Weekly Market Update · SCV + SFV

76 New Listings. 69 Price Cuts. 18 Escrows Fell Out. 37 Sellers Quit.

April 23, 2026
Connor MacIvor
76 New Listings. 69 Price Cuts. 18 Escrows Fell Out. SCV + SFV Weekly Market Report, April 23, 2026.
TL;DR

Fresh CRMLS Matrix 7-day residential pull for Santa Clarita Valley and San Fernando Valley. 76 new listings. 69 price changes. 52 closed. 40 pending. 40 active under contract. 18 back on market.

37 sellers quit. 9 expired. 9 canceled. 13 hold. 6 withdrawn. That is a 1.4 to 1 close-to-fail ratio. For every 10 sellers who cashed a check, 7 others walked away with nothing.

The market is absorbing inventory. It is also punishing overpricing inside 7 days. 9 out of every 10 new listings got a price change this week. Every quit had an agent. That was not the problem. The representation model was.

Watch the walkthrough: Connor breaks down every number and what it means for sellers right now.

The 7-Day Numbers

Pulled from CRMLS Matrix covering Santa Clarita Valley and San Fernando Valley residential inventory, rolling 7-day window ending Thursday April 23, 2026. The status board tells a specific story if you know how to read it.

76New Listings
69Price Changes
40Active Under Contract
40Pending
52Closed
18Back On Market
16Coming Soon
37Total Quits

52 closings plus 80 in contract is 132 homes in forward motion. Against 76 new listings and 16 coming soon this week, the market is absorbing inventory. This is not a stalled market. It is a selective one.

The 22.5% escrow fallout rate on the 80 in-contract homes is above historical norms. Financing collapses, appraisal gaps, and inspection renegotiations are all live. 37 sellers pulling out entirely is the next chapter of the same story. Below is the breakdown for how they quit.

The Quit Report

Status Count What It Means
Expired9Listing agreement ran out. No sale.
Canceled9Seller and agent parted ways mid-term.
Hold13Seller paused the listing.
Withdrawn6Seller pulled it entirely.
Total37Families that did not sell this week.

Almost every one of these 37 families will tell you the market was soft. Most will blame rates. Some will blame the neighbor's new roof down the street. Very few will look at the 52 closings that happened in the exact same 7 days and ask what the difference was.

The difference is almost always three decisions made in the first 10 days. Price. Prep. Representation. The rest is execution.

The 90.8% Repricing Rate. What It Means.

The most striking number this week is not 52 closed. It is 69 price changes. Against 76 new listings. That is a 90.8% repricing rate on fresh inventory inside 7 days.

Most listings get priced to win the listing appointment. The seller wants a high number. The agent wants the signature. The listing hits the MLS. Buyers do their own math. Buyers have Zillow. Buyers have Realtor.com. Buyers have four other homes to compare against. When the price does not match the market, buyers skip the showing. No showings means no offers. No offers means the seller reduces.

The seller pays the overpricing tax in three ways:

On a $900,000 listing, a 4% concession gives back $36,000. That is more than most listing fees. Completely avoidable with a correct pricing meeting on day one.

The Fallout Story. 22.5% of Escrows Came Back.

80 homes were in contract coming into this week. 18 came back as active. That is a 22.5% failure rate on escrows that were already accepted. Appraisal gaps, inspection renegotiation, and buyer financing are all in the mix.

When an escrow falls out, the listing now carries baggage. Agents showing the house after will ask why it came back. Buyers will assume something is wrong. The seller loses leverage and days on market. The next offer is lower than the last one.

What a Sellers Only Agent™ does differently

We vet the buyer at the offer stage, not the escrow stage. We ask about the lender. We know which loan types close in Santa Clarita and San Fernando Valley and which stall. We build inspection boundaries before acceptance, not after. We do not celebrate the offer. We celebrate the closing.

The Absorption Story. 132 in Forward Motion.

52 closed. 80 in contract. 132 homes moving through the pipeline. Against 76 new listings and 16 coming soon, the market is absorbing inventory. This is not 2008. This is not a collapse. This is a selective market.

Buyers are active. They are also disciplined. They walk when the price is wrong. They buy when the price, condition, and presentation match the area. The seller who treats the sale like a commodity will get commodity results. The seller who treats it like a marketing and negotiation project will get the other kind.

Every One of the 37 Had an Agent

Here is the line this blog keeps coming back to week after week. Every one of the 37 sellers who quit this week had an agent. They signed a listing agreement. They paid for photos. They put a sign in the yard. They gave up weekends. They let buyers walk through their home at inconvenient hours. And at the end of 30, 60, 90 days they pulled the listing with nothing to show for it.

Having an agent was not the problem. Having the wrong kind of representation was.

Most agents in Santa Clarita and the San Fernando Valley represent both buyers and sellers out of the same brokerage. Same agent. Same week. They have to stay neutral. They have to play both sides because both sides pay them.

When your listing gets an offer from a buyer working with that same brokerage, nobody in that office is exclusively rooting for you to win. The inspection negotiation. The appraisal gap. The closing cost credit. The repair request. Every one of those moments is a coin flip inside an office that has to keep both clients happy. You do not want a coin flip on $900,000 of equity.

What Sellers Only Agent™ Actually Means

We never represent buyers. Ever. No dual agency. No split priorities. No second client on the other side of the deal. Not in Santa Clarita. Not in San Fernando Valley. Not anywhere.

When a buyer's agent calls us, they are negotiating against a team that only works for the seller. When an offer comes in, nobody on our side is quietly rooting for the buyer to win. Pricing strategy, staging, photography, copywriting, marketing reach, offer review, inspection handling, appraisal defense, closing. That is the entire job. One client. One outcome.

