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

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley July 10 2009
Today’s daily numbers show an upwards tic in all areas a small up-tic. If this continues over the next few weeks we might be seeing the first signs of an swell in available inventory.

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	44
Back on Market	14
Price Increases	2
Price Reductions	12
Pendings	51
Solds	31
Expireds	8
Inactives	10

Month to Date and Projected open Escrows*

Total Active	1,215
Total Active Core Area	828
Total Active REO's	227
Total Short Paids	346
Pending MTD/Projected	230	/ 713

Absorption Rate*
Current Month 2.0 Months
At Last Months Rate 1.2 Months

Historical High 5300+ Mid 2007

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(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.