August 2013 Conejo Valley Local Market Report

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Conejo Valley Area RodeoRE.com Local Market Report August 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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Below is the Conejo Valley Market Report for August 2013 detailing local real estate market statistics and including year-over-year data.

Transcript of August 2013 Conejo Valley Local Market Report

Page 1: August 2013 Conejo Valley Local Market Report

Conejo Valley Area

RodeoRE.com

Local Market ReportAugust 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: August 2013 Conejo Valley Local Market Report

Agoura

Agoura Hills

Camarillo Moorpark

Newbury Park

Oak Park

Oxnard

Simi Valley

Thousand Oaks Westlake Village

Table of Contents

Rodeo RealtyR o d e o R E . c om

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Page 3: August 2013 Conejo Valley Local Market Report

Agoura

August 2012 August 2013 %Change

Median Price $1,050,000 $625,000 -40

Properties Sold 1 1 0

Sales Volume $1,050,000 $625,000 -40

Average Sale Price $1,050,000 $625,000 -40

Properties For Sale 4 3 -25

Average Days on Market 43 22 -49

Month’s Supply of Inventory 4.00 3.00 -25

Average List Price $1,099,999 $3,297,000 200

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: August 2013 Conejo Valley Local Market Report

Agoura Hills

August 2012 August 2013 %Change

Median Price $619,900 $1,076,000 74

Properties Sold 19 20 5

Sales Volume $13,296,900 $21,609,000 63

Average Sale Price $699,837 $1,080,450 54

Properties For Sale 87 74 -15

Average Days on Market 69 65 -6

Month’s Supply of Inventory 4.58 3.70 -19

Average List Price $1,046,277 $1,031,993 -1

Rodeo RealtyR o d e o R E . c om

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

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Camarillo

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $460,000 $558,000 21

Properties Sold 73 75 3

Sales Volume $38,857,700 $48,941,500 26

Average Sale Price $523,297 $652,553 25

Properties For Sale 238 215 -10

Average Days on Market 75 66 -12

Month’s Supply of Inventory 3.26 2.87 -12

Average List Price $562,766 $646,415 15

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

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Moorpark

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $444,000 $595,000 34

Properties Sold 43 40 -7

Sales Volume $19,941,400 $24,984,691 25

Average Sale Price $463,753 $624,617 35

Properties For Sale 126 104 -17

Average Days on Market 89 55 -38

Month’s Supply of Inventory 2.93 2.60 -11

Average List Price $621,422 $713,568 15

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

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Newbury Park

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $540,000 $650,000 20

Properties Sold 43 39 -9

Sales Volume $27,442,600 $29,330,00 7

Average Sale Price $638,200 $752,051 18

Properties For Sale 130 120 -8

Average Days on Market 85 48 -44

Month’s Supply of Inventory 3.02 3.08 2

Average List Price $885,058 $771,844 -13

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

Page 8: August 2013 Conejo Valley Local Market Report

Oak Park

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $633,500 $680,000 7

Properties Sold 18 14 -22

Sales Volume $12,290,000 $10,160,850 -17

Average Sale Price $682,778 $725,775 6

Properties For Sale 36 38 6

Average Days on Market 71 53 -25

Month’s Supply of Inventory 2.0 2.71 36

Average List Price $738,841 $813,989 10

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

Page 9: August 2013 Conejo Valley Local Market Report

Oxnard

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $307,500 $417,000 36

Properties Sold 142 83 -42

Sales Volume $57,983,705 $41,982,675 -28

Average Sale Price $408,336 $505,815 24

Properties For Sale 450 293 -35

Average Days on Market 88 69 -22

Month’s Supply of Inventory 3.17 3.53 11

Average List Price $432,401 $539,302 25

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

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Simi Valley

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $375,000 $486,000 30

Properties Sold 121 127 5

Sales Volume $52,530,150 $67,845,649 29

Average Sale Price $434,133 $534,218 23

Properties For Sale 440 261 -41

Average Days on Market 94 60 -36

Month’s Supply of Inventory 3.64 2.06 -43

Average List Price $464,445 $587,615 26

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

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Thousand Oaks

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $558,500 $749,000 34

Properties Sold 64 67 5

Sales Volume $37,647,364 $53,274,790 42

Average Sale Price $588,240 $795,146 35

Properties For Sale 297 227 -24

Average Days on Market 71 56 -21

Month’s Supply of Inventory 4.64 3.39 -27

Average List Price $966,759 $981,291 2

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

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Westlake Village

Rodeo RealtyR o d e o R E . c om

August 2012 August 2013 %Change

Median Price $740,000 $1,070,000 45

Properties Sold 27 37 37

Sales Volume $22,773,500 $45,897,656 102

Average Sale Price $843,363 $1,240,477 47

Properties For Sale 151 130 -14

Average Days on Market 102 48 -53

Month’s Supply of Inventory 5.59 3.51 -37

Average List Price $1,647,800 $1,237,844 -25

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

Page 13: August 2013 Conejo Valley Local Market Report

RODEO REALTY MARKETING DEPARTMENT