Homes are coming on to the market daily in the Antelope Valley, Palmdale, and Lancaster area with renewed frenzy. Short Sale and bank owned as well as normal sales. Prices have leveled off and for the first time in 3 years have gone up over all. February 2010 homes prices were 2.6% higher than February 2009! The Antelope Valley has made turned corner and is headed for recovery. In recent posts I have outlined the fact that the Antelope Valley , Palmdale, Lancaster cities are growing with big plans currently in the works and is going to be the place to be living in for years to come.
If you are looking to sell or buy now is the time don’t miss out on this opportunity to get into your dream home and lock in great interest rate and build worth for the future.
Keller Williams Realty AV Ranked #1 in the Antelope ValleyJanet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures
| Feb | Jan '10 | Dec '09 | Nov | Oct | Sep ' | Aug ' | |
| Listed | 697 | 691 | 598 | 756 | 659 | 701 | 691 |
| Pending | 623 | 556 | 507 | 667 | 593 | 725 | 564 |
| Sold | 362 | 369 | 517 | 565 | 549 | 564 | 612 |
Dailys* Statistics track the current Real Estate Market in the Antelope Valley, Palmdale & Lancaster.
| New Listings | 37 |
| Back on Market | 12 |
| Price Increases | 5 |
| Price Reductions | 17 |
| Pendings | 35 |
| Solds | 18 |
| Expireds | 7 |
| Inactives | 5 |
| Month to Date and Projected Open Escrows* | |||
| Total Active | 1,355 | ||
| Total Active Core Area | 912 | ||
| Total Active REO's | 214 | 4 | Added |
| Total Short Sale | 298 | 7 | Added |
| Pending MTD/Projected | 184 | 634 | 63.6% |
| Sold MTD | 117 | 403 | |
| Sold Last Month | 362 | 11.3% | |
| Last Year Month | 701 | -42.5% | |
| Active Listing Mix | |||
| REO % of TTL | 23.5% | ||
| Short Sale % of TTL | 32.7% | ||
| REO+SS % of TTL | 56.1% | ||
| Normal % of TTL | 43.9% |
Current Month 1.7 Months
At Last Months Rate 2.4 Months
Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700
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
(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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