The Antelope Valley got some great news last Thursday the AV Line Infrastructure Improvement Strategic Plan has been approved by the MTA Board.
The improvements once completed will give the Antelope Valley rail connection to San Diego, with a Metro-link Station at the Bob Hope Airport, according to a press release issued by MTA.
Moreover the vote took a big step forward in getting real-world fast transit for our residents in the Antelope and California. Palmdale could become a major rail hub with California High Speed rail. From Bakersfield to Palmdale then connecting Las Vegas or Victorville is planed. There are upgrading to the Antelope Valley Line be
tween Downtown Los Angeles and Lancaster using $1 billion secured from the High Speed Rail Authority for rail improvements is the top priority.
It is good to see some movement on the High Speed rail; we really need to keep pushing this project forward. California can leading the nation with High Speed rail.
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation…Short Sale
| Monthend Numbers | |||||||||||||
| Feb | Jan '12 | Dec | Nov | Oct | Sep | Aug | July | June | May | Apr | Mar | Feb | |
| Listed | 561 | 601 | 599 | 732 | 797 | 813 | 679 | 631 | 646 | 620 | 561 | 690 | 443 |
| Pending | 495 | 581 | 522 | 572 | 568 | 585 | 542 | 468 | 502 | 518 | 487 | 504 | 414 |
| Sold | 308 | 416 | 476 | 467 | 557 | 545 | 413 | 369 | 392 | 374 | 384 | 389 | 299 |
| % CHG Month over Month | |||||||||||||
| Listed | -7.1% | 0.3% | -22.2% | -8.9% | -2.0% | 16.5% | 7.1% | -2.4% | 4.0% | 9.5% | -23.0% | 35.8% | |
| Pending | -17.4% | 10.2% | -9.6% | 0.7% | -3.0% | 7.4% | 13.7% | -7.3% | -3.2% | 6.0% | -3.5% | 17.9% | |
| Sold | -35.1% | -14.4% | 1.9% | -19.3% | 2.2% | 24.2% | 10.7% | -6.2% | 4.6% | -2.7% | -1.3% | 23.1% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | 21.0% | 8.5% | 7.3% | 20.9% | 32.1% | 21.0% | -1.9% | -7.0% | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% |
| Pending | 16.4% | 32.5% | 23.0% | 27.3% | 32.7% | 9.4% | 8.3% | -1.5% | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% |
| Sold | 2.9% | 28.6% | 11.3% | 25.5% | 38.8% | 10.8% | 9.0% | -11.7% | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% |
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 | 1,254 | ||
| Total Active Core Area | 888 | ||
| Total Active REO's | 156 | ||
| Total Short Sale | 335 | ||
| Pending MTD/Projected | 397 | 473 | |
| Sold MTD/Projected | 288 | 343 | |
| Percent Sold Over List Price | 48.61% | ||
| Sold Last Month / % of Difference | 308 | 11.49% | |
| Last Year Month / % of Difference | 389 | -11.73% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 17.57% | ||
| Short Sale % of TTL | 37.73% | ||
| REO+SS % of TTL | 55.29% | ||
| Traditional Sale % of TTL | 44.71% |
Absorption Rate*
Current Month 4.0 Months
At Last Months Rate 5.5 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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