Home sellers in Santa Clarita will be able to pay less than typical commissions
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Home sellers in Santa Clarita will be able to pay less than typical commissions
Connor with Honor at SantaClaritaOpenHouses(com) - July 22, 2024** Tags: [santa clarita market](/-/Blog/tag/santa clarita market), [open houses](/-/Blog/tag/open houses), [local agents](/-/Blog/tag/local agents), [top producer](/-/Blog/tag/top producer), [connor with honor](/-/Blog/tag/connor with honor) ** 0 Comments | Add Comment Santa Clarita Real Estate Market Update - July 2024
Welcome to the latest Santa Clarita Real Estate Market Update for July 2024. I’m Connor with Honor, your trusted real estate partner, here to bring you the most recent insights and updates on the real estate market in the Santa Clarita Valley. With a significant influx of new inventory, we have a lot to cover this month. Let’s dive into the numbers and explore what this means for both buyers and sellers in our community.
Market Overview:
As of July 22, 2024, the Santa Clarita real estate market has seen substantial activity. Here’s a detailed breakdown of the current market status:
Total Active Residential Listings: 475
Detailed Market Insights:
More Inventory Added:
The addition of 80 new listings and 58 price changes indicates a significant surge in inventory. This could potentially shift the market dynamics, providing more options for buyers and creating a competitive environment for sellers.
Coming Soon:
With 11 new properties coming soon, there are fresh opportunities on the horizon. These listings can offer a sneak peek into what’s about to hit the market, allowing buyers to prepare and act quickly.
New Listings:
The market has welcomed 80 new listings, offering a variety of choices across different price ranges and property types. Whether you’re looking for a cozy condo, a single-family home, or something more luxurious, there’s something for everyone.
Price Changes:
The 58 price adjustments highlight the dynamic nature of the market. For buyers, this could mean potential deals and opportunities. For sellers, it’s crucial to stay competitive and price your property correctly based on current market trends.
Back On Market:
19 properties have come back on the market, providing a second chance for buyers who might have missed out previously. These listings can be a great opportunity to find your dream home.
Active Under Contract & Pending:
With 33 properties under contract and 48 pending, the market remains robust, indicating strong buyer interest and healthy transaction flow.
Closed Sales:
58 properties have successfully closed, showcasing steady activity and a satisfying market for those completing their transactions.
Expired, Canceled, Hold, Withdrawn:
A few properties have expired, been canceled, or put on hold, offering insights into market conditions and seller expectations. Understanding these factors can help both buyers and sellers navigate the market more effectively.
Tips for Buyers:
Stay Informed: With the surge in new listings, it’s crucial to stay updated on the latest opportunities. Regularly check listings and work closely with your real estate agent to find the best deals.
Be Ready to Act: In a competitive market, having your finances in order and being pre-approved for a mortgage can give you an edge. Be prepared to act quickly when you find the right property.
Explore Back-On-Market Listings: These properties offer a second chance for buyers. Revisit listings you were interested in previously to see if they meet your needs.
Tips for Sellers:
Price Strategically: With many price changes, it’s essential to set a competitive price for your property. Consider recent comps and market trends to make your home appealing to potential buyers.
Market Effectively: High-quality photos and detailed descriptions are key to attracting buyers. Highlight your property’s unique features and make sure your listing stands out.
Be Flexible: Flexibility in negotiations and terms can make your property more attractive to buyers. Be open to different offers and ready to negotiate to close the deal.
Conclusion:
The Santa Clarita real estate market is buzzing with activity this July. The surge in inventory provides exciting opportunities for both buyers and sellers. Whether you’re looking to buy your dream home or sell your property at the best price, staying informed and prepared is essential.
For more detailed information and the latest listings, visit our website at SantaClaritaOpenHouses.com. Here you can find comprehensive details about the current market, new listings, and more.
Watch and Listen:
Watch the latest video update on YouTube: youtu.be/wEN4OtmhHDk
Listen to the full podcast here: buzzsprout.com/298109/episodes/15451935-more-inventory-added-to-the-santa-clarita-real-estate-market-will-it-be-enough-to-put-the-market-into-the-buyer-s-zone
Check out the locations of the latest listings on Google Maps: https://maps.app.goo.gl/HXQducoMZyj9UNqN6
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Yes, I earn referral fees when you work with agents I recommend. But unlike national platforms like Zillow or Realtor.com, I personally know and vet every single agent in my network of 17 trusted professionals.
My recommendations are based on YOUR specific needs and the complexity of your situation—not who pays the highest referral fee. I live in Santa Clarita Valley, and my reputation in this community depends on your success. Local accountability matters.
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