Latest / Connor with Honor: AI, Real Estate and Real Life / Sellers Only Agent Santa Clarita real estate market update June 23, 2026

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Sellers Only Agent Santa Clarita real estate market update June 23, 2026 · Connor with Honor: AI, Real Estate and Real Life

• 0:00
  SPEAKER_00: June 23rd, 2026.
• 0:02
  SPEAKER_00: Good day, good morning, good afternoon, good evening.
• 0:04
  SPEAKER_00: I hope everybody's fantastic.
• 0:05
  SPEAKER_00: We're going to talk about what's happening in the market.
• 0:07
  SPEAKER_00: The Board of Realtors is up and running this morning.
• 0:11
  SPEAKER_00: Yesterday it was down.
• 0:12
  SPEAKER_00: 736 total active listings on the market.
• 0:15
  SPEAKER_00: We have 10 coming soon.
• 0:16
  SPEAKER_00: 79 new listings have been posted these past seven days.
• 0:19
  SPEAKER_00: 83 properties have had their prices changed.
• 0:22
  SPEAKER_00: These are all reductions.
• 0:23
  SPEAKER_00: We have 11 properties that have fallen out of escrow.
• 0:26
  SPEAKER_00: That number is actually eking down a little bit.
• 0:28
  SPEAKER_00: So we're not seeing as many properties cancel and uh get back onto the market.
• 0:32
  SPEAKER_00: But that is an opportunity for buyers.
• 0:35
  SPEAKER_00: You go up first time, don't get your offer accepted because it was substandard, or they chose somebody else because of maybe some kind of a different offering.
• 0:44
  SPEAKER_00: And then that property, watch it, make sure your agent keeps their eye on it, like a good agent should.
• 0:49
  SPEAKER_00: And then if in fact this property starts to teeter, falls out of escrow, then you step in and you're the savior for the seller.
• 0:57
  SPEAKER_00: 26 days, uh, 26 properties have gone active under contract, 47 properties have gone pinning, 42 closed, six expired, 12 canceled, 12 have been put on hold, and five have withdrawn.
• 1:07
  SPEAKER_00: What does that mean?
• 1:08
  SPEAKER_00: Well, the Santa Clita market is moving in the residential bio realm, but it's not moving as fast as it typically would this time of year, and that happens to be because of the particular economy that's existing, the war, and the interest rates.
• 1:21
  SPEAKER_00: Nothing really seems to be changing on that front, except not great news, but a little bit worse news as far as buyers go and the interest rates and as they're being increased.
• 1:31
  SPEAKER_00: Now, I will tell you, purchasing real estate, if interest rates are pricing you beyond your capability to buy a house, then that's it.
• 1:38
  SPEAKER_00: You have to wait until they come down.
• 1:40
  SPEAKER_00: You have to wait until there's some adjustment somewhere, borrowing money, getting a raise, getting another job, all of these sorts of things.
• 1:47
  SPEAKER_00: If you really want to buy real estate, of course, that's that's the truth.
• 1:50
  SPEAKER_00: But if you're still qualified and you're buying, make sure you're buying not because you're hoping interest rates are going to come down at some point in the future.
• 1:59
  SPEAKER_00: Whatever you're buying, if it's going to be using a 30-year fixed loan, which is a very typical type of loan, you want to stick with it and understand that that interest might stay where it is.
• 2:09
  SPEAKER_00: If you're using an adjustable rate mortgage, people sell seem to be selling a lot of those now.
• 2:15
  SPEAKER_00: It's going to be dependent on future increases or decreases, depending on what index that adjustable rate's tied to.
• 2:22
  SPEAKER_00: You need to get all that information.
• 2:24
  SPEAKER_00: That's that's a very deep and complicated scenario, but you want to ask worst-case scenarios, best case scenarios, and then try to maybe plant your plant your shovel somewhere in between those.
• 2:35
  SPEAKER_00: You sellers out there, it is very important to get that property priced correctly out of the chute.
• 2:39
  SPEAKER_00: That future estimation of value at the 90-day realm is very, very a good indicator of where your value should be.
• 2:47
  SPEAKER_00: So I wouldn't base it on today's value.
• 2:49
  SPEAKER_00: I would look out two months, two and a half, three months, and see where that value happens to be, looking at the past trend.
• 2:56
  SPEAKER_00: Whatever market you happen to be in, your agent should be able to work out those numbers, looking at how properties are trending over the last several months, and then plot that line and then map it out and then be able to tell you, okay, 60 days, 90 days from now, this is potentially where that value is going to be.
• 3:11
  SPEAKER_00: In some neighborhoods right now in Southern California, it might be increasing because that's the trend.
• 3:16
  SPEAKER_00: In most neighborhoods right now, it's either flat or decreasing.
• 3:20
  SPEAKER_00: So that's also the trend.
• 3:21
  SPEAKER_00: So pricing that property correctly.
• 3:23
  SPEAKER_00: And then finally, I know I talked to a seller this week, we're going to be coming on the market with a Castell property sometime first couple weeks in July.
• 3:30
  SPEAKER_00: That pre-market home inspection game changer, it's really important.
• 3:35
  SPEAKER_00: It's worth the four or five hundred bucks that a good inspector would charge to come out and run through your property with a fine-tooth comb and look at every aspect of it and then prepare a list.
• 3:44
  SPEAKER_00: And then as a seller, you know, we'll go over which things that you should attend to and which things won't aren't necessary.
• 3:50
  SPEAKER_00: But you have full disclosure there.
• 3:52
  SPEAKER_00: I mean, there is no guessing at that point.
• 3:54
  SPEAKER_00: It's lovely.
• 3:55
  SPEAKER_00: And that doesn't mean that the buyer doesn't get their own home inspector.
• 3:59
  SPEAKER_00: They need to get their own home inspector.
• 4:01
  SPEAKER_00: But that home inspector that's coming is going to have that document.
• 4:05
  SPEAKER_00: And, you know, they're going to know.
• 4:07
  SPEAKER_00: It's not, there's never a who's is bigger kind of scenario.
• 4:11
  SPEAKER_00: It's always these people are just looking for the facts of the residents because they can be validated by other third parties.
• 4:17
  SPEAKER_00: None of that is an opinion.
• 4:19
  SPEAKER_00: It's all factual.
• 4:20
  SPEAKER_00: And that's where uh this pre-sale home inspection is super valuable.
• 4:25
  SPEAKER_00: And I do it for everybody.
• 4:26
  SPEAKER_00: Sellersonlyagent.com.
• 4:27
  SPEAKER_00: I'm Connor with Honor.
• 4:29
  SPEAKER_00: When you're ready, reach out.
• 4:30
  SPEAKER_00: If you're a buyer out there, you can go to honor tap.com, honor tap.com.
• 4:37
  SPEAKER_00: And if you're a buyer, I'm more than happy to make a referral for an awesome buyersonly agent.
• 4:43
  SPEAKER_00: And go to sellersonlyagent.com.
• 4:45
  SPEAKER_00: We'll see you in the next one.
• 4:46
  SPEAKER_00: Thank you for watching.
• 4:47
  SPEAKER_00: And of course, we'll see you tomorrow.
• 4:48
  SPEAKER_00: Have a great day.
• 4:49
  SPEAKER_00: Be safe out there.