Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley May 10, 2011. In Palmdale, Q1 building permits pulled came in at 40, versus 41 in Q1 of 2010. Lancaster had 45 permits pulled in Q1, but that was way down from the 108 in Q1 of 2010. In the unincorporated areas of the AV, just 1 permit was pulled vs. 85 last year in Q1.
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
| Monthend Numbers | |||||||||||||
| Apr | Mar | Feb | Jan '11 | Dec | Nov | Oct | Sep | Aug | July | June | May | April | |
| Listed | 561 | 690 | 443 | 550 | 555 | 579 | 541 | 642 | 692 | 675 | 659 | 624 | 716 |
| Pending | 487 | 504 | 414 | 392 | 402 | 416 | 382 | 530 | 497 | 475 | 579 | 490 | 698 |
| Sold | 384 | 389 | 299 | 297 | 422 | 348 | 341 | 486 | 376 | 412 | 469 | 417 | 327 |
| % CHG Month over Month | |||||||||||||
| Listed | -23.0% | 35.8% | -24.2% | -0.9% | -4.3% | 6.6% | -18.7% | -7.8% | 2.5% | 2.4% | 5.3% | -14.7% | |
| Pending | -3.5% | 17.9% | 5.3% | -2.6% | -3.5% | 8.2% | -38.7% | 6.2% | 4.4% | -21.9% | 15.4% | -42.4% | |
| Sold | -1.3% | 23.1% | 0.7% | -42.1% | 17.5% | 2.0% | -42.5% | 22.6% | -9.6% | -13.8% | 11.1% | 21.6% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | -27.6% | -6.1% | -57.3% | -25.6% | -7.7% | -30.6% | -21.8% | ||||||
| Pending | -43.3% | -34.3% | -50.5% | -41.8% | -26.1% | -60.3% | -55.2% | ||||||
| Sold | 14.8% | -31.6% | -21.1% | -24.2% | -22.5% | -62.4% | -61.0% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,915 | ||
| Total Active Core Area | 1,430 | ||
| Total Active REO's | 280 | ||
| Total Short Sale | 615 | ||
| Pending MTD/Projected | 150 | 450 | |
| Sold MTD/Projected | 78 | 234 | |
| Percent Sold Over List Price | 51.28% | ||
| Sold Last Month / % of Difference | 384 | -39.06% | |
| Last Year Month / % of Difference | 327 | -28.44% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 19.58% | ||
| Short Sale % of TTL | 43.01% | ||
| REO+SS % of TTL | 62.59% | ||
| Traditional Sale % of TTL | 37.41% |
Absorption Rate*
Current Month 4.6 Months
At Last Months Rate 6.7 Months
Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09
Richard & Janet O'Brian Real Estate Agents in California 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/. Or Keller Williams Realty AV 
Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation please visit her web-site. She can Stop Foreclosures Now!
(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.
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
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