Yeah I know I have this posted on both my blogs, I am doing this to check out GOOGLE juice. I want to see how strong localism is here.
Simi Valley - Moorpark Market Report for January 1 through May 31, 2008
Single Family Detached Homes
Active Listings Simi Valley Moorpark
# Units 524 192
Average List Price $618,220 $855,239
Average Days Listed 91 95
Pending Sales in Escrow
# Units 149 25
Average List Price $509,479 $612,740
Average Days on Market 71 81
Closed Sales
# Units 333 67
Average List Price $569,627 $680,060
Average Sold Price $543,436 $650,517
Average Days Listed 88 108
Average Closed Sales per month 66.6 13.4
Unsold Inventory Index (in months) 7.87 14.32
Condos, Town Homes & Attached Homes
Active Listings Simi Valley Moorpark
# Units 176 54
Average List Price $358,871 $331,296
Average Days Listed 85 79
Pending Sales in Escrow
# Units 24 3
Average List Price $310,925 $364,103
Average Days on Market 53 67
Closed Sales
# Units 57 15
Average List Price $352,781 $336,240
Average Sold Price $381,625 $325,368
Average Days Listed 88 82
Average Closed Sales per month 11.4 3
Unsold Inventory Index (in months) 15.44 18
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Just curious - how many of these were foreclosures in our area?
Connie on the pendings 30% are Shorts, 10-20% are REO. I cannot pull a more accurate numbers on the REO because of the way our MLS reports the data. an REO filed was just added, but there are older listings that did not have that avaialible.