“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Real Estate Trends - Palmdale, Lancaster and the Greater Antelope Valley November 3 '09

The Palmdale City Council voted to place on the November 3, 2009 General Municipal Election a ballot measure for the City of Palmdale to become a Charter City. If approved by the voters, the City Charter would serve as the constitution of the City of Palmdale and would provide Palmdale residents with the maximum authority permitted by law over the City’s municipal affairs.

Janet O'Brian is a Certified Short Sales Specialist in California and is ready to help you with your situation…

Monthend Numbers

October '09 September '09 August '09
Listed 659 701 691
Pending 593 725 564
Sold 549 564 621

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 44
Back on Market 7
Price Increases 2
Price Reductions 7
Pendings 38
Solds 35
Expireds 6
Inactives 4


Month to Date and Projected open Escrows*

Total Active 1,080
Total Active Core Area 718
Total Active REO's 175
Total Short Paids 243 Pre-foreclosures
Pending MTD/Projected 49 / 490
Sold MTD 23 Projected - 230 - With 46.9% closing
Sold Last Month 549 Solds are xxxx from last month


Absorption Rate*

Current Month 1.3 Months
At Last Months Rate 1.4 Months

Historical High 5300+ Mid 2007

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/.

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 Tuesday Nov 03