🏡 Santa Clarita Valley Real Estate Update – February 10, 2025

Welcome to this week’s real estate market update! Over the past seven days, Santa Clarita has seen 65 brand-new listings hit the market, along with 11 coming soon properties that buyers should keep an eye on. During this period, 59 homes had price adjustments, 21 returned to the market, and 28 homes moved into active under contract status.

📉 Current Market Overview
With 530 total active listings, we’re seeing a steady increase in housing inventory, which can impact pricing and competition. Sellers should stay aware of how more inventory could affect their home value and selling timeline. Meanwhile, 34 homes are currently pending, and 42 properties have officially closed over the last week.

✅ For Buyers: Get Pre-Approved the Right Way
One of the biggest mistakes buyers make is assuming a quick over-the-phone approval is enough. It’s not. You need full underwriting approval to ensure you're in the strongest possible position when submitting an offer. A solid pre-approval can make the difference between securing your dream home or losing out to a better-prepared buyer.

📌 Pro tip: Always ask your lender for written confirmation of the pre-approval level and make sure all financial documentation is in order.

📊 For Sellers: Inventory is Climbing
As more homes hit the market, sellers need to be strategic with pricing and marketing. With rising inventory levels, competition increases. Utilizing current market reports and understanding the latest pricing trends will help sellers attract serious buyers.

🏘️ If you're considering buying or selling, the next few months will be pivotal. Keeping track of market trends and price fluctuations will help you make the best real estate decisions.

Stay informed, stay ahead, and stay ready. See you in the next update! 🔥

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From first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.

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