Latest / Connor with Honor: AI, Real Estate and Real Life / 74 Price Drops in One Week: What Santa Clarita Sellers Need to Know
Transcript
- 0:00SPEAKER_00: Today we're at the 22nd of November 2025, not too far from Thanksgiving.
- 0:05SPEAKER_00: And of course, Christmas is right around the corner.
- 0:07SPEAKER_00: Here we go.
- 0:08SPEAKER_00: So what's happening right now?
- 0:09SPEAKER_00: This is your 6 a.m.
- 0:10SPEAKER_00: market update.
- 0:11SPEAKER_00: We've seen 74 price changes here across the valley.
- 0:14SPEAKER_00: It's a massive indicator of market movement, and frankly, in some cases, massive opportunities for real estate buyers out there.
- 0:21SPEAKER_00: Sellers are repositioning their properties to get more activity as they are for sale this holiday season.
- 0:27SPEAKER_00: We have uh we're just approaching less than 600 units.
- 0:30SPEAKER_00: We're at 604 this morning, active units for sale.
- 0:34SPEAKER_00: Uh track back just a couple months.
- 0:35SPEAKER_00: We were at about mid-eights.
- 0:37SPEAKER_00: So we've reduced quite a bit in inventory.
- 0:39SPEAKER_00: That is giving buyers uh less choice, but we are seeing sellers becoming more nimble with those prices.
- 0:46SPEAKER_00: Uh, one property of note of those 74, I did see a couple drops ranging from a couple thousand dollars, and that's kind of on the low end to over$100,000.
- 0:56SPEAKER_00: There was a$1.29 million dollar listing that went down to$1.149.
- 1:01SPEAKER_00: And it's definitely an indication that that particular seller is motivated.
- 1:04SPEAKER_00: And if you want to see these 74 price changes in the past seven days, not super unusual, but you can see the market is starting to move.
- 1:12SPEAKER_00: Now, we do have four brand new coming soon listings that you're not going to be able to find anywhere else.
- 1:17SPEAKER_00: If you want to see those, go to SantaClarita coming soon.com.
- 1:20SPEAKER_00: They have to actually be emailed to you.
- 1:22SPEAKER_00: You can't uh be privy to those before unless you have a direct relationship with a real estate agent.
- 1:27SPEAKER_00: So if you have your real estate agent, let them know you want to see the coming soon listings and they'll fit them into whatever criteria you happen to be looking for.
- 1:34SPEAKER_00: So you're just not getting bombarded.
- 1:36SPEAKER_00: But there's not a whole lot of that activity now.
- 1:39SPEAKER_00: As we get back into spring and summer, the market's probably gonna pick up and be hot.
- 1:43SPEAKER_00: Now, those 74 homes that dropped in price, you can check those out as well by going to Santa ClaritaOpenhouses.com.
- 1:50SPEAKER_00: They will be reflected on that search engine, which is my system, so you don't have to worry about getting any of your personal information taken from you.
- 1:57SPEAKER_00: Plus, there's no registration required, period.
- 2:00SPEAKER_00: All right, have a great weekend.
- 2:01SPEAKER_00: Be careful when you're going into open houses.
- 2:03SPEAKER_00: Also understand that a lot of times the open houses, the agents hosting them, are not the actual listing agent.
- 2:09SPEAKER_00: In addition, if you haven't played my video game yet, I'll go ahead and plug that here just so you can go play it.
- 2:15SPEAKER_00: It's basically a buyer real estate video game that I vibe coded into existence.
- 2:19SPEAKER_00: It's kind of fun.
- 2:20SPEAKER_00: 10 levels, 10 things, you get three lives, and I hope it works.
- 2:23SPEAKER_00: I'm Connor.
- 2:24SPEAKER_00: We'll see you in the next one.
- 2:25SPEAKER_00: Thanks for watching.