Latest / Connor with Honor: AI, Real Estate and Real Life / Santa Clarita real estate update October 2025 by Connor with honor at Santa Clarita Open Houses
Transcript
- 0:00SPEAKER_00: 1027, 2025.
- 0:01SPEAKER_00: Good morning, good afternoon, good evening.
- 0:03SPEAKER_00: Whenever you're watching this, we're going to talk about the Santa Clarita Real Estate Update.
- 0:07SPEAKER_00: You can see all the properties, all the information at Santa Clarita Openhouses.com.
- 0:11SPEAKER_00: You can see everything that's currently on the market for coming soon listings.
- 0:16SPEAKER_00: Go to Santa Clarita coming soon.com and you'll be able to have those emailed to you.
- 0:20SPEAKER_00: If you have your own agent, hit them up.
- 0:23SPEAKER_00: Ask them, hey, please send me the coming soon listings.
- 0:26SPEAKER_00: That's the only way you're going to get these.
- 0:27SPEAKER_00: You're not going to see them on Zillow, Redfen, or the other syndication websites.
- 0:30SPEAKER_00: And yes, lighting is a thing, so that's why I have so many.
- 0:34SPEAKER_00: I think it just makes the skin a lot more fresh.
- 0:36SPEAKER_00: All right, let's move into this.
- 0:37SPEAKER_00: Coming Soon listing three.
- 0:39SPEAKER_00: 67 properties have been placed on the market in the past seven days.
- 0:42SPEAKER_00: 77 properties have had their prices change.
- 0:44SPEAKER_00: Not an unusual number.
- 0:45SPEAKER_00: That's about normal for this time of year.
- 0:48SPEAKER_00: 16 properties have fallen out of escrow.
- 0:50SPEAKER_00: That's actually lower than we've been seeing.
- 0:51SPEAKER_00: We've been seeing in the 20s and 30s these past several weeks.
- 0:54SPEAKER_00: Active under properties 36, pending 55, 72 closed, 14 expired, 12 canceled, 13 have been put on hold, six have been withdrawn from the market.
- 1:03SPEAKER_00: Now let's go back real quick and look at these back on market properties, those ones that have fallen out of escrow.
- 1:08SPEAKER_00: The reason why so few have fallen out is because there's less inventory available.
- 1:13SPEAKER_00: And I'll give you that number, but we've been watching this decline over the past several weeks as we've moved from the actual uh hotter market in the March and summer, spring, summertime, and then where we are today.
- 1:26SPEAKER_00: We were up in 850s, 860s, 669, 669 total active listings on the Santa Clarita real estate market for sale.
- 1:34SPEAKER_00: That's gonna include single family residences, condominiums, townhomes.
- 1:38SPEAKER_00: Here's the thing if you're a seller out there, you're gonna need to really price your property correctly.
- 1:42SPEAKER_00: You're gonna need to look at the comps, and other than that, you're gonna have to get an opinion as to if your property might have any unicorn type features setting it apart from the other properties that have sold in the last 180 days or those that you're gonna currently you're gonna be in competition with.
- 1:56SPEAKER_00: So you need to have your agent explain that, do a walkthrough of your house, and point out the various anomalies that you might be able to correct for very little to no money.
- 2:05SPEAKER_00: Injecting money at this particular time because of the low inventory is probably not the best game, but you do have to get your house at least up to the same bar as those others on the market.
- 2:16SPEAKER_00: Now, if your property has certain tendencies like unicorn features, maybe it's a single story amongst a bunch of two-story residences, that could be something that a buyer would be willing to pay more for.
- 2:26SPEAKER_00: You, your agent, you should be, they should be able to work that out and give you those numbers.
- 2:31SPEAKER_00: That's where they're going to beat any syndication, any online value.
- 2:34SPEAKER_00: That's where they're going to come in and beat everything by giving you that correct price because they're in the market, they understand it.
- 2:41SPEAKER_00: Here's just a little bit of warning.
- 2:43SPEAKER_00: Make sure you look at the numbers they're giving you and be critical.
- 2:46SPEAKER_00: Don't just accept what they're saying.
- 2:48SPEAKER_00: Ask, ask why and ask them to explain it.
- 2:52SPEAKER_00: All right, Santa Clito Openhouses.com.
- 2:54SPEAKER_00: We'll see you tomorrow.