Simi Valley Moorpark Real Estate Market Update Jan-09 YTD

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