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October 11, 2007

Palmdale, CA Market Recap for September 2007

Here are the latest real estate market statistics for Palmdale, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 45.4%*

Average August 2007 September 2007 % Change
Asking Price $364,157 $345,398 -5.2%
Sales Price $355,004 $340,769 -4.0%
% of Asking Price 98% 99% 1.0%
$/SQFT $186 $168 -9.7%
Days on Market 99 116 17.2%
Total Transactions 95 70 -26.3%

Search for homes in Palmdale, CA and read a neighborhood overview of the Palmdale, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 10/9/2007: 3,230 properties on the market with 1,467 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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