Inventory in Santa Clarita has dropped 10% in less than a month. You'd think those incredible interest rates had something to do with it?
We have 516 in escrow, and 374 closed in the last 30 days.....since those numbers are virtually the same as when I reported at the beginning of the month...I'd say not due to interest rates. 656 Active homes for sale including Acton, Agua Dulce, Canyon Country, Saugus, Valencia, Stevenson Ranch, Castaic, Newhall, & Val Verde.
The hottest selling season is over for now. Less Sellers interested in trying to make a move now that school is back in session.
I've got a buyer that I've been working with for a few months. We're looking for 'the one'. The one that makes them want to sell their million dollar home to buy a single story. We saw one that was close this week, but we discussed the luxury market in SCV and are still thinking about the replacement property but knowing that this may not be a great time to list theirs for sale.
I'm just keeping you informed. Inventory in the infamous 'normal market' we say should be around 1000 active listings. I've seen very few 'normal' markets in the last 17 years!
So, with these little tid-bits of information, I'm just keeping you in the loop as I see it. Inventory is down a bit, hasn't been normal in almost two decades IMHO, and yet.....if you want to buy or sell there's always a way to make it happen...just when you need/want to.
Questions about Real Estate in Southern California? Just holler ~ Lauren@KeepYourWitz.com
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