Antelope Real Estate Market Update: July 2010
The last time we looked at the real estate market in Antelope in April of this year, the market didn’t look much different from this month. 59 homes have sold in the month of July, an overall unit volume decline of 21.3% year over year. Foreclosure sales alone fell 28.6%. There have been falling sales in all categories we track including short sales (which fell 5.9%) and non-distressed sales as well (which fell 18.8%) year over year.
The overall ratio of distressed sales to non-distressed has not change dramatically year over year. Approximately 4 out of 5 homes sold continue to be distress sales in the area of Antelope, the zip code of 95843 in Sacramento county.
Average sold price per square foot is now $111.14 which is 4.5% lower than it was a year ago. Last July, it was at a high of $116.43. Average sales price has risen since we last took a a look at Antelope. However, it is still 3.5% lower than it was last July when it was $202,764. Currently, it is $195,621. Median sales price rose 1.5% for the same period from $197,100 to a high of $200,000.
Inventory has fallen since we last looked to 4.3 months based on the last year of sales.
