This is the October 2016 Camarillo Homes Update
Before we delve into the October Camarillo Single Family Homes statistics, did you know that Camarillo is home to one of Southern California’s hottest shopping destinations. There is Old Town where its history is celebrated and there is the Camarillo Outlet Mall. Two dynamic venues but as different as can be from each other.
Let’s see how this hottest shopping destination city live did in October, 2016 as far as Camarillo Single Family Home Sales are concerned.
Homes sales for Camarillo Single Family Homes remained about the same in October, 2016 compared to October of last year. Just one less Camarillo Home was sold the year than last (month to month). The average price sales price for Camarillo Single Family Homes declined by 3.07% from October, 2015.
Inventory of Camarillo Single Family Homes remains low, which puts pressure on housing prices to rise, however, price appreciation is somewhat constrained due to overall affordability.
It is also important to point out that the lower price range of Camarillo Homes is very competitive. If one is looking to purchase in this particular price range, one needs to be fully pre-approved and ready to go as homes in this attractive price range often get multiple offers or a good offer within days that is accepted by the seller. However being pre-approved with all your financial ducks in a row is sound advice for those looking to purchase a home in any price range.
You can read the full October 2016 Real Estate Market Update for
Camarillo Single Family Homes in my personal blog at this link Camarillo Homes Report October 2016.