California Real Estate Radio

Santa Clarita Real Estate Market Update for July 22, 2024Welcome back to another episode of the Santa Clarita Real Estate Market Update! I'm Connor with Honor, your trusted real estate partner. Today, we're diving deep into the latest inventory surge in the Santa Clarita Valley housing market and what it means for buyers and sellers alike.Market Overview:As of today, we have a significant amount of activity in the Santa Clarita real estate market. Here’s a quick rundown of the latest numbers:Coming Soon: 11New Listings: 80Price Changes: 58Back On Market: 19Active Under Contract: 33Pending: 48Closed: 58Expired: 3Canceled: 6Hold: 14Withdrawn: 3Total Active Residential Listings: 475Detailed Insights:More Inventory Added: With 80 new listings hitting the market and 58 price changes, there's a noticeable surge in inventory. This influx could potentially shift the market dynamics. For buyers, this means more options and possibly better negotiating power. For sellers, it’s a signal to price strategica