Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley
June 30 2009
We are closing out June 2009 with the same trend buyers everywhere with a dwindling available inventory. With only about a month and haft left at current consumption, buyers need to know that they can still find their dream home but the process has changed. No longer can they pay list as most if not all are being bided up with multiple offers.

As we move into the most active buying season without enough inventory to go around it will become frustrating to buyers not getting the home they want.

However with a local buyer Agent you can rest-a-sure you’ll be in good hands. So if you are looking to find your dream home give us a call we’ll work for YOU…

The new look of the Dailys which are a set of number tracking the current trand in the Ral Estate Market in the Antelope Vally.

Dailys*

New Listings	30
Back on Market	10
Price Increases	1
Price Reductions	16
Pendings	24
Solds	46
Expireds	4
Inactives	15

Month to Date and Projected open Escrows*

Absorption Rate*
Current Month 1.3 Months
At Last Months Rate 1.2 Months

Historical High 5300+ Mid 2007

Team O'Brian 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/.

(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.