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Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley July 17 2009

By
Real Estate Agent with Home Based Realty 01737966/01367311

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley July 17 2009
It seems that vacation time is in full swing in the Antelope Valley Palmdale, Lancaster area as buyers are slowing down for some summer fun.  The heat is no big time with highs in the 100’s…  But as you know in the high desert it is a dry heat…  The freeway is full of RV’s heading out and coming into the valley. 

Lancaster  Friday, July 17 - 6 to 10 p.m.
Lancaster Blvd. between Fern & Date Ave. 

Join us for a FREE fun-filled celebration of fine food, music and community. Celebrate Downtown Lancaster was launched in 2005 as a way to celebrate Lancaster’s historic downtown area and promote community pride.

 

Poncho Sanchez - 8:00 p.m.

More than anything else, Poncho Sanchez is a storyteller. And, as leader of the most popular Latin jazz group in the world today, it's his congas and seasoned ensemble that do the talking. One-on-one, the Chicano conguero is equally expressive, recounting in vivid detail the encounters, friendships, and passions that have contributed to his remarkable career as a bandleader and recording artist.

 Toast of the Town Stage at Date Ave.
    6:30-7:20     Flamenco Fusion
    7:30-8:20     Extensions Performing Arts Academy 
    8:30-9:30     Groove Committee

 Fire Dancers at Elm Ave. 
    8:00-8:30 Performance
    9:00-9:30 Performance

The new look of the Dailys which are a set of number tracking the current trand in the Ral Estate Market in the Antelope Vally.

Dailys*

New Listings 44  
Back on Market 13  
Price Increases 1  
Price Reductions 12  
Pendings 31  
Solds 29  
Expireds 5  
Inactives 7  


Month to Date and Projected open Escrows*

Total Active   1,200  
Total Active Core Area      828  
Total Active REO's      226   
Total Short Paids      352  
     
Pending MTD/Projected      361 /  658


Absorption Rate*

Current Month 1.5 Months
At Last Months Rate 1.2 Months

Historical High 5300+ Mid 2007

Team O'Brian work with buyers of all types, from first time, to investors, please let us work for you!   Call us today.  If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/

                                         (Quick Mapping Links for Core Areas)
Palmdale  Lancaster  Ana Verde  Ritter Ranch  Quartz Hill  Leona Valley  Lake Hughes  Lake Elizabeth  

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping.  All figures are Single Family Residential only.

Posted by

Richard

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