In terms of overall unit sales volume, Antelope is at almost the same spot today as it was last year at the same time. Call it the January doldrums if you will, but we have only a marginal improvement of 7.8% over last January’s sales. Even the 42 foreclosures that sold this January are nearly the same as last year (40). Year over year, the picture looks much the same, except for one big change. As with most other places in Sacramento county, we are beginning to see short sales finally beginning to sell. Short sales in Antelope show an increase of 200% year over year. This month, 9 short sales closed escrow, as compared with just 3 last January. Non-distressed sales show a drop of 50% year over year.

With prices as well, there’s nothing new. Current sold price per square foot is at $119.14, down 15.6% over last January’s sold price at $141.17. Average sales price is at $204,291 down 13.4% over last January’s $235,838. Median sales price in Antelope also shows a drop of 15% year over year from $240,000. It is currently $204,500.

With sales not changing much year over year, inventory is the same whether you look at the last 12 months of sales or the last 6 months. With both, we come up with 3.5 months of overall inventory and 0.8 months of foreclosure inventory.

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