February real estate activity for Ventura, Camarillo and Oxnard from the MLS

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 soldSingle family homes in Ventura, Oxnard, Camarillo:

Filed under article topic: 2011 Solds
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January real estate activity for Ventura, Camarillo and Oxnard from the MLS

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 soldSingle 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.

Filed under article topic: 2011 Pendings,2011 Solds,Homes sold,Market statistics/Trends,Pending home sales
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Our January newsletter – is our Ventura County housing market like the rest of the country?

In our January newsletter, I said the media tends to paint all the housing markets across the country with one brush stroke. But Ventura County doesn’t fit areas like the Inland Empire or the Stockton area with severe  falling home prices and numerous foreclosures. Yes, we’ve been impacted to some degree, but see for yourself our data tracking for 2010. The newsletter has 2 important charts showing quarterly trends in sales and prices, but you can see those trend charts directly here for sales numbers and here for sold prices.

Filed under article topic: 2011 newsletters,Homes sold,Newsletters
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Ventura real estate activity for December from the MLS

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.

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

Note how the quarterly trend lines parallel each other for the three cities since 2007. Sold prices for homes are going up in Camarillo and down in Ventura while Oxnard remains steady. The monthly chart shows the volatility of sold prices in Camarillo and a downward price trend for Ventura.

Sold prices - Condos in Ventura, Oxnard, Camarillo:

Fourth quarter shows a slight trending up for all three cities for sold prices for condos.

Numbers soldSingle family homes in Ventura, Oxnard, Camarillo:

Quarterly – Oxnard shows the strongest decline in number of homes sold since the last quarter of 2008. Month to month shows Camarillo spiking up in number of homes sold.

Detailed statistics for single family homes sold in:

Detailed statistics for condos sold in:

Detailed statistics for pendings (in escrow) – single family homes and condos sold in:

Comparing fourth quarter for number of homes in escrow to past years shows Ventura is down a bit from 2008 and 2009; Oxnard is substantially down and Camarillo is markedly down from 2009 but matching 2008.

Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Housing Market,Market statistics/Trends,Pending home sales
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November stats are in for Ventura, Oxnard and Camarillo

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

  • Quarterly there is a slight downward trend for Camarillo and Ventura while Oxnard remains unchanged. Monthly Ventura has more temperate see-sawing of prices in the $420s while Camarillo is more pronounced now in the $560s. Oxnard holds steady at $315k.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

  • Quarterly both Camarillo and Ventura show a downward trend while Oxnard remains relatively constant. Monthly Ventura is trending downward to about $200k; Oxnard has a strong pull upward at about $235k; while Camarillo is swinging upward at about $310k.

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

  • Quarterly all three cities show a downward trend. Monthly Ventura is trending up at 49; Oxnard is trending downward at 76 and Camarillo has leveled out but downward at 36.

Detailed statistics for single family homes sold in:

Detailed statistics for condos sold in:

Detailed statistics for pendings (in escrow) – single family homes and condos:

  • Ventura is up from October; Oxnard is similar to October but downward since January 2010; and Camarillo is from from October and looking good.
Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Market statistics/Trends,Pending home sales
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October stats are in for Ventura, Oxnard and Camarillo

Sold prices – Single family homes in Ventura,  Oxnard, Camarillo:

  • Quarterly there is a slight downward trend for Camarillo and Ventura while Oxnard remains unchanged. Monthly Oxnard remains flat at about $300k while Ventura and Camarillo are see sawing. Camarillo is moving upward to $600k and Ventura to the mid-$400s.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

  • Quarterly both Camarillo and Ventura show a downward trend while Oxnard remains relatively constant. Monthly Camarillo, Ventura and Oxnard are trending upward.

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

  • Quarterly all three cities show a downward trend. Monthly there is not much change in Oxnard – less than 80/month. Ventura and Camarillo are see sawing in opposite directions with Ventura heading up and Camarillo trending downward.

Detailed statistics for single family homes sold in:

Detailed statistics for condos sold in:

Detailed statistics for pendings (in escrow) – single family homes and condos:

  • The number of single family homes and condos in escrow in Ventura and Camarillo are trending downward from the beginning of the year while Oxnard is even more so for this month of October.
Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Market statistics/Trends,Pending home sales
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September stats are in for Ventura, Oxnard and Camarillo

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

  • Quarterly there is a slight downward trend for Camarillo and Ventura while Oxnard remains unchanged. Monthly both Camarillo and Ventura are see-sawing while Oxnard remains unchanged.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

  • Quarterly both Camarillo and Ventura show a downward trend while Oxnard remains relatively constant. Monthy Camarillo and Ventura continue a downward trend while Oxnard shows a slight increase.

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

  • Quarterly all three cities show a downward trend. Monthly both Camarillo and Ventura are trending downward while Oxnard is trending up.

Detailed statistics for single family homes sold in:

Detailed statistics for condos sold in:

Detailed statistics for pendings (in escrow) – single family homes and condos:

Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Market statistics/Trends,Pending home sales
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August stats are in for Ventura, Oxnard and Camarillo

Sold prices for single family homes in Ventura and Camarillo are on the decline from July while Oxnard remains relatively unchanged. Sold prices for condos for Ventura is upward while Camarillo and Oxnard are somewhat downward.

The number of sold single family homes in Ventura is flat, Camarillo is down some while Oxnard is zig-zagging.  To preview the charts read more… Read the rest of this article »

Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Market statistics/Trends,Pending home sales
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July stats are in for Ventura, Oxnard and Camarillo

Sold prices for single family homes in Ventura and Camarillo are on the rise while Oxnard remains unchanged. Sold prices for condos for all 3 cities is downward. The number of sold single family homes in Ventura and Camarillo is rather flat and Oxnard is down.

The monthly and quarterly charts and detailed stats for July are in for Ventura, Oxnard and Camarillo. The quarterly charts end with June data and the 12 month charts are for the last 12 months. The graphs are in Adobe.pdf format.  To preview the charts read more… Read the rest of this article »

Filed under article topic: 2010 Pendings,2010 Solds,Homes sold,Market statistics/Trends,Pending home sales
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Can all time low interest rate sustain real estate market ferver?

Interest rates are at an all time low of 4.57% for a 30 year, fixed rate loan according to a recent survey by Freddie Mac.

But now there is much speculation if this fabulous interest rate will keep the housing market at the fever pitch it was prior to the April 30th deadline for first time homebuyers to enter into escrow to receive the $8,000 federal tax credit.

Check out for yourself the chart that Don Nelson Team compiled for the  number of homes sold in the past 12 months for Ventura, Oxnard and Camarillo. Which city do you think hiccuped but has now rebounded to fever pitch?

Filed under article topic: 2010 Solds,Homes sold,Housing Market,Market statistics/Trends,Mortgages/Interest rates
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