A slow climb upwards? We’ll have to see. But one thing’s for certain: with the foreclosure sales drying up in Antelope, the stampede is definitely over. Unit volume fell by 15.7% year over year. Total real estate sales added up to just 75 of which the majority (42) are still REOs but these are quickly losing ground to short sales (17) and non-distressed properties (16). Foreclosure sales fell by 32.3% year over year while short sales gained 21% and non-distressed sales 23% for the same period.

Price per square foot inched up over last month, but are still 15.7% under last July. They are currently $116.43. Average sales price is $202,764 – 9% lower year over year. Median sales price currently rests at $197,100.

Inventory is at 3.9 months based on the last year of sales and 4.4 months based on the last six months of sales. Foreclosure inventory is at 0.5 months and 0.7 months respectively.

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