Real Estate Market Update for Palmdale, CA
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 19% from one year earlier, and down 6% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 24%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 31% year-over-year, and increased 25% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Palmdale, CA
Area Information for Palmdale, CA
  • Population: 154,293
  • Median Age: 29.84 yr
  • Median Commute Time: 39.45 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 1,456/sq mi
  • Population Change Since 2000: 31.43%
  • Closest Airport: Bob Hope
  • Closest College: Los Angeles Mission College
  • Closest Jr. College: Antelope Valley College
  • Median Household Income: $57,579
  • Annual Residential Turnover: 20.42%
  • Median Years in Residence: 3.08 yr
  • Median Home Sales Price: $142,500
  • Closest Major Sports Team: Dodgers
  • Change Avg. Household Income Since 2000: 23%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Palmdale, CA
Median Age: 29.84 Married: 29% Number of Households: 43,399 Households with Children: 23,886
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Palmdale, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Shadow Hills Intermediate School 1.5 mi Public 7-8 2 3
      Buena Vista Elementary School 1.7 mi Public K-6 2 3
      Los Amigos School 1.8 mi Public K-8 3 3
      William J. (pete) Knight High School 1.8 mi Public 9-12 2 3
      Yellen Learning Center 1.8 mi Public K-8 0 3
      Golden Poppy Elementary School 2.1 mi Public K-6 1 3
      Chaparral Elementary School 2.2 mi Public K-6 2 4
      Mesquite Elementary School 2.9 mi Public K-6 1 2
      Barrel Springs Elementary School 3.0 mi Public K-6 2-5 3
      Eil Excellence In Learning 3.3 mi Private 1-12 0 0
      Joshua Hills Elementary School 3.7 mi Public K-6 1 3
      Cactus Middle School 3.8 mi Public 7-8 1 4
      Oak Tree Community Day School 3.9 mi Public 3-8 0 5
      Desert Willow Intermediate School 3.9 mi Public 7-8 1 2
      Daisy Gibson Elementary School 4.2 mi Public K-8 1 3
      Desert Rose Elementary School 4.4 mi Public K-6 1 4
      Desert Sands Charter School 4.4 mi Public 9-12 1 4
      Manzanita Elementary School 4.5 mi Public K-6 1 3
      Palmdale High School 5.1 mi Public 9-12 2 2
      St. Mary Elementary Catholic 5.5 mi Catholic K-8 0 4
      Phoenix High Community Day School 5.5 mi Public 9-12 0 0
      Antelope Valley Rop School 5.5 mi Public 10-12 0 0
      Tumbleweed Elementary School 5.9 mi Public K-6 2 2
      Guidance Charter School 6.2 mi Public K-6 1 3
      Palm Tree Elementary School 6.8 mi Public K-6 1 4
      Cimarron Elementary School 6.9 mi Public K-6 2-5 3
      Quail Valley Elementary School 6.9 mi Public K-6 1 3
      Yucca Elementary School 7.2 mi Public K-6 0 3
      Ocotillo Elementary School 8.7 mi Public K-6 3 4
      Juniper Intermediate School 8.9 mi Public 7-8 1 3
      Summerwind Elementary School 9.1 mi Public K-6 1 3
      Palmdale Learning Plaza School 9.2 mi Public PRESCHOOL-8 3-5 4
      Westside Christian 9.2 mi Private K-8 0 4
      Covenant Christian 9.7 mi Private 1-12 0 0
      Highland High School 9.7 mi Public 9-12 2-5 3
      Crosswind Comm Church-adventureland Preschool 10.1 mi Private PRESCHOOL-K 0 0
      Cottonwood Elementary School 10.2 mi Public K-6 2-5 3
      Lake Los Angeles Elementary School 10.4 mi Public K-8 1 3
      Esperanza Elementary School 11.7 mi Public K-6 3-5 4
      Shepherd Christian School 11.9 mi Private K-12 0 0
      Rancho Vista Elementary School 12.5 mi Public K-6 3 4
      Hillview Middle School 12.5 mi Public 6-8 4 4
      Vista San Gabriel Elementary School 12.8 mi Public PRESCHOOL-4 2 3
      Shema Christian 13.3 mi Private 1-12 0 0
      Anaverde Hills School 13.8 mi Public K-7 3-5 3
      Leona Valley Elementary School 16.7 mi Public K-8 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Palmdale, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.