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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 10 '09

Antelope Valley Winery Open House - Holiday Open House, Music Festival, and Sale for Saturday, November 14th, from Noon to 5:00PM. Marc Macisso and Thelonius Dub will be our musical entertainment. This will be the opportunity for the public to be introduced to our first Pinot Noir and wine club members will have their own VIP area where they will be treated to another barrel sampling. We will be offering a Buffalo Burger or Buffalo Hot Dog lunch and 25% mixed case discounts on regularly priced AV Wines. Rikki Tikki the clown will be here from 12-2PM for the kids. Don’t miss this great event!

Movie making on tap in Palmdale this Wednesday Veterans Day Sierra Hwy will be closed from Ave R to Ave S to through traffic. We are not sure what is being filmed, I bet I’ll be checking it out for some candid pictures…


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

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 37
Back on Market 5
Price Increases 5
Price Reductions 10
Pendings 29
Solds 29
Expireds 5
Inactives 5


Month to Date and Projected open Escrows*

Total Active 1,077
Total Active Core Area 709 Under 700 Nov 6 '09
Total Active REO's 158 - 5 added
Total Short Paids 248 - 5 added Pre-foreclosures
Pending MTD/Projected 190 / 590
Sold MTD 120 Projected - 360 - With 63.2% closing
Sold Last Month 549 Solds are down 34.4% Project from last month


Absorption Rate*
Current Month 1.4 Months
At Last Months Rate 1.6 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 10