price: How long will it take to sell my Ventura County Home? - 03/09/13 02:35 AM
How long will it take to sell my Ventura County Home?
While I would like to answer that question by stating “not long” in today’s Ventura County’s limited Real Estate inventory, the truthful answer is “it depends”.
We need to look at factors that you do control and those you do not. We all know “location, location, location”, is a big factor influencing value,  but you do not have control over that. A realistic assessment of this location factor, relative to market comparables, needs to happen before you can set your price accurately.
You do control “how” your home is presented to the home … (2 comments)

price: Oxnard Real Estate Market Absorption Trend March 2012 - 04/17/12 02:29 AM
Below is the illustration of the Oxnard Real Estate Market Absorption Trend.  This illustration shows that the average amount of Single Family Homes sold in Oxnard  on a per month basis has been fairly consistent from 2010 to present.
The average sales price did decline by approximately 18% from 2011 to those Oxnard Single Family Homes that sold in the last 3 months of 2012.  But that trend maybe ending because of declining inventory.
The most startling fact presented by the data is the amount of  Oxnard Single Family Homes for sale.  Currently, there are only 177 Single Family Homes for sale in Oxnard, and … (0 comments)

price: Oxnard Real Estate Market Report for February 2012 - 03/13/12 05:24 AM
Interesting statistics to note from the data illustrated below for the Oxnard Real Estate Market for the month of February 2012
The first shocking item is the lack of inventory of available homes for sale, should this trend continue it will not keep up with demand and demand will push prices higher.
60% of the Active Listings are distressed properties (either Short Sales or Bank Owned)
84.76% of the Under Contract Listings are distressed properties
70% of the Sold Listings are distressed properties.
Days on Market for Active Listings is 129.
Days on Market for Listings under Contract is 161.
Days on Market for Sold … (0 comments)

price: Oxnard Ocean Beach Area Real Estate for November 2011 - 12/13/11 08:53 AM
Oxnard Real Estate Market Report for November 2011 Oxnard Ocean Beach Area Real Estate for November 2011  
Some interesting facts from data illustrated below...........
Distressed Properties (Short Sales & Bank Owned) make up 23% of the Active Listings
Distressed Properties (Short Sales & Bank Owned) make up 81% of the Listings under Contract
Distressed Properties (Short Sales & Bank Owned) make up 56% of the Sold Listings
Average Days on Market (DOM) for Active Listings is 226
Average Days on Market (DOM) for Listings under Contract is 173
Average Days on Market (DOM) for Sold Listings is 121

Originally published … (0 comments)