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Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 26 2009

If you are facing foreclosure selling Short might be the right answer for your situation, let Janet O’Brian short sale agent give you straight answers to your questions you’ll be glad to did.

Just the numbers today...


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Pre-foreclosures

Monthend Numbers

September '09 August '09
Listed 701 691
Pending 725 564
Sold 564 621

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 6
Back on Market 4
Price Increases 0
Price Reductions 4
Pendings 8
Solds 6
Expireds 5
Inactives 2


Month to Date and Projected open Escrows*

Total Active 1,081
Total Active Core Area 731
Total Active REO's 175
Total Short Paids 248 Pre-foreclosures
Pending MTD/Projected 509 / 607
Sold MTD 377 Projected - 450 - With 74.1% closing
Sold Last Month 564 Solds are Down 20.3% from last month


Absorption Rate*

Current Month 1.2 Months
At Last Months Rate 1.3 Months

Historical High 5300+ Mid 2007

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Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation please visit her web-site.

(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.

Posted Monday Oct 26