The Town of Apple Valley Real Estate News for Nov 2011

Hello Real Estate Fans!

Yes homes are selling in Apple Valley. Here is the news for Nov.2011.

There are currently 332 homes listed.
Of those 86 are bank owned.
76 are short sales.

Looking at the active listing of homes that are standard sales
74 houses that are under 2000 sq ft.
The average home is 1412 sq ft and is listed for $117,644.

94 houses that are over 2000 sq ft.
The average house is 2971 sq ft and is $305,831.

84 homes are listed as contingent. So there is an active offer with some issue that is keeping it from being in escrow.

There are 159 houses pending or in escrow, 56 of those are listed as bank owned and 38 are short sale.

About the solds.
There were 94 sales reported in Nov. as of Dec.1.
The average home was 1922 sq ft and sold for $115,750.

The lowest sale was $31,000 the highest sale was $315,750.
Selling at $98.8% of asking price and $65.20 a sq ft.

Thanks to the VVAR.com for the stats.

If you need any information about selling or buying in the Victor Valley, please call Real Living Hamilton Landon at 760.242.8157 or call me direct at 760.684.0250.

Here to help you with your real estate needs.
Karen Sanchez
CA DRE#1804752