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Interest Rates Are Doing Down, So Ventura Home Prices Are Gong Up?
Chris B Johnson, REALTOR®
 
Weekly Mortgage Rate Update 
The British vote to exit the European Union remained the primary influence on U.S. financial markets over the past week. U.S. stocks have recovered their losses, while mortgage rates have continued to improve. As a result, mortgage rates ended the week at the best levels in years.
THIS WEEK'S RATE TREND IS DOWN

Market Analysis Community Info Local Schools Compare Areas Insider Tips   Price Trends - Sold vs. Listed   Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
Some sales are not immediately available from public records. As they become available, the data are updated.
    Market Inventory Trends   The number of active listings in Moorpark (93021) dropped by 8.7% from the previous month.
The median number of days active properties have been listed is 34. This is significantly shorter than the national average.
 
The number of sales in May dropped by 88.2% from the previous month.
    Property Ownership   Additional ... more

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