Lancaster CA · Antelope Valley Real Estate
Scroll for the animated stats breakdown, then watch the full recap video below.
Short sales and bank-owned homes are their own slice of the active market. This recap does not freeze that share, because it moves with the MLS. See auction vs REO vs short sale and the Lancaster short-sale page for how those listings differ from a normal sale.
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Homes that hit the market this month. A leading indicator of the next 30 to 60 days of inventory.
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Homes that went under contract this month. A forward look at what closings will look like next month.
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Closed transactions across the Antelope Valley. The most reliable read on actual buyer demand.
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Average closed sale price across all AV homes that sold this month.
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Estimated principal & interest on the average AV sale price at this month's average 30-year fixed rate (6.86%).
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How long the average home took to go under contract. Lower is faster, which is typical for a hot market.
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How long it would take to sell every active listing at the current pace. Under 5 = seller's market, over 6 = buyer's market.
The Antelope Valley market tightened in September with new listings declining from both the prior month and last September. This shift helped reduce months of inventory while average days on market improved slightly. Prices remained stable near their recent levels even as mortgage rates increased, pushing estimated payments higher.
The same data tells a different story depending on which side of the transaction you're on. Here's the read for each.
For Sellers
Homeowners looking to sell should note that lower supply in the area means reduced competition from other listings. Your property is likely to sell close to the asking price in the current balanced conditions. Acting promptly by consulting a Realtor could help you capitalize on steady demand before any additional changes occur.
For Buyers
For those in the market to buy, the current selection of homes is adequate but appears to be shrinking. Higher interest rates have increased the cost of borrowing so calculate your monthly budget carefully at the outset. You will find moderate negotiating leverage overall and should stay ready to decide quickly once you identify the right property.
Mike Watson walks through the September 2026 numbers and what they mean for buyers and sellers in Lancaster, Palmdale, and the rest of the Antelope Valley.
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Mike Watson
Keller Williams Realty · Antelope Valley, CA
Mike Watson has been serving the Antelope Valley real estate market since 2002 and has been a licensed Realtor since 2005. He specializes in Lancaster, Palmdale, and surrounding communities, providing clients with honest, data-driven guidance whether they're buying, selling, or just planning ahead.