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Home Real Estate Trends - Palmdale, Lancaster, ...

Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Febuary 1, 2011

Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Febuary 1, 2011
East Palmdale has a new place to eat Panera Bread Opens in the Super Target Center located at 47th East and Avenue R. You can find Ross, Home Depot, El Pollo Loco, Petsmart and a lot more. East Palmdale has some of the best shopping choices in the high desert.

You can fine great prices on homes on the east side too. How does $150,000 for a newer six bedroom home sound to you? Great! Well we have them in the high desert. Palmdale also has lots to do from the Palmdale Playhouse, Concert and Symphonic Orchestras just to name a few. So if you are looking to upside or downside give the high desert a look you might just find you love it....

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure

Monthend Numbers
Jan '11 Dec Nov Oct Sep Aug July June May April March Feb Jan '10
Listed 550 555 579 541 642 692 675 659 624 716 732 697 691
Pending 392 402 416 382 530 497 475 579 490 698 677 623 556
Sold 297 422 348 341 486 376 412 469 417 327 512 362 369
% CHG Month over Month
Listed -0.9% -4.3% 6.6% -18.7% -7.8% 2.5% 2.4% 5.3% -14.7% -2.2% 4.8% 0.9%
Pending -2.6% -3.5% 8.2% -38.7% 6.2% 4.4% -21.9% 15.4% -42.4% 3.0% 8.0% 10.8%
Sold -42.1% 17.5% 2.0% -42.5% 22.6% -9.6% -13.8% 11.1% 21.6% -56.6% 29.3% -1.9%
% CHG Current Month over Same Month Last Year
Listed -25.6% -7.7% -30.6% -21.8%
Pending -41.8% -26.1% -60.3% -55.2%
Sold -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 41
Back on Market 30
Price Increases 1
Price Reductions 39
Pendings 29
Solds 26
Expireds 25
Inactives 91
Month to Date and Projected Opened Escrows*
Total Active 2,011
Total Active Core Area 1,454
Total Active REO's 278 5 Added
Total Short Sale 624 7 Added
Pending MTD/Projected 2 56
Sold MTD/Projected 1 28
Percent Sold Over List Price 0.00%
Sold Last Month / % of Difference 297 -90.57%
Last Year Month / % of Difference 362 -92.27%
Active Listing Mix (Core)
REO % of TTL 19.12%
Short Sale % of TTL 42.92%
REO+SS % of TTL 62.04%
Traditional Sale % of TTL 37.96%


Absorption Rate*
Current Month 4.6 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 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 Feb 01