Simi Valley Moorpark Real Estate Market Update Jan-09 YTD

by Ted Mackel on February 10, 2009

Simi Valley Moorpark Real Estate Market Update Jan-09 YTD

The following report contains the Year To Date housing activity for Simi Valey & Moorpark California.  At first glance it is nice to see that what was happening this time last year is not being repeated.  Sales for the January in Simi Valley was 35 total single family detached homes.  This year we had 73.  While this is good news.  It still will be some time before we will know where this market will bottom out.

Activity – Single Family Detached Homes
Active Listings Simi Valley Moorpark
Active
# Units 400 130
Average List Price 576,505 832,652
Average Days Listed 126 104
Pending Sales in Escrow
# Units 77 23
Average List Price 403,868 552,328
Average Days on Market 80 96
Total Closed Sales for 2008
# Units 73 18
Average List Price 441,094 576,775
Average Sold Price 431,112 554,539
Average Days Listed 84 65
Average Closed Sales per month 73 18
Unsold Inventory Index (in months) 5.478 7.22
Activity – Single Family Attached Homes
Active Listings Simi Valley Moorpark
Active
# Units 117 35
Average List Price 325,655 262,325
Average Days Listed 145 133
Pending Sales in Escrow
# Units 21 12
Average List Price 282,593 274,940
Average Days on Market 148 82
Total Closed Sales for 2008
# Units 11 7
Average List Price 263,317 249,229
Average Sold Price 257,414 243,371
Average Days Listed 80 62
Average Closed Sales per month 11 7
Unsold Inventory Index (in months) 10.64 5.00
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