In our July newsletter, read about a deja vu experience and Making a Difference… for the homeless! What Don and I did was small but added up, makes a huge impact!

Oxnard is the most telling for changes in June data. First, for single family homes sold in all home sizes, the Sold Price was higher than the List Price. For Oxnard condos, the List Price was higher than the Sold Price, BUT notice how much higher the average List Price jumped compared to previous months. Finally, as noted earlier, inventory levels have plunged in Oxnard. Ventura and Camarillo are approximately holding steady so far.

The LA Times main headline today, “Southland home prices looking up”, stated that median home value prices rose 6.4% in the Southland from May to June, and that fewer than half of those sales were foreclosures. Foreclosures continue at a high pace and the economy is only now starting to get back on its feet. See Leslie’s just posted focused statistics on home sales, homes that have gone into escrow (“Pendings”), and inventory levels for Ventura, Oxnard and Camarillo.

Ventura real estate activity is directly reflected in homes pending that have gone into escrow. This data is taken directly from the Ventura MLS and provides a monthly and quarterly summary since January 2007.

Oxnard real estate activity is directly reflected in homes pending that have gone into escrow. This data is taken directly from the Oxnard MLS and provides a monthly and quarterly summary since January 2007.

Camarillo real estate activity is directly reflected in  homes pending that have gone into escrow. This data is taken directly from the Camarillo MLS and provides a monthly and quarterly summary since January 2007.

Here are the June sold statistics for Ventura in our newly expanded 14 month format. The homes sold and condos sold data comes from Ventura MLS listings.

Here are the June sold statistics for Oxnard in our newly expanded 14 month format. The  homes sold and condos sold data comes from Oxnard MLS listings.

Here are the June sold statistics for Camarillo in our newly expanded 14 month format. The  homes sold and  condos sold data comes from Camarillo MLS listings.

We’re a week or so late in tracking the inventory levels this month but the trend we see in Oxnard is amazing. These numbers represent the total number of homes for sale (excluding the beaches and Santa Rosa Valley for Camarillo) on that given day. Ventura inventory levels have been relatively stable since dropping in the first quarter, and Camarillo has seen a steady decline but the inventory has virtually dried up in Oxnard. Conversations with agents with listings in Oxnard over the past couple of weeks indicate strong buyer demand with multiple offers over asking price not unusual. So here are the numbers!