Palmdale Real Estate

Palmdale real estate is very attractive to new home buyers because of the growth in the area and the affordability of the housing.  The trend in new home purchases is slowing a bit, while resale home sales are increasing.  Real estate in Palmdale appreciated at 23.2% in 2005. The city area is about 105 square miles of high desert.

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Homes in the city of Palmdale span a wide range including raw land to develop, single-family homes, apartments, multi-family dwelling, condominiums, and townhouses.  Since the city is still one of the most affordable areas in Los Angeles County, the area is growing while still keeping that small town feel many families desire.  The median price of a single-family home in Palmdale is about $300,000.  Historical house value trends in Palmdale are rising tremendously with a 23.4% last year, 210% over five years, and 298% over the last ten years.

Palmdale also has a new planned community called Ana Verde.  This community will contain 5000 new homes, schools, golf courses, and parks. 

There are 27 schools in Palmdale with approximately 23,000 students.  Also located in Palmdale and close by in surrounding areas are institutions of higher-learning.  Palmdale is home to Antelope Valley Community College, Chapman University, University of La Verne, and the Aero Institute.

The climate in Palmdale is dry, since it is high desert terrain.  Summers are hot and dry while winters can be cold and windy.  However with 300 plus days of sunshine per year, this area is considered very desirable to live in.

Some of the sites of interest in the Palmdale area are Devil’s Punch Bowl with its hiking preserve along Big Rock Creek, The Los Angeles Raceway, Palmdale Heritage Airport, and the Palmdale Amphitheater hosting starlight concerts.  There are also public and private golf courses, shopping sites, and movie theaters. 

As far as economy, the most noticeable employer would be the aerospace industry.  Palmdale’s nickname is the aerospace capital of the United States.  However, many other companies are located in the area as well.  Anderson Burrows, Beazer Homes, Kaiser Permanente, BAE Systems are just a few.

The Palmdale real estate market is right  for you if you want a growing community with great weather and beautiful blue skies; a great place for outdoor activities; affordable homes and real estate; and still managing to hold on to that small home-town feel.

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