Simi Valley Moorpark Real Estate Home Sales Activity Report for July 2008

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