Below, is the illustration of the Camarillo Real Estate Market Absorption Trend for the 
month of July, 2012. This illustration shows that the average list to sales price was consistently in the 97% range from 2010 to present.
The average sales price has shown some depreciation, however, these figures are based on averages and sometimes the averages skew the overall picture. The lower price range homes are appreciating because of the low inventory, while the higher price range homes in Camarillo may still have some downward movement in prices.
The most startling fact presented by the data is the amount of Camarillo Single Family Homes for sale. Currently, there are only 103 Single Family Homes for sale in Camarillo , and that translates to less than a months of inventory which by definition of the Market Absorption Analysis model would put Camarillo Single Family Homes in a sellers market.
This lower inventory of homes in Camarillo is creating multiple offers on many homes because the demand is more than the supply.
The breakdown of available Camarillo Single Family Homes for sale is as follows:
- 13 Camarillo Single Family Homes priced under $350,000
- 21 Camarillo Single Family Homes priced from $350,001 to $450,000
- 10 Camarillo Single Family Homes priced from $450,001 to $550,000
- 13 Camarillo Single Family Homes priced from $550,001 to $650,000
- 5 Camarillo Single Family Homes priced from $650,001 to $850,000
- 41 Camarillo Single Family Homes priced from $850,001 and above
For home buyers wanting to purchase a Camarillo Single Family Home it is imperative that one must have pre approval letter in hand, proof of funds for the down-payment and closing costs and be ready to make their highest and best offer initially.
Hope you find the Camarillo Real Estate Market Absorption Trend for July 2012 helpful!
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