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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley April 11, 2011.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley April 11, 2011.
This coming Saturday, April 16th from 8:00 a.m. - noon at Waste Management of Lancaster (Lancaster Landfill), 600 East Ave. F, Lancaster. FREE Dump Day is available to LA County Unincorporated Area residents of the Antelope Valley ONLY. Residents may drop off up to one ton of trash. This includes appliances, furniture, trash, and certain electronic waste such as Cathode Ray Tubes (CRT) TV's and computer monitors. **Important - residents must bring proof of residency** Please cover up your load to prevent litter. No business waste, tires, mattresses or household hazardous waste (paint, cleaning products, etc.) will be accepted. For more information, you can call 661-947-7197 or visit www.cleanla.com
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Mar Feb Jan '11 Dec Nov Oct Sep Aug July June May April March
Listed 690 443 550 555 579 541 642 692 675 659 624 716 732
Pending 504 414 392 402 416 382 530 497 475 579 490 698 677
Sold 389 299 297 422 348 341 486 376 412 469 417 327 512
% CHG Month over Month
Listed 35.8% -24.2% -0.9% -4.3% 6.6% -18.7% -7.8% 2.5% 2.4% 5.3% -14.7% -2.2%
Pending 17.9% 5.3% -2.6% -3.5% 8.2% -38.7% 6.2% 4.4% -21.9% 15.4% -42.4% 3.0%
Sold 23.1% 0.7% -42.1% 17.5% 2.0% -42.5% 22.6% -9.6% -13.8% 11.1% 21.6% -56.6%
% CHG Current Month over Same Month Last Year
Listed -6.1% -57.3% -25.6% -7.7% -30.6% -21.8%
Pending -34.3% -50.5% -41.8% -26.1% -60.3% -55.2%
Sold -31.6% -21.1% -24.2% -22.5% -62.4% -61.0%

Dailys* Statistics track the current Real Estate Market in the Antelope Valley, Palmdale & Lancaster. Homes For Sale
New Listings 29
Back on Market 4
Price Increases 4
Price Reductions 25
Pendings 33
Solds 21
Expireds 13
Inactives 12
Month to Date and Projected Opened Escrows*
Total Active 1,940
Total Active Core Area 1,420
Total Active REO's 290 10 Added
Total Short Sale 615 6 Added
Pending MTD/Projected 165 413
Sold MTD/Projected 99 248
Percent Sold Over List Price 51.52%
Sold Last Month / % of Difference 389 -36.38%
Last Year Month / % of Difference 327 -24.31%
Active Listing Mix (Core)
REO % of TTL 20.42%
Short Sale % of TTL 43.31%
REO+SS % of TTL 63.73%
Traditional Sale % of TTL 36.27%


Absorption Rate*
Current Month 4.6 Months
At Last Months Rate 6.7 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 please visit her web-site. 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.

Posted Tuesday Apr 12