1 0 01 2000 20s or 200 201 200 20s 200 20 marshaled technology, with virtual tours, that enabled buyers to make informed decisions. "But what a ride! 2020 will be a year to remember," she The total represented a 0.9-month supply, while the market typically needs a 5- to 6-month stock to provide some balance. "The listing shortage, record low interest rates, and heavy buyer Online Real Estate Store Suspended Effective immediately, the Southland Regional Association of Real- tors has suspended all transactions, including customer pickups, at its online real estate store, with only one exception - lockboxes. Lockboxes will still be available for delivery or via mail. For questions or assis- tance in the San Femando Valley, please cáll Debbie Rodriguez at 818-947- 2114. For the Santa Clarita Valley, contact Becky at 818-947-2294. For other essential member services, Realtors should send inquiries to the fol- appliance purchases. San Fernando Valley Single-Family Home Sales - 1985 to 2020 demand pushed prices to record 16.000 levels," said Tim Johnson, the As- sociation's CEO. The single-family home annual price shot up 11.1 percent over 2019 to a record $788,250 while the condominium annual price of $470,208 also set a record high, up 7.0 percent over 2019. Even with unique forces still in play, 2021 is primed to be busy: there were 570 pending escrows- a measure of future closed escrows 14.000 lowing departments by email: 12.000 Education: education@srar.com Membership: membership@srar.com MLS: misesrar.com MLS Violations: misviolationsesrar.com Professional Standards: professionalstandards@srar.com CRISNET Technical Support SRAR is partnering with CRMLS to provide uninterrupted CRISNet Technical support. For service please call 800-925-1525 Hours of Operation: Mon - Fri 8:30am - 9:00pm (English) Sat - Sun 10:00am - 3:00pm Mon - Fri 8:30am - 5:00pm (Spanish) Realtors also can visit the Califomia Association of Realtors website CAR.org and .000 - at the end of December, an increase of 24.7 percent over 2019. The Southland Regional Association of Reat tors is a local trade association with more than 10,300 members sering the San Fer nando and Santa Clarita Valleys. SRAR is one of the largest local associations in the nation. 4.000 2000 CAR.S Coronavirus microsite at https://www.carcovidupdates.org The San Fernando and Santa Clarita valley offices of SRAR are closed until state and local safer-at-home orders regarding the coronavirus pandemic are lifted, s 1 10 10 T6 2001 2s 2or 20 1 200 2015 2017 209 THE VOICE OF REAL ESTATE IN THE SAN FERNANDO AND SANTA CLARITA VALLEYS www.SRAR.com | Real Estate Questions? E-mail Diane Sydell, SRAR 2021 President, c/o DavidW@SRAR.com REALTORS is a federally registered collective membership mark which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS and subscribes to its strict Code of Ethics. ---