Simi Valley Moorpark Home Sales for 2008 up through July 31st 2008
Simi Valley and Moorpark Homes have continued on a steady pace of just 115 units closing on average for the last couple of months. Most of this action in being generated by the entry level and lower level forclosures as investors, first time buyers and buyers who were priced out of the market take advantage of some tremendous buys. The foreclosure market will continue to impact the Simi Valley and Moorpark housing market.
| Activity – Single Family Detached Homes | ||
| Active Listings | Simi Valley | Moorpark |
| Active | ||
| # Units | 533 | 168 |
| Average List Price | 595,369 | 929,908 |
| Average Days Listed | 92 | 97 |
| Pending Sales in Escrow | ||
| # Units | 121 | 23 |
| Average List Price | 488,371 | 510,752 |
| Average Days on Market | 78 | 103 |
| Closed Sales | ||
| # Units | 548 | 125 |
| Average List Price | 553,149 | 624,023 |
| Average Sold Price | 530,149 | 601,161 |
| Average Days Listed | 86 | 100 |
| Average Closed Sales per month | 78.29 | 17.86 |
| Unsold Inventory Index (in months) | 6.80 | 9.41 |
| Activity – Single Family Attached Homes – Condos & Townhomes | ||
| Active Listings | Simi Valley | Moorpark |
| Active | ||
| # Units | 142 | 38 |
| Average List Price | 352,908 | 326,993 |
| Average Days Listed | 103 | 78 |
| Pending Sales in Escrow | ||
| # Units | 30 | 13 |
| Average List Price | 306,297 | 285,777 |
| Average Days on Market | 69 | 94 |
| Closed Sales | ||
| # Units | 93 | 30 |
| Average List Price | 335,353 | 328,452 |
| Average Sold Price | 322,440 | 317,107 |
| Average Days Listed | 85 | 82 |
| Average Closed Sales per month | 13.29 | 4.29 |
| Unsold Inventory Index (in months) | 10.68 | 8.86 |
