Although foreclosure sales are falling, the Antelope real estate market for sales isn’t looking too bad – or didn’t in August. Unit volume gained 15.2% year over year, which is no mean task in itself and non-distressed sales doubled for the same period, going from just 12% of all sales to 25%. 76 homes sold in all, of which 34 were foreclosure sales, 23 were short sales and 19 were non-distressed. Thus, we have a gain overall, even though foreclosure sales fell 21% year over year.

Average sold price per square foot is currently at $116.44 which is 11% under last August’s price of $131.02. Homebuyers also afforded themselves homes on average 6.2% bigger than they did last year. Average sales price – currently at $198,733, down 5.6% year over year from a high of $210,464 – reflects this number so the more accurate measure is average price per square foot. Median sales price rests at $199,000 this month.

Inventory in Antelope is at 3.8 months based on the last year of sales and 4.2 months based on the last six months of sales.

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