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 March 2023
Since last year, South Antelope Valley has remained a Seller's Market.
Key Takeaway
South Antelope Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Antelope Valley, CA
How much do homes in South Antelope Valley, CA cost?
Median Sold Price
$530,816
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in South Antelope Valley have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in South Antelope Valley was $530,816 in March 2024, down 0.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $215.5K | -46.1% |
| 2 Bedrooms | $369.5K | $385K | +4.2% |
| 3 Bedrooms | $475K | $465K | -2.1% |
| 4 Bedrooms | $550K | $560K | +1.8% |
| 5+ Bedrooms | $652.6K | $660K | +1.1% |
Summary: South Antelope Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.1%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| La Crescenta | $1.2M | $1.2M | +1.7% |
| South Antelope Valley | $535K | $530.8K | -0.8% |
| Palmdale | $505K | $500K | -1.0% |
| Acton | $861.2K | $835K | -3.0% |
Housing Supply in South Antelope Valley, CA
How many homes are available in South Antelope Valley, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 453 | 490 | +8.2% |
Summary: The South Antelope Valley real estate market had 490 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 30 | 34 | +13.3% |
| 3 Bedrooms | 172 | 176 | +2.3% |
| 4 Bedrooms | 179 | 205 | +14.5% |
| 5+ Bedrooms | 70 | 70 | 0.0% |
Summary: The South Antelope Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 108 | +50.0% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Antelope Valley, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.
Summary: A total of 108 homes were sold or pending in South Antelope Valley in March 2024, up by 50.0% month-over-month. Of the 108 sold homes, 36% were sold under asking, 23% were sold at asking, and 41% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 45 Days | -16.3% |
Summary: Homes in South Antelope Valley had an average of 45 days on market in Mar 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Antelope Valley are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 108 homes were sold in South Antelope Valley; 53% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 23% 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.