Check out the 12 month graph for monthly foreclosure activity for Ventura County. NODs are on a slight decline; NTSs spiked up last month –  now settling back down; and REOs are on the slight increase.

See the quarterly chart showing  Q2 foreclosure activity. The long trend is: NODs are declining; NTSs show a general downward trend with a slight uptick in June; and REOs were declining but spiked in Q2 of 2011.

Prices for single family homes sold in Camarillo are trending downward; while the number of homes sold for Ventura has broken the 12 month high.

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

Ventura – 41%      Oxnard – 59%      Camarillo – 41%

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

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

• 12 month graph – Ventura has been hovering at ± $400,000 for last 8 months, Oxnard is steady as a rock at $300,000, Camarillo has been hovering at $500,000 – now trending toward $450,000.
• Quarterly graph ending 2nd quarter – Ventura is on the increase, Oxnard remains unchanged and Camarillo shows a slight decrease in sold prices.

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12  month graph – Ventura has been see-sawing between $200 to $225,000, Oxnard is holding between $175 to $200,000, Camarillo prices were on the upswing from March (at $250k) to June (at $300k) while July shows a slight decrease.
• Quarterly graph ending 2nd quarter – Ventura shows a slight decrease, Oxnard a modest decrease and Camarillo a slight increase in sold prices.

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

• 12 month graph – Ventura broke through to the highest number in over 1 year; Oxnard is rebounding back to 80 mark; Camarillo has vigorous see-sawing between 35 – 60/ month. June was 60 while July is 40.
• Quarterly graph ending 2nd quarter – All are trending upward for number of homes sold.

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

In April the number of Notice of Defaults (NODs) was on par (low 400s) with the number of Notice of Trustee Sales (NTSs) – i.e., properties that are going to sale. For May, there was little change in the number of NODs but the number of NTSs jumped by 127 to the mid 500s. The number of Trustee Deeds (REOs) is creeping up. See the details on this chart.

Data is from Foreclosure List Service with permission.

Looking at one month of foreclosure activity for Ventura County shows a different skew than the longer term trend of the quarterly reports of the last few years.

Foreclosure activity for March on the monthly graph shows an increase over February. Compare that foreclosure activity to the 1st quarter results for 2011 and you’ll see some fluctuation but an overall downward trend for the last 18 months.

Foreclosure activity for January was showing a downward trend. Check out the continuing declining trend of  foreclosures for February on this 12 month graph.

The quarterly trends will be updated after the end of first quarter ending in March.