Yes, as reported by the AV Press today, home sales in the Antelope Valley (Palmdale / Lancaster, CA) are way WAY up from last year … here’s the numbers released by the Greater Antelope Valley Association of REALTORS:
- 773 homes sold in March 2009 (282 in March 2008)
- 2111 Homes sold Jan 2009-Mar 2009 (654 sold Jan-Mar 2008)
- Average sales price $129,390 in March 2009 (DOWN 46% from March 2008)
- Average sales price $140,401 Jan-Mar 2009 (DOWN 44% from Jan-March 2008)
- About 2500-3000 active listings (DOWN from about 5500 Q4 2008)
So what does this mean? A few things, in my opinion.
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