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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 15, 2012.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 15, 2012.
So we are starting to hear rumblings that this summer in the Antelope Valley, Palmdale and Lancaster will have extra fun stuff going on.

But in case you need something sooner the Palmdale Playhouse is presenting the Palmdale Concert and Symphonic Orchestras’ “A Little Bit of Night Music” directed by Patricia Graham this Saturday, February 18, 2012 at 7:30 pm, featuring Wolfgang Amadeus Mozart's Symphony No. 40, a work of indestructible beauty.

The Amgen Tour of California Stage 6 Starting Location has been selected and it’s in Palmdale! Amgen officials have selected Marie Kerr Park as the starting location for Stage 6 of the race, scheduled for Friday, May 18.

The Palmdale DryTown water park is Great Family Fun and it is close-by and reasonable! Now you can climb to the top of the 3 stories high DryTown mining shaft and hit the rushing rivers slides of water offering thrills of a lifetime! You’ll begin your slick fall down The Devil's Punch Bowl, Rattler's Revenge or The Wildcatter, splashing, twisting and careening at speeds up to 30 mph … the ultimate in excitement and fun!

Thursday Night on the Square is held on eight consecutive Thursday evenings each summer. Guests enjoy lively music, enticing food, free kids activities and an open air market featuring specialty items. Please join us for the summer of 2012 for eight weeks of family fun!

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

Monthend Numbers
Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb Jan '11
Listed 601 599 732 797 813 679 631 646 620 561 690 443 550
Pending 581 522 572 568 585 542 468 502 518 487 504 414 392
Sold 416 476 467 557 545 413 369 392 374 384 389 299 297
% CHG Month over Month
Listed 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8% -24.2%
Pending 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9% 5.3%
Sold -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1% 0.7%
% CHG Current Month over Same Month Last Year
Listed 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3% -25.6%
Pending 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5% -41.8%
Sold 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1% -24.2%

Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,485
Total Active Core Area 1,065
Total Active REO's 209
Total Short Sale 481
Pending MTD/Projected 209 433
Sold MTD/Projected 134 278
Percent Sold Over List Price 50.75%
Sold Last Month / % of Difference 416 -33.28%
Last Year Month / % of Difference 297 -6.54%
Active Listing Mix (Core)
REO % of TTL 19.62%
Short Sale % of TTL 45.16%
REO+SS % of TTL 64.79%
Traditional Sale % of TTL 35.21%

Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

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/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(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.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.

Posted Wednesday Feb 15