Monday Morning Coffee Break: Ventura County Real Estate Doing's for W/E May 24, 2008

Ventura County real estate continues to show signs of having turned to the upside.

Over the last week there has been a decline in listings (inventory); sales continue to increase (although it slowed the last two weeks this past week when compared to prior weeks); the number of days on the market for sold properties continues to average three (3) months; and the variance between list price and average sales price for sold homes continues to hover around -5.0 %.

Homes priced from $ 300,000 to the low $ 400,000's appear to be selling the fastest. Conejo, Simi and Moorpark appear to be the highest sales area. Fillmore continues to show prices sliding downward.

For complete article go to: www.venturacountyretalk.com