Market Stats
Simi
Valley - Moorpark Market Statistics
Year to Date 3-27-08
SIMI
VALLEY:
| TYPE |
SINGLE
FAMILY DETTACHED |
ATTACHED
(Condos, townhomes, etc. |
| Active Listings |
583
|
128 |
| Pending Sales |
119 |
16 |
Closed
Sales (Year to Date)
|
132
More than 50%
were 4 bedroom homes.
More than 50%
were under $500,000.
15 Were Short
Sale, NOD or Lender Approved.
16 Were REO. |
30
Majority
were 2 bedroom models.
Half were under $300,000.
6
Were Short Sale, NOD or Lender Approved.
3 Were
REO. |
| Cancelled
Listings |
133 |
44 |
| Expired
Listings |
191 |
32 |
| Unsold
Inventory Index |
13.25
months |
12.8
months |
Notes:
Of the
total existing homes in Simi Valley roughly only
.5% (half of 1%) are in trouble. As a percentage of the
existing inventory 6.5% are REOs
and 26.0% are
Short Sales, NODs or need Lender Approval.
MOORPARK:
| TYPE |
SINGLE
FAMILY DETTACHED |
ATTACHED
(Condos, townhomes, etc. |
| Active
Listings |
169 |
44 |
| Pending
Sales |
27 |
4 |
Closed
Sales (Year to Date)
|
30
More
than 60% were 4 & 5 bedroom homes.
More
than 55% were under $600,000.
4
Were Short Sale, NOD or Lender Approved.
None Were
REO. |
9
Most
were 3 bedroom models.
More
than 60% were under $400,000.
3 Were
Short Sale, NOD or Lender Approved.
None
Were REO. |
| Cancelled
Listings |
29 |
11 |
| Expired
Listings |
36 |
17 |
| Unsold
Inventory Index |
16.9
months |
12
months |
Of the
total existing homes in Moorpark roughly only
.5% (half of 1%) are in trouble. As a percentage of
the existing inventory A fraction of the same
number for Simim Valley are REOs and 26.3% are Short Sales,
NODs or need Lender Approval.
THE
NATIONAL FORECLOSURE RATE IS 1.033%. Simi Valley and Moorpark
are running at HALF THE NATIONAL AVERAGE.
This is
a buyers market, if you plan to move up, invest or are a first time
buyer, now is the time.
I can help you
navigate through this market and find the right home for you and your
family. This market provides CHOICES. Call, text or email me
today!
;)
;)
