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Single Family Home Prices Leap Forward In March

Median home prices take a 6 percent jump over February.

Recent statistics released by the Southland Regional Association of Realtors showed the median price of single family homes in the Santa Clarita Is it time to refinance your home?Valley rose over 6% to $520,000.

To put this in better perspective, that’s a $30,000 increase in equity over February.

Homeowners in Santa Clarita have enjoyed steady growth in property value for the past 2 years when prices rebounded in 2013 along with a 14 percent overall rise throughout that year. 2014 saw a 12 percent increase in prices, and this year looks to continue in the same vein. read more