Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley August 9, 2011

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Real Estate Agent with Home Based Realty 01737966/01367311
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley August 9, 2011.

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale 
Monthend Numbers
July June May Apr Mar Feb Jan '11 Dec Nov Oct Sep Aug
Listed  631 646 620 561 690 443 550 555 579 541 642 692
Pending  468 502 518 487 504 414 392 402 416 382 530 497
Sold  369 392 374 384 389 299 297 422 348 341 486 376
% CHG Month over Month
Listed  -2.4% 4.0% 9.5% -23.0% 35.8% -24.2% -0.9% -4.3% 6.6% -18.7% -7.8%
Pending  -7.3% -3.2% 6.0% -3.5% 17.9% 5.3% -2.6% -3.5% 8.2% -38.7% 6.2%
Sold  -6.2% 4.6% -2.7% -1.3% 23.1% 0.7% -42.1% 17.5% 2.0% -42.5% 22.6%
% CHG Current Month over Same Month Last Year
Listed  -7.0% -2.0% -0.6% -27.6% -6.1% -57.3% -25.6% -7.7% -30.6% -21.8%
Pending  -1.5% -15.3% 5.4% -43.3% -34.3% -50.5% -41.8% -26.1% -60.3% -55.2%
Sold  -11.7% -19.6% -11.5% 14.8% -31.6% -21.1% -24.2% -22.5% -62.4% -61.0%


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 1,940    
Total Active Core Area 1,445    
Total Active REO's 299    
Total Short Sale 610    
       
Pending MTD/Projected 137 472  
       
Sold MTD/Projected 104 358  
Percent Sold Over List Price     49.04%
Sold Last Month / % of Difference 392 -8.62%  
Last Year Month / % of Difference 376 -4.73%  
       
Active Listing Mix (Core)      
REO % of TTL 20.69%    
Short Sale % of TTL 42.21%    
REO+SS % of TTL 62.91%    
Traditional Sale % of TTL 37.09%    


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.

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Rainmaker
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Don Gockel
The Gockel Group - Palmdale Lancaster Quartz Hill - - Palmdale, CA
Realtor, Broker, GRI - Antelope Valley Real Estate

Richard/Janet -  It looks to me like the numbers are stabilizing and in some cases, getting better. I know you spend a lot of time putting this together and you do a nice job. Keep up the good work.

Don Gockel, The Gockel Group
www.homes-on-the-web.com

November 16, 2011 04:00 PM #1
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Rainmaker
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Richard & Janet OBrian

Listing Specialist Palmdale, Lancaster CA
Looking to sell we can Help, we get it done!
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