Local Market Report: Conejo Valley

Page 1

Local Market Report October 2014

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

Oct. 2013

Median Price $1,225,000

Properties Sold

1

Sales Volume $1,225,000

Average Sale Price

$1,225,000

Properties For Sale 2

Average Days on Market

111

Months Supply of Inventory 2.00

Average List Price

n/a

Oct. 2014 n/a 0 $0

-100%

n/a 1 n/a n/a n/a

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

Rodeo Realty RodeoRE.com

%Change

-50%


Agoura Hills

Oct. 2013

Oct. 2014

%Change

Median Price $758,750

$845,000

11%

15

-25%

$12,987,000

-25%

Properties Sold

20

Sales Volume $17,299,769

Average Sale Price

$864,988

Properties For Sale 84

Average Days on Market

64

Months Supply of Inventory 4.20

Average List Price

$872,797

$865,800

0%

94

12%

139

117%

6.27

49%

$1,113,950

28%

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

Rodeo Realty RodeoRE.com


Camarillo

Oct. 2013

Oct. 2014

%Change

Median Price $483,500

$530,000

10%

58

-17%

$35,117,399

-7%

$605,472

13%

222

10%

71

-17%

3.83

33%

$782,181

18%

Properties Sold

70

Sales Volume $37,596,250

Average Sale Price

$537,089

Properties For Sale 201

Average Days on Market

86

Months Supply of Inventory 2.87

Average List Price

$664,978

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

Rodeo Realty RodeoRE.com


Moorpark

Oct. 2013

Oct. 2014

%Change

Median Price $647,500

$586,000

-9%

18

-36%

$11,168,994

-39%

$620,500

-5%

133

41%

87

43%

7.39

120%

$750,473

17%

Properties Sold

28

Sales Volume $18,347,242

Average Sale Price

$655,259

Properties For Sale 94

Average Days on Market

61

Months Supply of Inventory 3.36

Average List Price

$642,206

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

Rodeo Realty RodeoRE.com


Newbury Park

Oct. 2013

Oct. 2014

%Change

Median Price $649,900

$595,125

-8%

32

-29%

$22,685,400

-27%

Properties Sold

45

Sales Volume $30,959,325

Average Sale Price

$687,985

Properties For Sale 99

Average Days on Market

64

Months Supply of Inventory 2.20

Average List Price

$709,305

$708,919

3%

135

36%

76

19%

4.22

92%

$827,250

17%

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

Rodeo Realty RodeoRE.com


Oak Park

Oct. 2013

Oct. 2014

%Change

Median Price $755,000

$810,000

7%

Properties Sold

11

Sales Volume $8,434,050

Average Sale Price

$766,732

Properties For Sale 37

Average Days on Market

58

Months Supply of Inventory 3.36

Average List Price

$801,647

5

-55%

$4,751,400

-44%

$950,280

24%

35

-5%

74

28%

7.00

108%

$965,990

21%

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

Rodeo Realty RodeoRE.com


Oxnard

Oct. 2013

Oct. 2014

%Change

Median Price $383,007

$460,000

20%

286

0%

$59,199,363

87%

$574,751

34%

286

0%

78

-1%

2.78

-28%

$539,187

27%

Properties Sold

286

Sales Volume $31,671,790

Average Sale Price

$427,997

Properties For Sale 286

Average Days on Market

79

Months Supply of Inventory 3.86

Average List Price

$423,457

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

Rodeo Realty RodeoRE.com


Simi Valley

Oct. 2013

Oct. 2014

%Change

Median Price $480,000

$495,000

3%

105

13%

$58,594,362

10%

$558,042

-3%

370

27%

81

31%

3.52

12%

$612,560

17%

Properties Sold

93

Sales Volume $53,358,349

Average Sale Price

$573,746

Properties For Sale 292

Average Days on Market

62

Months Supply of Inventory 3.14

Average List Price

$524,547

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

Rodeo Realty RodeoRE.com


Thousand Oaks

Oct. 2013

Oct. 2014

%Change

Median Price $620,000

$641,500

3%

64

-4%

$44,320,612

-5%

$692,510

0%

239

11%

78

42%

3.73

16%

$981,816

11%

Properties Sold

67

Sales Volume $46,459,925

Average Sale Price

$693,432

Properties For Sale 215

Average Days on Market

55

Months Supply of Inventory 3.21

Average List Price

$883,296

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

Rodeo Realty RodeoRE.com


Ventura

Oct. 2013

Oct. 2014

%Change

Median Price $454,000

$542,250

19%

66

-3%

$45,988,640

29%

$696,798

33%

238

11%

75

29%

3.61

14%

$566,063

-11%

Properties Sold

68

Sales Volume $35,659,489

Average Sale Price

$524,404

Properties For Sale 215

Average Days on Market

58

Months Supply of Inventory 3.16

Average List Price

$636,758

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

Rodeo Realty RodeoRE.com


Westlake Village

Oct. 2013

Median Price $1,010,000

Properties Sold

28

Sales Volume $37,472,340

Average Sale Price

$1,338,298

Properties For Sale 128

Average Days on Market

90

Months Supply of Inventory 4.57

Average List Price

$1,514,432

Oct. 2014

%Change

$1,130,000

12%

33

18%

$44,019,500

17%

$1,333,924

0%

132

3%

77

-14%

4.00

-12%

$1,585,381

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

Rodeo Realty RodeoRE.com

5%


RODEO REALTY MARKETING DEPARTMENT


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