Local Market Report March 2016
Conejo Valley Area 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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Table of Contents Agoura
3
Agoura Hills
4
Camarillo
5
Moorpark
6
Newbury Park
7
Oak Park
8
Oxnard
9
Simi Valley
10
Thousand Oaks
11
Ventura
12
Westlake Village
13
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Agoura
March 2015
Median Price $865,000
Properties Sold
27
Sales Volume $24,641,800
Average Sale Price
$912,659
Properties For Sale 142
Average Days on Market
82
Months Supply of Inventory 5
Average List Price
$1,089,043
March 2016 $749,000
-13%
29
7%
$24,891,999
1%
$858,345
-6%
107
-25%
70
-15%
4
-20%
$1,243,427
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
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%Change
Agoura Hills
March 2015
Median Price $865,000
Properties Sold
27
Sales Volume $24,641,800
Average Sale Price
$912,659
Properties For Sale 142
Average Days on Market
82
Months Supply of Inventory 5
Average List Price
$1,089,043
March 2016 $749,000
-13%
29
7%
$24,891,999
1%
$858,345
-6%
107
-25%
70
-15%
4
-20%
$1,243,427
14%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Camarillo
March 2015
Median Price $550,000
Properties Sold
69
Sales Volume $45,165,000
Average Sale Price
$654,565
Properties For Sale 251
Average Days on Market
85
Months Supply of Inventory 4
Average List Price
$837,995
March 2016 $630,000
15%
72
4%
$54,340,386
20%
$754,728
15%
240
-4%
75
-12%
3
-25%
$783,313
-7%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Moorpark
March 2015
Median Price $684,000
Properties Sold
22
Sales Volume $17,922,643
Average Sale Price
$814,666
Properties For Sale 123
Average Days on Market
86
Months Supply of Inventory 6
Average List Price
$682,555
March 2016 $599,000
-12%
39
77%
$27,011,492
51%
$692,602
-15%
98
-20%
90
5%
3
-50%
$821,943
20%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Newbury Park
March 2015
Median Price $645,000
Properties Sold
29
Sales Volume $22,341,208
Average Sale Price
$770,386
Properties For Sale 142
Average Days on Market
63
Months Supply of Inventory 5
Average List Price
$827,333
March 2016 $700,000
9%
30
3%
$24,496,300
10%
$816,543
6%
116
-18%
77
22%
4.00
-20%
$928,430
12%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Oak Park
March 2015
Median Price $670,000
Properties Sold
7
Sales Volume $5,390,000
Average Sale Price
$770,000
Properties For Sale 39
Average Days on Market
90
Months Supply of Inventory 6
Average List Price
$891,492
March 2016 $761,000
14%
12
71%
$9,446,000
75%
$787,167
2%
25
-36%
57
-37%
2
-67%
$991,136
11%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Oxnard
March 2015
Median Price $431,500
Properties Sold
92
Sales Volume $48,024,012
Average Sale Price
$522,000
Properties For Sale 289
Average Days on Market
73
Months Supply of Inventory 3
Average List Price
$639,862
March 2016 $455,000
5%
88
-4%
$47,313,150
-1%
$537,649
3%
233
-19%
64
-12%
3
0%
$621,085
-3%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Simi Valley
March 2015
Median Price $500,000
Properties Sold
90
Sales Volume $48,972,950
Average Sale Price
$544,144
Properties For Sale 372
Average Days on Market
73
Months Supply of Inventory 4
Average List Price
$628,997
March 2016 $532,000
6%
101
12%
$59,029,856
21%
$584,454
7%
302
-19%
66
-10%
3
-25%
$664,717
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
6%
Thousand Oaks
March 2015
Median Price $675,000
Properties Sold
55
Sales Volume $58,279,275
Average Sale Price
$1,059,623
Properties For Sale 248
Average Days on Market
68
Months Supply of Inventory 5
Average List Price
$1,030,832
March 2016 $720,000
7%
52
-5%
$39,219,110
-33%
$754,214
-29%
226
-9%
62
-9%
4
-20%
$1,134,341
10%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Ventura
March 2015
Median Price $505,000
Properties Sold
65
Sales Volume $38,055,318
Average Sale Price
$585,466
Properties For Sale 226
Average Days on Market
74
Months Supply of Inventory 3
Average List Price
$689,541
March 2016 $590,000
17%
61
-6%
$42,443,700
12%
$695,798
19%
172
-24%
70
-5%
3
0%
$839,077
22%
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
%Change
Westlake Village
March 2015
March 2016
%Change
Median Price $1,225,000
$1,360,000
11%
25
-22%
$34,647,700
-47%
$1,385,908
-33%
171
-3%
92
44%
7.00
17%
$1,948,460
-12%
Properties Sold
32
Sales Volume $65,876,500
Average Sale Price
$2,058,641
Properties For Sale 177
Average Days on Market
64
Months Supply of Inventory 6
Average List Price
$2,222,102
*Information obtained from SRAR/MRMLS MLS data, information deemed reliable but not guaranteed.
Rodeo Realty RodeoRE.com
RODEO REALTY MARKETING DEPARTMENT