Listed below are the October results for the sold prices of homes, the number of homes sold and number of homes in escrow – a future indicator of homes sold.

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

To see the 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 October are:

Ventura – 43%      Oxnard – 42%     Camarillo – 32%

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

• 12 month graph

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph

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

• 12 month graph

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

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

• Ventura
• Oxnard
• Camarillo

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

Foreclosure statistics for month of September continue to show a downward trend for initial filings of foreclosure, but an upward tick for filings in the Notice of Trustee filings, whereby a time and date is set for the actual auction. However, many properties currently in foreclosure are now being delayed (loan mods) or cancelled (completed short sale or possible HARP refinancing).

Foreclosure stats for 3rd Quarter also show a downward trend. Many think the big lenders are waiting to see what the results of the election will be, how the new congress will be re-constituted and the effect the national mortgage settlement will have, plus the new California foreclosure rules going into effect January 1.

Listed below are the September results for the sold prices of homes, the number of homes sold and number of homes in escrow – a future indicator of homes sold.

Also included – 3rd quarter data charts for the bigger trend picture.

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

To see the 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 September are:

Ventura – 37%      Oxnard – 47%     Camarillo – 34%

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

• 12 month graph
• Quarterly graph ending Q3

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

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

• 12 month graph
• Quarterly graph ending Q3

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

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

• Ventura
• Oxnard
• Camarillo

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

A busy summer has kept me from updating the July and August numbers but over the weekend I’ve gotten caught up!

Price points are up for July and August in both Oxnard and Camarillo, while Ventura is sitting on the trend line. In previous posts this summer I’ve talked about the strong competition for entry level homes and that numerous homes were bid up over asking price through multiple offers.  We now see that result in the numbers for those closed escrows. Investors are driving the market in the entry level sector, making it very difficult for the first time buyer to successfully compete.

For the first time I can remember since the crazy days of rapidly escalating home prices followed with the tumultuous “bubble burst”,  I’m starting to see average sold prices higher than the list price. For example in August, in the “up to 1,500 square foot” category for single family homes in Ventura, the average list price for the 30 sold homes was $344,186 but the average sold price was $345,397.  In Oxnard the average list price for all 116 homes sold was $313,118 and the average sold price was $314,178.  You can see the specific numbers in the stat sheets below.

Another trend I’m seeing is that the number of distressed sales to regular sales ratio in all cities is declining, while the number of home sales is increasing, with Oxnard showing a strong spike up.

Listed below are the July and August results for the sold prices of homes, the number of homes sold and number of homes in escrow – a future indicator of homes sold.

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

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

The percentage of single family homes that were distressed sales in the months of  July and August are:

Ventura -40%  and  37%      Oxnard – 57%  and  51%     Camarillo – 34%  and  22%

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

• 12 month graph

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph

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

• 12 month graph

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

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

• Ventura
• Oxnard
• Camarillo

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

There’s no doubt we’re seeing a slow down in foreclosures. New Notice of Default filings for both July and August were down and Notice of Trustee Sales (auction date set) were also down.

But once an auction was set, the trend was to see more of those properties actually go to sale.

Click here to see the July and August foreclosure stats graph.  This data provided with permission from Ventura County’s Foreclosure List Service.