THIS WEEK:
April 20, 2015 the median list price for a single family home in MOORPARK, CA is $744,900.00
The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market.
SUPPLY AND DEMAND:
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
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I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed. If you are interested in more markets, don't hesitate to ask.
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