By Leslie | March 8, 2011
There is no doubt prices have been slowly softening over the past several months, much like a slow leak in a tire. Even though, historically, interest rates are super low and price points make it “easier” to buy a home than in years past, buyers are in the driver’s seat as short sales and foreclosures continue to dominate the market.
Buyers are more fussy. Even in entry level homes ($400k range), they want granite countertops, current colors (not “white”), newer appliances (not “avocado green”), and for heavens sake – no “cottage cheese” ceilings! In the past, buyers were willing to accept perceived shortcomings, but with both husband and wife working full time jobs, they want things to be move in ready. Homes that don’t meet that criteria have to be discounted price point wise.
So take a look at these trend charts. Note that we won’t have the updated quarterly charts until the end of this month (first quarter, 2011).
Sold prices – Single family homes in Ventura, Oxnard, Camarillo:
Sold prices - Condos in Ventura, Oxnard, Camarillo:
Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:
Filed under article topic:
2011 Solds
By Leslie | February 15, 2011
Here you’ll find quarterly and monthly real estate activity in chart form for homes sold in Ventura, Oxnard and Camarillo and also the data particulars for each city. All data is taken from the Ventura MLS, Oxnard MLS and Camarillo MLS.
NOTE: While the following sold prices and numbers sold reveal some change – or no change, it’s important to see at the end the Detailed statistics for pendings (in escrow) for true trends indicating where the housing market is going – not where it’s been!!
Sold prices – Single family homes in Ventura, Oxnard, Camarillo:
The monthly chart shows sold prices are softer year over year for all three cities while comparing January of 2011 with December 2010 – Ventura remains unchanged and Camarillo and Oxnard have softened.
Sold prices - Condos in Ventura, Oxnard, Camarillo:
Sold prices for condos in the three cities remains practically unchanged year over year and for January compared to the previous month of December.
Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:
Year over year shows an increase for Camarillo while Ventura and Oxnard remain steady. Comparing one month of activity shows the number of homes sold in all three cities is softer for January as to December.