🚨 SFV REAL ESTATE is MOVING 2X FASTER Than SCV! πŸš€ Sell Now or Lose Big?! 🚨
29 May 2026

🚨 SFV REAL ESTATE is MOVING 2X FASTER Than SCV! πŸš€ Sell Now or Lose Big?! 🚨

Artificial Intelligence Growth Architect | Connor with Honor | Real Estate Consultant

About

Welcome back to the show! I am Connor with Honor, and today is May 28th, 2026! We are diving deep into the exact real estate data and pipeline numbers for the Santa Clarita Valley and the North San Fernando Valley! If you are a seller right now, you need to pay very close attention because the San Fernando Valley market is moving at lightning speedβ€”specifically, an eight-day gap faster than Santa Clarita! It is the exact same buyers, the same lenders, and the same interest rates, but the numbers tell us a completely different story!

Let's get into the data, the pricing strategies, and why 55 properties completely FAILED to sell this week!

πŸ“‰ The 1.2 Month Absorption Rate Reality

Let me throw a little bit of knowledge your way. Right now, we are sitting at a historically tight 1.2-month absorption rate! I have been in this beloved industry for 28 years (since 1998!), and I have seen various markets, including those heavy periods where we had six full months of inventory.

What does 1.2 months actually mean? At the current rate of sale, if absolutely no other properties came onto the market, it would take just 1.2 months to deplete the inventory entirely to zero! Even though inventory has increased at least 20% since February, supply is still incredibly scarce. In just the last week, 307 properties moved from active status into some form of escrow!

πŸ₯Š The Showdown: San Fernando Valley vs. Santa Clarita Valley

We are tracking the eight most active cities in the Santa Clarita Valley and the eight cities in the North end of the San Fernando Valley. Here is the breakdown of single-family residences over the last seven days:

    Santa Clarita Valley (SCV): We saw 48 closed properties in the last seven days! The median close price averaged out to $739,995. The median days on the market out here is currently 22.5 days.San Fernando Valley (SFV): We had 36 closed properties in the North Valley! The median close price is substantially higher at $905,000!The Speed Gap: Properties are picking up and selling much faster in the San Fernando Valley, showing an eight-day speed advantage over the Santa Clarita Valley! Historically, it has always been that way; the closer you get to Los Angeles, things tend to move a little faster due to a larger influx of people.The Pipeline: For properties under contract that will close in the next 30 to 60 days, we have 45 spoken for in SCV and 30 in SFV! That is a pipeline of 75 homes moving toward the finish line!

πŸ›‘ Why Are 55 Listings FAILING in a Hot Market?!

Even at one-fifth of normal supply, listings do still die! In the past seven days, 55 listings across these areas failed to sellβ€”they were either canceled, expired, withdrawn, or put on hold. SCV had 29 failed listings (a 16% failure rate), while SFV had 26 fail (a 20% failure rate)! Here is why real sellers are missing the mark:

    Wrong Price Out of the Gate: The absolute biggest issue. Sometimes waiting without reducing the price pays off, as a $10,000 to $15,000 reduction only extrapolates out to a few months of payments, but price heavily dictates the timeline!Weak Prep & Bad Photos: People look at real pictures! Walking into a house loaded with a seller's family photographs makes it incredibly difficult for buyers to unpack their mental curtains and imagine themselves living there.Rushed Releases: Some agents are in such a hurry to list that they release a home into the wild before professional photography or drone shots are ready! It is better to hold it as "coming soon" with one front snap until everything is fully prepared.Vanishing Agents: Some agents simply disappear when a house isn't selling, perhaps out of embarrassment, instead of doing the hard work and having a mature discussion about strategy.Buyer Sabotage: Sometimes buyers ruin their own escrow by going out and buying a new $130,000 Ford Raptor, suddenly blowing their mortgage approval because they cannot float the new vehicle payment!

πŸ”¦ Neighborhood Spotlight (Last 7 Days)

Let's look at the real yardstick for local areas:

    Northridge: The massive winner! 8 properties closed with a high median close price of $1,337,500 and a lightning-fast 12 days on the market!Granada Hills: 9 closed properties, a median close price of $985,000, and 24 days on the market!Valencia: 16 closed properties, a median close price of $721,495, and 28 days on the market!Canyon Country: 11 closed properties, a median close price of $812,500, and 17 days on the market!Newhall: Dragging a little bit at 63 days on the market, while the rest of the market runs under 25 days!

πŸ“‰ The Bond Market & Interest Rate Reality

If your house is taking too long to sell, we have to look at macroeconomic trends. Mortgage interest rates are based on the 10-year bond market. Recent global events, like the situation with the Strait of Hormuz in the Middle East, created lower confidence in the 10-year bond, resulting in higher interest rates. The industry likes to tell buyers, "Don't marry the rate, marry the house," but what if the rates never come back down? Never purchase predicated on hoping rates will drop!

πŸ›‘οΈ The Sellers Only Agent Difference!

I am a Sellers Only Agentβ€”I do not represent buyers at all! Other agents often leave properties listed as "active under backup" purely to generate extra buyer leads for themselves. Appraisers and agents will even call trying to "pillow talk" me into unlawfully releasing escrow data! Because I only represent sellers, my only focus is getting your home sold for top dollar.

I put my cancellation clause in writing upfront. If we aren't getting bites, I have carte blanche to cancel the listing without a broker's blessing, as long as we aren't in escrow. I completely threw the old 1970s commission model on its head!

If you are thinking of selling or if your listing just failed with another agent, reach out! I pull the CRM data every single morning so we know exactly what this market is doing.

🌐 Check Out The Links Below: πŸ‘‰ SellersOnlyAgent.com πŸ‘‰ SFVMLS.com πŸ‘‰ SCVMLS.com πŸ‘‰ 17k.com Let me know if I can help you! Thank you so much for watching, and be well!

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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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