AREA HOME SALES BUILDING PRICES RISE IN HOT REGIONAL MARKET.Byline: Kathleen Sweeney Staff Writer SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country, - Housing sales continued to soar SOAR - 1. State, Operator And Result. A general problem-solving production system architecture, intended as a model of human intelligence. Developed by A. Newell in the early 1980s. SOAR was originally implemented in Lisp and OPS5 and is currently implemented in Common Lisp. last month in the Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. as the median price for a home increased by $9,000, the Southland south·land or South·land n. A region in the south of a country or an area. south  land·er n.Noun 1. Regional Association of Realtors announced Monday. The median price of a home increased to $274,000 compared with $240,300 a year ago. A total of 508 properties changed hands from May to June, up more than 26 percent from June 2000. Of that, 350 single-family homes closed escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. , an increase of 38 percent from last year and 10 percent higher than May sales, officials said. Condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. resales totaled 158 units during June, up 6 percent from a year ago. The median price also rose by about $10,000 from May to June to $158,000. Low interest rates and the quality of life offered in Santa Clarita keeps the housing market strong and steady, said Nancy Troxell, president of the Santa Clarita Valley Southland Regional Association of Realtors. ``The market is just going gangbusters,'' she said. However, pending escrow dropped 8 percent from May to June, though it was 60 percent higher than a year ago, she said. This is mostly due to the lack of available homes for sale. ``Sellers, don't get too greedy greed·y adj. greed·i·er, greed·i·est 1. Excessively desirous of acquiring or possessing, especially wishing to possess more than what one needs or deserves. 2. because the buyers will wait,'' Troxell said. ``The lack of inventory continues to be an issue with buyers. They aren't willing to settle on what is available, but the numbers are still staggering.'' Santa Clarita Valley Home Sales Date Closed Escrows Median Price June 2001 508 $242,500 June 2000 402 $205,000 Change from June 2000 +26.4% +18.3% May 2001 483 $227,000 Change +5.2% +6.8% - Southland Regional Association of Realtors CAPTION(S): chart Chart: Santa Clarita Valley Home Sales (see text) |
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