Interest Rates Are Doing Down, So Ventura Home Prices Are Gong Up?

By
Real Estate Agent with Allison James Elite CA. BRE 01501699

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

 
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.

Chart Temporarily Unavailable
 
 
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.

Chart Temporarily Unavailable
 
 
Property Ownership
 
Additional Statistics for Single Family Homes and Condos in Moorpark, CA
$673,000
Median Listing Price
34
Median Days on Market
234
Active Listings
5.6%
Distressed Listings
(foreclosures and short sales)

12464 PALMER DR
MOORPARK, CA 93021

$1,650,000

3/4/2016
Single Family
 
5
5
5241
 
 
 
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this.  Best wishes for a fantastic 4th of July!

Jul 02, 2016 11:18 PM #1
Rainmaker
508,534
Chris B Johnson REALTOR®
Allison James Elite - Moorpark, CA
5 Star Rated REALTOR® Quality, Not Quantity

Thank you Jim Crawford Hope you have a fabulous 4th too!

Jul 03, 2016 08:08 AM #2
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Rainmaker
508,534

Chris B Johnson REALTOR®

5 Star Rated REALTOR® Quality, Not Quantity
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