27 years in Santa Clarita doing this one thing. Valencia, Saugus, Canyon Country, Newhall, Stevenson Ranch, Castaic, Acton, Agua Dulce. Expanding the same thesis into the San Fernando Valley for homeowners who have watched the exact same dual-agency trap play out there for a decade.

The $17,000 Flat Fee at This Week's Price Points

The standard listing agent in SCV and SFV will charge 2.5 to 3 percent of the sale price. On the median closed SCV homes this week, that is $21,250 to $25,500 for the listing side alone. Add buyer-side compensation if the seller agrees to offer it post-NAR, and total commissions routinely top $42,500.

The Sellers Only Agent™ model is one flat fee. $17,000 all in on the listing side. No surprises. No tiered scales. No games.

The Math at This Week's Common Price Points

$850,000 SCV median home (2.5% vs $17K)save $4,250
$900,000 typical Saugus or Canyon Country home (2.5% vs $17K)save $5,500
$1,100,000 Stevenson Ranch close (2.5% vs $17K)save $10,500
$1,400,000 Encino SFV listing (2.5% vs $17K)save $18,000
$2,100,000 Sherman Oaks SFV listing (2.5% vs $17K)save $35,500
$3,000,000 Studio City modern (2.5% vs $17K)save $58,000

The more the home sells for, the more the seller keeps. The incentive is clean. Get the home sold at the highest price possible because the fee does not scale with it.

San Fernando Valley Sellers: The Same Thesis, Bigger Market

The San Fernando Valley runs on the same mechanics as Santa Clarita. Different medians, different pace, same rules of physics.

Sherman Oaks. Encino. Studio City. Woodland Hills. Tarzana. Van Nuys. North Hollywood. Burbank. Toluca Lake. Northridge. Granada Hills. Porter Ranch. Chatsworth. Mission Hills. Sylmar. Every one of those submarkets has the same dual-agency problem SCV has. Bigger brokerage footprints. More agents. More listings expired and canceled every week. Same root cause. Agents who represent both sides cannot fight hardest for one side.

We accept listings across the entire San Fernando Valley. Same playbook. Same $17,000 flat fee. Same undivided seller-side loyalty. 27 years of seller-only negotiation does not stop at the SCV line.

What This Week's Data Actually Tells a Seller

If you are thinking about listing in the next 60 days, here is the read:

The pricing meeting is the most important meeting a seller will ever take. It is not a negotiation between seller and agent. It is a read of the actual closed sales around your property. The median is not a suggestion. It is the market telling you exactly what a ready buyer will pay for a comparable home.

Valencia · Saugus · Canyon Country · Newhall · Stevenson Ranch · Castaic · Acton · Agua Dulce · Sherman Oaks · Encino · Studio City · Woodland Hills · Tarzana · Van Nuys · North Hollywood · Burbank · Toluca Lake · Northridge · Granada Hills · Porter Ranch. If you own a home in Santa Clarita or the San Fernando Valley and you are thinking about selling in the next 6 months, the conversation is free. Undivided loyalty, every day of the listing.

SellersOnlyAgent.com Call 661-400-1720

27 years. One mission. Sellers Only Agent™. For sellers. Only.

Frequently Asked Questions

Why did 90% of new listings get a price change this week?

69 price changes hit against 76 fresh listings in 7 days. Most listings go live overpriced. Sellers want a high number. Agents say yes to get the signature. The market corrects within 7 days. Correct pricing on day 1 wins. Reactive pricing after 21 days costs real money.

What does Back On Market mean?

The home was in escrow and the buyer backed out, was removed, or the deal collapsed. 18 homes returned to active status this week. That is a 22.5% escrow fallout rate against the 80 homes in contract. Sellers need an agent who vets buyers at the offer stage, not after the home is already off the market.

Is now a good time to sell in SCV or SFV?

52 homes closed this week. 80 are in escrow. 132 homes are in forward motion. The market is absorbing inventory. Correctly priced, properly prepped homes are selling. Timing is not the question. Strategy is the question.

What is the $17,000 flat fee and what does it include?

One fixed listing-side fee of $17,000. Professional photography, full MLS syndication, pricing strategy, prep guidance, marketing, showings coordination, negotiation, escrow management, and closing. No percentage. No surprise charges. Buyer-agent compensation post-NAR is a separate neighborhood-specific negotiation at the pricing meeting.

Does Sellers Only Agent list in the San Fernando Valley?

Yes. Sherman Oaks, Encino, Studio City, Woodland Hills, Tarzana, Van Nuys, North Hollywood, Burbank, Toluca Lake, Northridge, Granada Hills, Porter Ranch, Chatsworth, and surrounding communities. Same $17,000 flat fee. Same undivided seller-side loyalty.

What does Sellers Only Agent mean?

Sellers Only Agent means we never represent buyers. Ever. No dual agency. No split priorities. When a buyer's agent calls, they negotiate against a team that only works for the seller. One client per deal. One outcome.

C

Connor MacIvor

Sellers Only Agent™

27 years serving Santa Clarita Valley sellers. Expanding same-thesis representation across the San Fernando Valley. DRE #01238257. SYNC Brokerage. One client per deal. Never a buyer. Your equity protected.

SellersOnlyAgent.com | 661-400-1720

Data Source & Disclosure
All figures in this article are derived from CRMLS Matrix MLS 7-day residential Market Watch, rolling window ending Thursday April 23, 2026. Status counts: 16 coming soon, 76 new, 69 price changes, 18 back on market, 40 active under contract, 40 pending, 52 closed, 9 expired, 9 canceled, 13 hold, 6 withdrawn. Price-point savings examples use a 2.5% traditional listing fee for comparison. Percentage-based fees are illustrative only. All real estate commissions are negotiable per California Business and Professions Code Section 10140.6. If your home is currently listed for sale, this is not a solicitation.