Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 15, 2012.
So we are starting to hear rumblings that this summer in the Antelope Valley, Palmdale and Lancaster will have extra fun stuff going on.
But in case you need something sooner the Palmdale Playhouse is presenting the Palmdale Concert and Symphonic Orchestras’ “A Little Bit of Night Music” directed by Patricia Graham this Saturday, February 18, 2012 at 7:30 pm, featuring Wolfgang Amadeus Mozart's Symphony No. 40, a work of indestructible beauty.
The Amgen Tour of California Stage 6 Starting Location has been selected and it’s in Palmdale! Amgen officials have selected Marie Kerr Park as the starting location for Stage 6 of the race, scheduled for Friday, May 18.
The Palmdale DryTown water park is Great Family Fun and it is close-by and reasonable! Now you can climb to the top of the 3 stories high DryTown mining shaft and hit the rushing rivers slides of water offering thrills of a lifetime! You’ll begin your slick fall down The Devil's Punch Bowl, Rattler's Revenge or The Wildcatter, splashing, twisting and careening at speeds up to 30 mph … the ultimate in excitement and fun!
Thursday Night on the Square is held on eight consecutive Thursday evenings each summer. Guests enjoy lively music, enticing food, free kids activities and an open air market featuring specialty items. Please join us for the summer of 2012 for eight weeks of family fun!
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 | 1,485 | ||
Total Active Core Area | 1,065 | ||
Total Active REO's | 209 | ||
Total Short Sale | 481 | ||
Pending MTD/Projected | 209 | 433 | |
Sold MTD/Projected | 134 | 278 | |
Percent Sold Over List Price | 50.75% | ||
Sold Last Month / % of Difference | 416 | -33.28% | |
Last Year Month / % of Difference | 297 | -6.54% | |
Active Listing Mix (Core) | |||
REO % of TTL | 19.62% | ||
Short Sale % of TTL | 45.16% | ||
REO+SS % of TTL | 64.79% | ||
Traditional Sale % of TTL | 35.21% |
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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