October 2013 Conejo Valley Local Market Report

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Conejo Valley Area RodeoRE.com Local Market Report October 2013 At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.

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Conejo Valley Market Report for October 2013 detailing local real estate market statistics.

Transcript of October 2013 Conejo Valley Local Market Report

Page 1: October 2013 Conejo Valley Local Market Report

Conejo Valley Area

RodeoRE.com

Local Market ReportOctober 2013

At Rodeo Realty, we believe education is the key to helping clients make the best possible decisions about buying and selling homes. Our Local Market Reports provide comprehensive analyses of real estate trends in specific communities, versus quoting national, state, and/or county statistics. The fact is market conditions can vary greatly from neighborhood to neighborhood, and sometimes from one block to the next.

Page 2: October 2013 Conejo Valley Local Market Report

Agoura

Agoura Hills

Camarillo Moorpark

Newbury Park

Oak Park

Oxnard

Simi Valley

Thousand Oaks

Ventura Westlake Village

Table of Contents

Rodeo RealtyR o d e o R E . c om

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Page 3: October 2013 Conejo Valley Local Market Report

Agoura

Oct. 2012 Oct. 2013 %Change

Median Price n/a $1,225,000 n/a

Properties Sold 0 1 0

Sales Volume n/a $1,225,000 n/a

Average Sale Price n/a $1,225,000 n/a

Properties For Sale 2 2 0

Average Days on Market n/a 111 n/a

Month’s Supply of Inventory n/a 2.00 n/a

Average List Price n/a n/a n/a

Rodeo RealtyR o d e o R E . c om

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 4: October 2013 Conejo Valley Local Market Report

Agoura Hills

Oct. 2012 Oct. 2013 %Change

Median Price $727,475 $757,500 4

Properties Sold 18 21 17

Sales Volume $13,542,850 $17,928,769 32

Average Sale Price $752,381 $853,751 13

Properties For Sale 84 77 -8

Average Days on Market 62 60 -3

Month’s Supply of Inventory 4.67 3.67 -21

Average List Price $822,208 $867,404 5

Rodeo RealtyR o d e o R E . c om

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 5: October 2013 Conejo Valley Local Market Report

Camarillo

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $451,100 $485,000 7

Properties Sold 71 69 -3

Sales Volume $36,635,023 $37,151,650 1

Average Sale Price $515,986 $538,430 4

Properties For Sale 209 184 -12

Average Days on Market 73 87 19

Month’s Supply of Inventory 2.94 2.67 -9

Average List Price $553,971 $659,338 19

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 6: October 2013 Conejo Valley Local Market Report

Moorpark

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $480,000 $635,000 32

Properties Sold 22 27 23

Sales Volume $11,438,700 $17,231,100 51

Average Sale Price $519,941 $638,189 23

Properties For Sale 125 85 -32

Average Days on Market 106 62 -42

Month’s Supply of Inventory 5.68 3.15 -45

Average List Price $582,051 $650,711 12

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 7: October 2013 Conejo Valley Local Market Report

Newbury Park

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $537,750 $649,900 21

Properties Sold 24 45 88

Sales Volume $15,595,000 $30,959,325 99

Average Sale Price $649,792 $687,985 6

Properties For Sale 126 97 -23

Average Days on Market 74 64 -14

Month’s Supply of Inventory 5.25 2.16 -59

Average List Price $655,871 $758,921 16

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 8: October 2013 Conejo Valley Local Market Report

Oak Park

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $647,500 $761,525 18

Properties Sold 9 10 11

Sales Volume $6,325,400 $7,844,050 24

Average Sale Price $702,822 $784,405 12

Properties For Sale 33 36 9

Average Days on Market 82 52 -37

Month’s Supply of Inventory 3.67 3.60 -2

Average List Price $858,510 $808,913 -6

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 9: October 2013 Conejo Valley Local Market Report

Oxnard

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $300,000 $383,007 28

Properties Sold 107 74 -31

Sales Volume $45,106,100 $31,671,790 -30

Average Sale Price $421,552 $427,997 2

Properties For Sale 383 249 -35

Average Days on Market 86 79 -8

Month’s Supply of Inventory 3.58 3.36 -6

Average List Price $420,393 $429,344 2

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 10: October 2013 Conejo Valley Local Market Report

Simi Valley

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $385,000 $490,000 27

Properties Sold 123 93 -24

Sales Volume $53,607,550 $53,682,349 0

Average Sale Price $435,834 $576,154 32

Properties For Sale 353 247 -30

Average Days on Market 90 61 -32

Month’s Supply of Inventory 2.87 2.66 -7

Average List Price $504,237 $530,823 5

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 11: October 2013 Conejo Valley Local Market Report

Thousand Oaks

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $528,000 $636,250 21

Properties Sold 71 64 -10

Sales Volume $52,751,405 $44,650,025 -15

Average Sale Price $742,978 $697,657 -6

Properties For Sale 239 199 -17

Average Days on Market 106 54 -49

Month’s Supply of Inventory 3.37 3.11 -8

Average List Price $1,034,359 $861,225 -17

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 12: October 2013 Conejo Valley Local Market Report

Ventura

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $410,000 $454,000 11

Properties Sold 67 66 -1

Sales Volume $30,782,725 $34,736,989 13

Average Sale Price $459,444 $526,318 15

Properties For Sale 212 195 -8

Average Days on Market 83 58 -30

Month’s Supply of Inventory 3.16 2.95 -7

Average List Price $551,510 $658,047 19

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 13: October 2013 Conejo Valley Local Market Report

Westlake Village

Rodeo RealtyR o d e o R E . c om

Oct. 2012 Oct. 2013 %Change

Median Price $759,500 $1,010,000 33

Properties Sold 28 28 0

Sales Volume $29,795,000 $37,742,340 26

Average Sale Price $1,064,107 $1,338,298 26

Properties For Sale 123 121 -2

Average Days on Market 74 90 22

Month’s Supply of Inventory 4.39 4.32 -2

Average List Price $1,261,811 $1,573,610 25

*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.

Page 14: October 2013 Conejo Valley Local Market Report

RODEO REALTY MARKETING DEPARTMENT