Oxnard’s homes for sale that are pending (in escrow) are down for this last quarter at 461 homes compared to the first quarter of 648 homes.

Camarillo’s number of single family homes and condos that are pending (in escrow) are down for the month of December and the 4th quarter, yet stronger than for 2008.

The number of homes that have gone into escrow in November have remained strong.  Here are the hard numbers, including 2008 and 2007.

The number of Oxnard homes for sale going into escrow in November is down substantially from 2008 levels. We believe it’s primarily based on a substantially reduced number of homes for sale – limited inventory.  Click here to see the numbers compared to 2008 and 2007.

Camarillo homes for sale going into escrow (Realtors call these “pendings”) during November was very strong compared to 2008 and 2007.  Here are the numbers for comparison.

The Ventura homes for sale (pending/in escrow) numbers are up from 2007 but downward from 2008. The data is taken from the Ventura MLS.

The Oxnard homes for sale (pending/in escrow) was down dramatically last quarter compared to the same time 2008. The numbers for October are in a similar trend for the first month of this last quarter of 2009. These numbers come from the Oxnard MLS.

The Camarillo homes for sale continues strong into the Fall. These homes are in escrow (pending) and it will be interesting to see if the numbers typically decrease in November and December or if a lot of first time home buyers will have taken advantage of the $8,000 tax credit that was due to expire November 30th. These numbers come from the Camarillo MLS.

Ventura homes for sale trends are reflected in homes that have gone into escrow, or what Realtors call “pending sales” or just pendings. It’s one sign we use to track the marketplace, but it’s influenced by different factors, one of which is level of inventory. Right now, especially in the entry level marketplace, we see low levels and marked competition for clean, well priced homes. But we’re in the home stretch for first time buyers (the $8,000 tax credit) and when that ends next month, perhaps inventory levels will climb and competition will ease in that sector. Here is the homes pending spreadsheet for Ventura. It shows that the quarter ending September is down from 2008, but substantially higher than 2007. These numbers come from the Ventura MLS.

The Oxnard homes for sale trend for the 3rd quarter 2009 has shown a marked drop off from 2008 levels, but substantially higher than 2007.  Here are the spreadsheet numbers. But you’ll note the 1st and 2nd quarters were substantially higher than 2008. The drop in the 3rd quarter is a direct reflection of the fact that inventory levels are down, especially for the first time buyer. These numbers come from the Oxnard MLS.