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24 May

Antelope Real Estate Market Update: April 2010

Posted May 24th, 2010 | View Comments

66 homes closed escrow in the month of April in Antelope, an overall unit volume increase of 10% year over year. Foreclosure sales fell 45.5% while short sales increased 86.7% for the same period. Non-distressed sales also increased year over year 66.7%. In fact, 1 out of every 3 homes are now non-distressed sales as compared with 1 out of 5 last April, a bit of an improvement in the overall health of the Antelope real estate market.

Average price per square foot is now $112.49, which is a 1.8% decline year over year from a high of $114.57. Average sales price now rests at $179,596 which is a 2.3% decline for the same period. Last April, the average sales price for a home in the 95843 zip code was $183,855. Median sales price is now $185,000.

Inventory in Antelope is now at 5.1 months based on the last year of sales and 5.7 months based on the last six months of sales. Foreclosure inventory is around 1 month.

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