Page 66 - 2023 AV EDGE RTR

Real Estate
Real Est ate b y A re a D
by Area
e
m
o
Area Number of Units Sold Average Price Per Sq Foot Average Sales Price
2021 2022 Change 2021 2022 Change 2021 2022 Change g
r
Cal City / Mojave 472 415 - 13% $160 $184 13% $253,705 $296,923 14% (a) a

P
Ridgecrest 967 $157 $250,701
h
i
Rosamond Area 372 320 -15% $220 $244 10% $365,271 $393,586 7% (a)
c
s
Tehachapi 982 818 -20% $207 $311 33% $385648 $432,533 11% (b)

Antelope Area 50 38 -32% $254 $248 - 2% $537,059 $500,477 - 7% (a)

Lake LA 150 136 -10% $233 $258 10% $316,139 $357,612 12% (a)

East Lancaster 651 538 -21% $236 $264 11% $394,174 $424,525 7% (a)

West Lancaster 1,541 1,208 -28% $247 $267 7% $430,339 $486,790 12% (a)

East Palmdale 800 586 -37% $255 $324 21% $407,724 $446,724 9% (a)

West Palmdale 817 628 -30% $251 $269 7% $574,338 $594,009 3% (a)

Littlerock 152 116 -31% $265 $279 5% $390,886 $440,027 11% (a)

Leona Valley 96 70 -37% $293 $311 6% $502,071 $496,891 - 1% (a)

Average Price/SF* Average sales price*
600 1,200,000

1,000,000
500
900,000
400 800,000

300 700,000
600,000
200
500,000
100 400,000

0 300,000
Santa Santa
Avg Lancaster Palmdale Clarita Valencia Avg. Sales Lancaster Palmdale Clarita Valencia
Price/SF $266.00 $296.00 $557.00 $434.00 Price $467,604 $552,914 $1,056,791 $938,884

*For Calendar Year - 2022
(a) = Stats from Greater Antelope Valley Association of Realtors MLS
(b) = Stats from Southland Regional MLS
(c) = Stats from Ridgecrest Association of Realtors MLS AVEDGECA.ORG | 2023 Economic Report | 5 |