Located in the Santa Clarita Valley, about 30 minutes north from the heart of Los Angeles, the City of Valencia stretches 200 square miles and is surrounded by three different mountain ranges. A relatively new town, being less than 40 years of age, Valencia has a fast-growing population which is currently at about 42,000 residents. (more)
Home to the Valencia Gateway, the largest and most remarkable business, technology and industry center in Los Angeles County with 1,400 businesses, community residents have no shortage of employment opportunities. The vigorous nature of the local economy yields profitable business prospects for everyone. Residents will find educational amenities through several school districts including the Newhall Elementary District, Saugus Union Elementary and William S. Hart Union High.
Newcomers to the Valencia area will enjoy a relatively moderate climate with summer temperatures ranging from 75 to 100 degrees, and average winters ranging between 40 to 65 degrees. Valencia's sunny climate lets residents enjoy the outdoors all year long. A wide assortment of recreational activities can also found within the area. The Castaic Lake Recreation Area offers sailing, jet skiing, boating and fishing with added opportunities for hiking, biking, camping and picnicking. Valencia is well known for its paseos that wind through the city offering residents quiet walks and jogs. These paseos are also used for biking, rollerblading and skateboarding. Six Flags Magic Mountain is also a popular attraction for all people alike and is located at Valencia's doorstep.
Valencia Real Estate & Housing
The real estate market in Valencia is comprised of mainly single-family homes with scattered opportunities to purchase a townhouse or condo. A standard 3 bedroom home equipped with 2 baths can be purchased in the mid-$400,000s. Slightly larger four-bedroom homes with three baths can be found listed just under $600,000. Larger homes with five or more bedrooms and three or more baths can be acquired from about $800,000 to well over $1 million. A typical 2 bedroom condo with 2 baths can be purchased in the low $300,000s. (more)
Valencia is abound with lovely neighborhoods and private gated communities. Westridge is considered one of the premier gated communities in Valencia Los Angeles, offers amazing custom homes with Spanish architecture. The Woodlands at Valencia is another great private gated community for golf lovers and has gorgeous views of the mountains. Bridgeport is a lovely Valencia neighborhood with a man made lake for those looking for lake front living.
Valencia Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $589,007 compared to $589,007 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.