Summary of April home sale activity

By Leslie | May 4, 2012

Home sales dipped from March numbers but are still above the 12 month trend line.

Home prices also dipped from the March numbers.

Pending home sales are mixed compared to March, but are still higher than one year ago numbers.

To see detailed charts for Ventura, Oxnard and Camarillo, please see the links below.

The percentage of single family homes that were distressed sales in the month of  April are:

Ventura – 40%      Oxnard – 53%      Camarillo – 38%

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:

Detailed data for single family homes sold in:

Detailed data for condos sold in:

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

All data is taken from the Ventura, Oxnard and Camarillo MLS.

Filed under article topic: 2012 Pendings,2012 Solds,Homes sold,Market statistics/Trends,Pending home sales
Comments (0)

Home sales spike up in March

By Leslie | April 20, 2012

Home sales spiked up for Ventura, Oxnard and Camarillo in March as we start into the spring buying season. Fueled by historically low interest rates, we’re seeing spirited competition at the entry point range for single family homes.

We’re also seeing that the high number of distressed properties are influencing the price points of those homes, forcing traditional sellers to meet those price points or face having their home sit on the market.

The demand locally for available homes is creating a fierce battle between buyers looking for a “good deal” and banks trying to move product quickly. Home prices in Ventura and Oxnard have been steady this first quarter and Camarillo saw in jump in March.

Pending home sales are a leading indicator of current market activity. What is remarkable is the spike in Ventura for homes that are  in escrow for Q1 of this year (263) as compared to Q1 of ’11 (197). See the detailed numbers below.

The percentage of single family homes that were distressed sales in the month of  March are:

Ventura – 47%      Oxnard – 69%      Camarillo – 41%

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:

Detailed data for single family homes sold in:

Detailed data for condos sold in:

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

All data is taken from the Ventura, Oxnard and Camarillo MLS.

Filed under article topic: 2012 Pendings,2012 Solds,Homes sold,Housing Market,Market statistics/Trends,Pending home sales
Comments (0)

February sales numbers and price point trends for Ventura, Oxnard and Camarillo

By Leslie | March 20, 2012

February home sales numbers dropped for Camarillo and Oxnard but spiked up for Ventura. It’s not unusual to see numbers fall off in January and February because not as many buyers are house looking over the Christmas holidays. When the March numbers come out next month, I anticipate seeing the home sales numbers increase.

I continue to be amazed at the steady price point average for Oxnard over the past 12 months. While Ventura has seen more monthly variation, its trend line continues to be steady whereas Camarillo continues its downward trend. For condo price points Camarillo and Oxnard are steady but Ventura shows softening.

The percentage of single family homes that were distressed sales in the month of  February are:

Ventura – 60%      Oxnard – 69%      Camarillo – 55%

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:

Detailed data for single family homes sold in:

Detailed data for condos sold in:

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

All data is taken from the Ventura, Oxnard and Camarillo MLS.

Filed under article topic: 2012 Pendings,2012 Solds,Homes sold,Pending home sales
Comments (0)