Here are the December sold statistics.

Here are the monthly sold stats for the month of November.

The sold statistics are in for October and the number of homes sold in October is similar for each of the three cities to the numbers for September. Also, the asking price is very close to the selling price for each size home for Ventura, Oxnard and Camarillo.

Comparing September with August data with August of single family homes sold in Ventura, the number is similar in the smaller and medium sized homes but 50% less in the largest homes while the price per square foot appears greatly increased, but the stats can be skewed because of the fewer number of homes sold.

In Oxnard, there was a big increase in number of smaller homes sold while the price per square foot was correspondingly less in the largest sized homes.

In Camarillo, the number of homes sold was a bit more than for August. It is difficult to analyze the price per square foot in the largest sized homes because there were several very expensive homes sold which can skew the stats.

Here are the August sold statistics. We continue seeing price point declines in Oxnard because of bank foreclosures, but Camarillo and Ventura appear to be close to July numbers. Based on square footage prices, condos have gone up in value in Camarillo and Ventura, while Oxnard was about the same.

Because the monthly statistics can vary quite a bit, after we see the September  statistics, we’ll combine the monthly stats into quarterly stats and see how trends are looking.

Here are the statistics for the month of July. This shows the asking price, sold price, and days on the market for the cities of Ventura, Oxnard and Camarillo. The number of homes sold in Camarillo and Oxnard have increased Read the rest of this article »

Here are the sold statistics for the month of June. This shows the asking price, sold price, and days on the market for the cities of Ventura, Oxnard and Camarillo. In comparing the three cities and the price/square foot, Camarillo remains relatively unchanged from May while Oxnard and Ventura prices are still on a slight downward trend. Do not read too much into this snap shot of the real estate market, because often times the data sampling isn’t large enough to be thoroughly accurate. A more accurate indication is to study the trends from January this year and you can do so by clicking on the category to the right “Homes Sold-Statistics”.

This comparison is of the price per square foot for homes that closed escrow in the three cities of Camarillo, Oxnard, and Ventura for the month of May. For single family homes, the trend is mostly downward depending on the size of the home. The larger homes in Camarillo showed an increase in $/Sq.Ft. Condominiums in Oxnard also showed an increase in $/Sq.Ft. while Camarillo and Ventura were downward.

Here are the April sold statistics for properties that closed escrow in April, and they show some interesting differences between Ventura, Camarillo and Oxnard. Comparing differences with March stats, Camarillo and Oxnard are still showing price declines, but Ventura’s sold prices have jumped.

Because there can be variances that affect the list prices and sold prices, we tend to focus on the more “generic” price per square foot when we analyze where the market is going.

The drag on Oxnard, and to a lesser extent Camarillo, are the numerous “short-pays” and foreclosure properties (REO – real estate owned) that are putting the big hurt on regular sellers.

As painful as the market is for existing property owners, the overall effect is a cleansing of a marketplace that was way off kilter. We are seeing a flood of entry level, first time homebuyers coming into the market – and investors, who are making numerous “low ball” offers on properties hoping to score big in this down turn.

It’ll be fun to see how we progress through spring and into summer!

Here are the March statistics for homes sold in Camarillo, Oxnard and Ventura. Oxnard is seeing a 19% spike in the number of single family homes sold since February.

The number of days a home is on the market is down dramatically for Camarillo, Oxnard and Ventura. This means there is greater buyer demand and homes are selling faster.

Prices have generally gone down for the three cities but it depends on the size of the home. The smaller homes in Camarillo and the largest homes in Oxnard increased in sold price. Ventura saw twice the number of larger homes sold than February but with fewer over the $1,000,000 range.

Condo prices in Camarillo and Ventura decreased since February.