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

By
Real Estate Agent with Home Based Realty 01737966/01367311
Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley July 10 2009
Today’s daily numbers show an upwards tic in all areas a small up-tic. If this continues over the next few weeks we might be seeing the first signs of an swell in available inventory.  

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 14  
Price Increases 2  
Price Reductions 12  
Pendings 51  
Solds 31  
Expireds 8  
Inactives 10  

Month to Date and Projected open Escrows*
Total Active   1,215  
Total Active Core Area      828  
Total Active REO's      227   
Total Short Paids      346  
   
Pending MTD/Projected      230 /  713

Absorption Rate*

Current Month 2.0 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.


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Richard

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