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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 10, 2012.

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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 Feb 10, 2012.
PALMDALE - The City of Palmdale’s South Antelope Valley Emergency Services (SAVES) food and shelter program received a generous donation of $10,000 from Yard House restaurants as part of the Round It Up America® program. The check was presented by Yard House Manager Gil Vance and accepted by SAVES Coordinator Patricia Morales, and Palmdale Mayor Jim Ledford.  Yard House corporate donated $5,000 and the Palmdale Yard House matched it bringing the total to $10,000.

“The generosity of Yard House and its customers is nothing short of amazing,” said SAVES Coordinator Patricia Morales. “Through their kindness, families in need in the South Antelope Valley will receive essential services to help them through difficult times.”

“Yard House is a model example of an organization coming into a community and making a difference not only through its exceptional food and service, but in giving back,” said Palmdale Mayor Jim Ledford.  “Our residents, too, have shown where their hearts are by graciously ‘rounding up’ their bills for this worthwhile cause.”


Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale 
Monthend Numbers
Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb Jan '11
Listed  601 599 732 797 813 679 631 646 620 561 690 443 550
Pending  581 522 572 568 585 542 468 502 518 487 504 414 392
Sold  416 476 467 557 545 413 369 392 374 384 389 299 297
% CHG Month over Month
Listed  0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8% -24.2%
Pending  10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9% 5.3%
Sold  -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1% 0.7%
% CHG Current Month over Same Month Last Year
Listed  8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3% -25.6%
Pending  32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5% -41.8%
Sold  28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1% -24.2%


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 1,508    
Total Active Core Area 1,188    
Total Active REO's 216    
Total Short Sale 365    
       
Pending MTD/Projected 152 441  
       
Sold MTD/Projected 108 313  
Percent Sold Over List Price     50.93%
Sold Last Month / % of Difference 416 -24.71%  
Last Year Month / % of Difference 297 5.45%  
       
Active Listing Mix (Core)      
REO % of TTL 18.18%    
Short Sale % of TTL 30.72%    
REO+SS % of TTL 48.91%    
Traditional Sale % of TTL 51.09%    


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 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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