Is North Antelope Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Antelope Valley has remained a Seller's Market.
Key Takeaway
North Antelope Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Antelope Valley, CA
How much do homes in North Antelope Valley, CA cost?
Median Sold Price
$455,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Antelope Valley have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in North Antelope Valley was $455,000 in May 2024, up 4.6% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $233.2K | $270K | +15.8% |
| 2 Bedrooms | $300K | $325K | +8.3% |
| 3 Bedrooms | $400K | $421.4K | +5.4% |
| 4 Bedrooms | $465.5K | $490K | +5.3% |
| 5+ Bedrooms | $575K | $587.5K | +2.2% |
Summary: North Antelope Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Newhall | $750K | $785.3K | +4.7% |
| North Antelope Valley | $434.9K | $455K | +4.6% |
| Lancaster | $440K | $460K | +4.5% |
| Lake Hughes | $395K | $410K | +3.8% |
| Rosamond | $399.9K | $400K | 0.0% |
Housing Supply in North Antelope Valley, CA
How many homes are available in North Antelope Valley, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 525 | 516 | -1.7% |
Summary: The North Antelope Valley real estate market had 516 homes for sale in May 2024, a 1.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 38 | 33 | -13.2% |
| 3 Bedrooms | 204 | 206 | +1.0% |
| 4 Bedrooms | 211 | 190 | -10.0% |
| 5+ Bedrooms | 65 | 81 | +24.6% |
Summary: The North Antelope Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 132 | 121 | -8.3% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Antelope Valley, you could pay more than the asking price. 48.8% of homes here sold above asking price last month.
Summary: A total of 121 homes were sold or pending in North Antelope Valley in May 2024, down by 8.3% month-over-month. Of the 121 sold homes, 23% were sold under asking, 28% were sold at asking, and 49% were sold over asking.
Days on Market for North Antelope Valley, CA
How long does it take to sell a home in North Antelope Valley, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 32 Days | -30.9% |
Summary: Homes in North Antelope Valley had an average of 32 days on market in May 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
91 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Antelope Valley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 121 homes were sold in North Antelope Valley; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.