11/21/24

Local Housing Market Update in Victorville, Hesperia, Apple Valley and Oak Hills The High Desert CA Dec 2024

Waiting for a Market Crash? Not So Fast! Here's What's Really Happening in THE High Desert Ca Victorville, Hesperia, Apple Valley and Oak Hills If you're relying on national headlines, you might be missing the bigger picture here in the high desert ca. Our local housing market in Victorville, Hesperia, Apple Valley, Oak Hills and Barstow is on its own unique path here in the HD. Despite what the news says, we've got some surprising dynamics at play: Inventory Still Tight

  • There aren't enough quality homes available to meet demand, keeping competition steady even with higher rates.

Prices Reflect Local Trends Median list prices vary:

  • Victorville: $450,000

  • Hesperia: $ 470,000

  • Apple Valley: $425,000

  • Oak Hills: $670,000

  • Barstow: $245,000

Days on Market Creeping up 29 TO 45

  • Average days on market are inching up,

signaling a ,ore cautious buyer pool. For sellers, this means setting realistic expectations: homes might take a little longer to sell compared to the frenzied days of 2021. Pricing strategically and being patient could make all the difference in achieving a successful sale.

  • Why Buyers Shouldn't Wait

High Rates might make you think about sitting it out. But here's the thing: if rates drop even a little, buyer competition will spike- and you'll be competing for those same limited homes. Now might be the smartest time to buy before the crowd jumps back in!

Excellence Real Estate HD Dre02066765 Angelica Bonilla Dre01988469 Laura Bonilla Dre01984701 951-544-0107 17270 Bear Valley Rd ste101 Victorville, Ca 92395

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High Desert July 2024: Local Market Update For Victorville, Apple Valley, Hesperia Area Insights