The Real Estate Market is HOT in Camarillo #SellersMarket #TimeToSell

Real Estate Agent with Allison James Elite CA. BRE 01501699

The median home value in Camarillo is $568,400. Camarillo home values have gone up 4.6% over the past year and we predict they will rise 2.4% within the next year. The median list price per square foot in Camarillo  is $333, which is higher than the Camarillo average of $332. The median price of homes currently listed in Camarillo is $629,900. Foreclosures will be a factor impacting home values in the next several years.

In Camarillo 0.9 homes are foreclosed (per 10,000). This is greater than the Camarillo value of 0.4 and also lower than the national value of 1.6 Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment.

The percent of delinquent mortgages in Camarillo is 0.0%, which is lower than the national value of 0.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Camarillo homeowners underwater on their mortgage is 0.1%, which is higher than Camarillo at 0.1%. 

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Chris B Johnson REALTOR®

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Is it Too Late to Short Sell My Home??
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