Sales have been quite depressed in the Antelope area after the surge in sales we experienced last year. So I suppose it’s natural to see some unit volume drops. The majority of the unit volume drops have been in the foreclosure sales where just 22 homes sold this November over 57 last November. That’s a fall of 61.4%. Short sales remained about the same at 9 and we saw some small increases in non-distressed sales from 8 last November to 12 this month. Even so, non-distressed sales now make up over 1 out of 4 sales as compared with just over 1 out of 10 last November.

Average price per square foot hasn’t budged much since September of 2009. Average price per square foot is now at $114.72 down 8.3% from $125.07 last November. Average sales price is now $177,327 down 11.1% year over year from a high of $199,432. Median sales price is now at $185,000.

Inventory is currently at 4.5 months based on the last year of sales and 4.6 months based on the last six months of sales.

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