Local Market Report: Conejo - May 2015

Page 1

Local Market Report May 2015

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

May 2014

May 2015

%Change

Median Price $650,000

$650,250

0%

60

5%

$42,366,900

-8%

$706,115

-12%

70

-16%

77

1%

2.92

-16%

$1,133,690

32%

Properties Sold

57

Sales Volume $45,983,000

Average Sale Price

$806,719

Properties For Sale 83

Average Days on Market

76

Months Supply of Inventory 3.46

Average List Price

$859,459

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

Rodeo Realty RodeoRE.com


Agoura Hills

May 2014

May 2015

%Change

Median Price $674,500

$647,500

-4%

32

0%

Properties Sold

32

Sales Volume $28,909,000

Average Sale Price

$903,406

Properties For Sale 125

Average Days on Market

76

Months Supply of Inventory 3.91

Average List Price

$982,870

$25,041,900

-13%

$782,559

-13%

121

-3%

75

-1%

3.78

-3%

$1,120,066

14%

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

Rodeo Realty RodeoRE.com


Camarillo

May 2014

May 2015

%Change

Median Price $480,000

$525,000

9%

87

16%

$50,834,875

22%

$584,309

5%

309

-4%

84

14%

3.55

-17%

$716,654

10%

Properties Sold

75

Sales Volume $41,753,592

Average Sale Price

$556,715

Properties For Sale 321

Average Days on Market

74

Months Supply of Inventory 4.28

Average List Price

$650,572

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

Rodeo Realty RodeoRE.com


Moorpark

May 2014

May 2015

%Change

Median Price $577,500

$575,000

0%

36

0%

$21,284,014

-1%

$591,223

-1%

181

20%

54

-5%

5.03

20%

$742,438

13%

Properties Sold

36

Sales Volume $21,577,287

Average Sale Price

$599,369

Properties For Sale 151

Average Days on Market

57

Months Supply of Inventory 4.19

Average List Price

$655,018

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

Rodeo Realty RodeoRE.com


Newbury Park

May 2014

May 2015

%Change

Median Price $624,500

$617,500

-1%

44

0%

$32,993,000

0%

$749,841

0%

161

5%

69

-7%

3.66

5%

$771,544

-5%

Properties Sold

44

Sales Volume $33,050,324

Average Sale Price

$751,144

Properties For Sale 154

Average Days on Market

74

Months Supply of Inventory 3.5

Average List Price

$814,580

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

Rodeo Realty RodeoRE.com


Oak Park

May 2014

May 2015

%Change

Median Price $640,000

$650,250

2%

28

17%

$18,990,000

17%

$678,214

1%

Properties Sold

24

Sales Volume $16,175,000

Average Sale Price

$673,958

Properties For Sale 71

Average Days on Market

77

Months Supply of Inventory 2.96

Average List Price

$681,603

50

-30%

76

-1%

1.79

-40%

$909,938

33%

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

Rodeo Realty RodeoRE.com


Oxnard

May 2014

May 2015

%Change

Median Price $370,000

$400,000

8%

123

9%

$57,712,037

14%

$469,204

4%

413

-6%

59

-20%

3.36

-14%

$592,860

16%

Properties Sold

113

Sales Volume $50,828,193

Average Sale Price

$449,807

Properties For Sale 440

Average Days on Market

74

Months Supply of Inventory 3.89

Average List Price

$511,171

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

Rodeo Realty RodeoRE.com


Simi Valley

May 2014

May 2015

%Change

Median Price $464,000

$499,000

8%

145

-3%

$77,195,448

1%

$532,382

4%

Properties Sold

149

Sales Volume $76,285,139

Average Sale Price

$511,981

Properties For Sale 479

Average Days on Market

54

Months Supply of Inventory 3.21

Average List Price

$537,865

429

-10%

62

15%

2.96

-8%

$569,254

6%

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

Rodeo Realty RodeoRE.com


Thousand Oaks

May 2014

May 2015

%Change

Median Price $565,000

$652,500

15%

104

51%

$73,975,547

58%

$711,303

5%

313

1%

67

12%

3.01

-33%

$981,687

25%

Properties Sold

69

Sales Volume $46,895,212

Average Sale Price

$679,641

Properties For Sale 309

Average Days on Market

60

Months Supply of Inventory 4.48

Average List Price

$784,210

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

Rodeo Realty RodeoRE.com


Ventura

May 2014

May 2015

%Change

Median Price $449,950

$500,000

11%

100

19%

$51,511,450

30%

$515,115

10%

281

-11%

61

0%

Properties Sold

84

Sales Volume $39,500,995

Average Sale Price

$470,250

Properties For Sale 317

Average Days on Market

61

Months Supply of Inventory 3.77

Average List Price

$560,726

2.81 $608,022

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

Rodeo Realty RodeoRE.com

-25% 8%


Westlake Village

May 2014

May 2015

%Change

Median Price $770,000

$972,500

26%

58

35%

$61,177,424

48%

$1,054,783

10%

257

20%

59

9%

Properties Sold

43

Sales Volume $41,222,313

Average Sale Price

$958,658

Properties For Sale 214

Average Days on Market

54

Months Supply of Inventory 4.98

Average List Price

$1,226,033

4.43

-11%

$1,406,906

15%

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

Rodeo Realty RodeoRE.com


RODEO REALTY MARKETING DEPARTMENT


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