Simi Valley and Moorpark Real Estate Market Data Through May 2008

Simi Valley and Moorpark Real Estate Market Data Through May 2008
The following information contains the year to date numbers for the Simi Valley Moorpark Housing Market taken from the Ventrua County Regional Data Share MLS.  

The number of homes selling are picking back up.  Prices continue to decline and financing is becoming harder to obtain for many buyers.  Banks are still struggling to find their way in negotiating Short Sale properties.

 

Simi Valley & Moorpark

Market report January 1, 2008 through May 31, 2008

 

Activity – Single Family Detached Homes
Active Listings	Simi Valley	Moorpark
Active
# 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
Total Closed Sales for 2008
# 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

Activity – Single Family Attached Homes
Active Listings	Simi Valley	Moorpark
Active
# 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
Total Closed Sales for 2008
# 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	3.0
Unsold Inventory Index (in months)	15.44	18.0