I have been working as a Realtor in the area for 32 years now. I have probably seen every market condition imaginable. I opened my first office in Antelope in 1991 and have seen prices rise and fall. The only consistent trend in real estate is change. It is never static. This past few years we have seen an interesting trend. Prices rising more quickly in December through May then leveling or even falling slightly in June through October. Why? Inventory changes. This winter and into March we have seen consistent levels of homes for sale between 30-40, or roughly .003 of our total homes in Antelope of approximately 12,000. That is way below what we would normally expect. By the time August rolls around that number has risen to 130+, more than enough homes for the number of buyers in the market. I went to school and got my degree in Economics, this is basic supply demand driven price appreciation.