Home prices in the Victor Valley are finally climbing up as inventory of available homes remains low and buyers begin coming back into the market.


Local home prices were 6.4 percent higher in July than they were during the same month last year, according to Victor Valley Multiple Listing Service data compiled by Larry Trombley of Century 21 Rose Realty in Hesperia.


"Everything that's coming into the market is pretty much selling," Trombley said.


The average price for the 398 homes sold in July was $64.24 per square foot 3 percent higher than the previous month. The average home sold in the desert cost $126,111, compared to $115,096 last year.


The number of homes sold in July dropped 17.4 percent from last year, but experts say that is mostly due to a shortage of homes up for sale.


The July inventory dropped 10 percent from June to 535, which was less than half of available homes last year. Many local real estate agents say the demand is high, as they get multiple offers within a couple of days on well-maintained, fair-priced homes.


Trombley's July figures reflect sales occurring from about May 15 through June 15 because the average escrow takes about 45 days.