News You Can Use 1/22/10

Hello Real Estate Fans!

Brace yourselves; it’s starting to rain again.

Here is the news you can use from Apple Valley, CA

This week’s stats were out of the ordinary.
Just an observation, there were 3 houses sold under 90% of asking price.
In a market where many people are going over asking it was just unusual.


As of 1/15/10
There are 280 active houses for sale.
70 homes are contingent
175 went pending this week.
All of those numbers are up from last week.

Down from last week is……
14 homes sold this week.
But let’s remember that MLK day closed the recorders office.
So there was one less business day.

Average square foot of house is 2244

Average price per square foot $72.85
This is almost $9 a foot LESS than last week.

Average days on market 49

Average sale price $174,479

The % of sales price to list price 96.37%.

2 were short sales
6 were bank owned.

Lowest price home was sold for $53,000.
Highest price home sold for $385,000.

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

News You Can Use

Hello Real Estate Fans!

A rainy hello from the Desert…….

Here is the news you can use from Apple Valley, CA

As of 1/15/10
There are 274 active houses for sale.
57 homes are contingent
163 went pending this week.
27 homes sold this week.

Average square foot of house of houses sold 2252

Average price per square foot $81.97

Average days on market 43

Average sale price $185,730

The % of sales price to list price 99.04%.

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Haiti Fund Raiser Sat.

American Red Cross, High Desert Chapter Haiti Relief "Drive Thru" Fundraiser!

Haiti Relief "Drive Thru" Fundraiser

DATE: Saturday, January 16, 2010

TIME: 8:00 am to 4:00 pm

LOCATION: San Bernardino County Fairgrounds

Please drive thru our fundraiser at the Victorville Fairgrounds off of 7th Street and make a tax deductible donation for the victims of the Haiti earthquake!


American Red Cross, High Desert Chapter

16248 Desert Knoll Dr.

Victorville, California 92395
760-245-6511

Apple Valley Real Estate News

Hello Real Estate Fans!

Welcome to 2010, here is the real estate news you can use for Apple Valley, CA.


As of 1/8/10
There are 278 active houses for sale.
50 homes are contingent
163 went pending this week.
31 homes sold this week.

One sale was a short sale, 19 were bank owned, the balance were not reported as REO or short sales, so they should be standard sales.

I wanted to compare the bank owned and the standard sales
# will represent bank owned sales
* will represent standard sales

Average square foot of house
# 1916
* 2081

Average price per square foot
# $65.71
* $84.72

Average days on market
# 36
* 38

Average original list price
# $135,251
* $193,836

Average sale price
# $177,091
* $129,032

The % of sales price to list price
# 100.42
* 90.55

Number of sales at or over asking price
# at asking 3 sales over asking 9 sales
* at asking 2 sales over asking 3 sales

Thanks to VVMLS for the stats.

Happy House Hunting from Karen @ Hamilton Landon GMAC
www.VictorValleyDreamHomes.com

Apple Valley Market Conditions Snap Shot 08-09