Simi Valley & Moorpark   Market report January 1, 2008 through May 31, 2008 

30% of the homes in escrow are short-sales and 10% are Foreclosures

Single Family Detached Homes

 

Active Listings                                                     Simi Valley                              Moorpark

# Units                                                                          524                                          192

Average List Price                                                    $618,220                                 $855,239

Average Days Listed                                                     91                                            95

 

Pending Sales in Escrow

# Units                                                                          149                                           25

Average List Price                                                    $509,479                                 $612,740

Average Days on Market                                              71                                            81

 

Closed Sales

# Units                                                                          333                                           67

Average List Price                                                    $569,627                                 $680,060

Average Sold Price                                                  $543,436                                 $650,517

Average Days Listed                                                     88                                           108

 

Average Closed Sales per month                                 66.6                                         13.4

Unsold Inventory Index (in months)                             7.87                                        14.32

 

Condos, Town Homes - Attached Homes

 

Active Listings                                                     Simi Valley                              Moorpark

# Units                                                                          176                                           54

Average List Price                                                    $358,871                                 $331,296

Average Days Listed                                                     85                                            79

 

Pending Sales in Escrow

# Units                                                                           24                                             3

Average List Price                                                    $310,925                                 $364,103

Average Days on Market                                              53                                            67

 

Closed Sales

# Units                                                                           57                                            15

Average List Price                                                    $352,781                                 $336,240

Average Sold Price                                                  $381,625                                 $325,368

Average Days Listed                                                     88                                            82

 

Average Closed Sales per month                                 11.4                                           3

Unsold Inventory Index (in months)                            15.44                                         18

 

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