Is South 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, South Antelope Valley has remained a Seller's Market.
Housing Prices in South Antelope Valley, CA
How much do homes in South Antelope Valley, CA cost?
Median Sold Price
$532,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Antelope Valley was $532,000 in May 2024, up 1.3% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $250K | 0.0% |
2 Bedrooms | $350K | $385K | +10.0% |
3 Bedrooms | $469.4K | $475K | +1.2% |
4 Bedrooms | $545.1K | $560K | +2.7% |
5+ Bedrooms | $649.9K | $670K | +3.1% |
Summary: South Antelope Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
La Crescenta | $1.1M | $1.2M | +5.9% |
South Antelope Valley | $525K | $532K | +1.3% |
Palmdale | $500K | $500K | 0.0% |
Acton | $840K | $830K | -1.2% |
Housing Supply in South Antelope Valley, CA
How many homes are available in South Antelope Valley, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
534 | 564 | +5.6% |
Summary: The South Antelope Valley real estate market had 564 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 214 | 214 | 0.0% |
4 Bedrooms | 196 | 221 | +12.8% |
5+ Bedrooms | 94 | 100 | +6.4% |
Summary: The South Antelope Valley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 6.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
118 | 139 | +17.8% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Summary: A total of 139 homes were sold or pending in South Antelope Valley in May 2024, up by 17.8% month-over-month. Of the 139 sold homes, 36% were sold under asking, 24% were sold at asking, and 40% were sold over asking.
Days on Market for South Antelope Valley, CA
How long does it take to sell a home in South Antelope Valley, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 31 Days | -27.1% |
Summary: Homes in South Antelope Valley had an average of 31 days on market in May 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
95 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 139 homes were sold in South Antelope Valley; 68% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.