Palmdale, California is a vibrant city located in the Antelope Valley region of Los Angeles County. The city has a thriving real estate market with a wide range of housing options for buyers. Let’s take a closer look at the current state of the Palmdale real estate market.
Active Homes
As of the time of writing, there are 373 active homes on the market in Palmdale. This means that there are plenty of options for buyers looking to purchase a home in the city.
Average Home Listing Price
The average home listing price in Palmdale is $499,900. This is a reasonable price for a city that offers so much to its residents. With a range of housing options available, buyers can find a home that fits their budget and their lifestyle.
Average Price Per Square Foot
The average price per square foot for a home in Palmdale is $260. This is a reasonable price when compared to other cities in the region. It’s important to note that the price per square foot can vary depending on the location and type of home.
Homes Sold
In the last 30 days, 72 homes have been sold in Palmdale. This shows that there is a strong demand for homes in the city. With plenty of buyers looking to purchase a home in Palmdale, sellers have the advantage in the current market.
Average Days on Market
The average days on market for a home in Palmdale is 51 days. This is a relatively short time compared to other cities in the region. Homes in Palmdale tend to sell quickly, which is great news for sellers.
Average Sold Price
The average sold price for a home in Palmdale is $459,500. This is a reasonable price for a city that offers so much to its residents. With a range of housing options available, buyers can find a home that fits their budget and their lifestyle.
In conclusion, the Palmdale real estate market is thriving with a wide range of housing options available to buyers. With a reasonable average home listing price, a strong demand for homes, and a short average time on the market, Palmdale is a great place to buy or sell a home. If you’re interested in purchasing or selling a home in Palmdale, be sure to work with a local real estate agent like David Petikyan.
