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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley July 12, 2011.

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Real Estate Agent with Home Based Realty 01737966/01367311
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley July 12, 2011.
You Need to Get Some Expert Advice when buying your First home.  Buying your first home can be a very nerve-racking experience. But it doesn’t have to be. A lot of first time buyers, can feel confused and overwhelmed by the complex real estate market, especially when conditions and prices can literally change overnight. And then there's all the paperwork!

One mistake or miss-step can mean thousands and thousands of your dollars down the drain… Take control and protect your time, money and family – get expert help from a caring team of “for real” people. You deserve a piece of the American Dream…and don’t let anyone tell you different!


Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale 
Monthend Numbers
June May Apr Mar Feb Jan '11 Dec Nov Oct Sep Aug July June
Listed  646 620 561 690 443 550 555 579 541 642 692 675 659
Pending  502 518 487 504 414 392 402 416 382 530 497 475 579
Sold  392 374 384 389 299 297 422 348 341 486 376 412 469
% CHG Month over Month
Listed  4.0% 9.5% -23.0% 35.8% -24.2% -0.9% -4.3% 6.6% -18.7% -7.8% 2.5% 2.4%
Pending  -3.2% 6.0% -3.5% 17.9% 5.3% -2.6% -3.5% 8.2% -38.7% 6.2% 4.4% -21.9%
Sold  4.6% -2.7% -1.3% 23.1% 0.7% -42.1% 17.5% 2.0% -42.5% 22.6% -9.6% -13.8%
% CHG Current Month over Same Month Last Year
Listed  -2.0% -0.6% -27.6% -6.1% -57.3% -25.6% -7.7% -30.6% -21.8%
Pending  -15.3% 5.4% -43.3% -34.3% -50.5% -41.8% -26.1% -60.3% -55.2%
Sold  -19.6% -11.5% 14.8% -31.6% -21.1% -24.2% -22.5% -62.4% -61.0%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas.  Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,894    
Total Active Core Area 1,385    
Total Active REO's 275    
Total Short Sale 572    
       
Pending MTD/Projected 164 410  
       
Sold MTD/Projected 93 233  
Percent Sold Over List Price     137.63%
Sold Last Month / % of Difference 392 -40.69%  
Last Year Month / % of Difference 412 -43.57%  
       
Active Listing Mix (Core)      
REO % of TTL 19.86%    
Short Sale % of TTL 41.30%    
REO+SS % of TTL 61.16%    
Traditional Sale % of TTL 38.84%    


Absorption Rate*
Current Month 3.5 Months
At Last Months Rate 6.8 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 Short sale Help.  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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Richard

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