There are many reasons to own a home in Camarillo. However, I am not about to explain why you should invest in a home in this beautiful city.

This is a report for those who are interested in buying a home or would like to know about the condition of the Camarillo Real Estate Market as of spring of 2007.

Real Estate Market Report, Camarillo, Ventura County, California:

Report date:                                                              Spring 2007

Buyers' or sellers' market:                                          More sellers than buyers

Average time on market:                                            60-90 days

Housing inventory:                                                     Good supply of all prices

Average home price:                                                  $625,000

Compared to last year:                                              Down 5-10%

Multiple offers:                                                           No

Activity:                                                                     Single-family homes

Housing hot spots:                                                   Since January the prices for 3 and 4 bedroom

                                                                                detached homes have been drawing significant

                                                                                increases in buyers. Larger homes in the Heights,

                                                                                Las Posas Estates, Sterling Hills and Santa Rosa

                                                                                areas have maintained their value, but they continue

                                                                                to experience longer listing terms to attract offers.