Photo - Greg Hansmann gregsdigitalpics@aol.com

Here’s an overview of the market trends for single family homes in Palmdale and Lancaster from October 2004 through October 2009.  The data includes per period the number of  homes sold, median price, total sales volume and average days on the market (DOM).

                                                  Sales #    Median $       Sales Volume       DOM 

09/30 – 10/30/2004     576          $255,700     $156,840,247       31

09/30 – 10/30/2005     633          $327,500     $215,947,490       25

09/30 – 10/30/2006     342          $347,950     $123,460,598        55

09/30 – 10/30/2007     151          $289,900     $ 43,567,221          70

09/30 – 10/30/2008     698         $162,500      $122,802,542        61

03/30 – 04/30/2009*   855         $112,900      $108,159,680        66

09/30 – 10/30/2009      491         $128,000      $ 67,133,525         40

*Note:  Different time period was added to show that prices hit their lows in spring of 2009.  All information herein is deemed reliable but not guaranteed.