As you know the greater Antelope Valley Palmdale Lancaster area in the northern Los Angeles County is the only part of LA that is growing and Septembers’ numbers show that to be true. New Listing are up 1.4 percent over August, Pending are way up by 28.5% while sold are down 9.2% mainly due to funding taking a bit longer. However the surprising number is last months pending at 564 and September sold 564…
With time running out on the Tax Credit and Mortgages Rates under 5% we are not expecting to see a holiday drop in purchases in our local market.
Listed 701 691
Pending 725 564
Sold 564 621
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.
|Back on Market||11||
Month to Date and Projected open Escrows*
|Total Active Core Area||731|
|Total Active REO's||211|
|Total Short Paids||254|
|Pending MTD/Projected||2||/ 155|
Current Month 1.4 Months
At Last Months Rate 1.6 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/.
*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.