Moorpark Reo Market Report 4th Quarter 2008
Residential: 10/01/2008--12/31/2008 Moorpark, CA 93021
Total units sold: 84
Units that were REO: 9
Averages Non REO: Averages REO:
sq.ft. 2,178 sq.ft.: 1,482
List Price: 571,775 List Price: 354,400
Sale Price: 534,963 Sale Price: 353,433
SP%LP: 93.56 SP%LP: 99.73
$/sq.ft: 254.62 $/sq.ft.: 239.20
DOM: 103 DOM: 86
Presented by:
Rudy Detgen
Troop Real Estate
all information deemed reliable but not guaranteed
It's no big secret that our economy is in dire straights, but how did we get to where we are today?
Who's fault is it? Government? Consumers starving for the "American Dream"? Big Business and Wall Street?
I've posted a link below to a video that will answer some of these questions.
It is a PBS show called "Front Line" and the video is called "Inside the Meltdown". It's about one hour and you can watch it right on your computer.
This is a "MUST SEE";It is frightening!
http://www.pbs.org/wgbh/pages/frontline/meltdown/view/
Rudy Detgen
Month of October REO,
Bank Owned
Residential
Sold Properties: 19
Averages
Days on Market: 33
Square Feet: 1610
$/sq.ft.: 246.58
Original List Price: 388,601
List Price: 384,063
Sale Price: 385,916
SP%LP: 100.22
High: 510,000
Low: 195,100
Median: 329,900
REO % Sold Units: 18
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Month of November REO,
Bank Owned
Residential
Sold Properties: 10
Averages
Days on Market: 45
Square Feet: 1432
$/sq.ft.: 223.74
Original List Price: 312,230
List Price: 298,340
Sale Price: 304,000
SP%LP: 101.90
High: 510,000
Low: 154,000
Median: 194,000
REO % Sold Units: 12
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Month of December REO,
Bank Owned
Residential
Sold Properties: 18
Averages
Days on Market: 53
Square Feet: 1476
$/sq.ft.: 223.63
Original List Price: 344,917
List Price: 337,194
Sale Price: 335,911
SP%LP: 99.62
High: 877,000
Low: 159,900
Median: 252,495
REO % Sold Units: 24
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Analysis: Days on market remaining stable averaging 47 days.
Cost per square foot remaining stable at $235.00 per sq.ft.
Selling price%List price at 100.58%, up from 3rd quarter
Percentage of units sold that were REO:18%. Down from 3rd quarter's 46%
Prepared by:
Rudy Detgen
Troop Real Estate Inc.
3200 E Los Angeles Ave #12
Simi Valley, CA 93065
RDETGEN@SBCGLOBAL.NET
www.rudydetgen.com
all data deemed reliable but not guaranteed
FRESH OFF THE PRESS!
REO listing specialist Rudy Detgen, just added a buyer's agent to his team!
This is exciting news for anyone looking to purchase bank owned homes, REO's, in Ventura County or the San Fernando Valley.
Jamison Malone comes to the team with years of experience in the local market representing both buyers and sellers alike. She is experienced in writing offers on some of the most difficult transactions in a market where almost half of the homes sold are Real Estate Owned, (REO), or Bank Owned. Jamison will offer buyers of these properties her expert representation in dealing with the banks.
EXITING NEWS!
If you or anyone you know is thinking of buying a bank owned home in the Ventura County or San Fernando Valley areas, give Jamison a call!
She can be reached at:
Direct: 805-660-6574
email: JMaloneHomes@aol.com
web: JamisonMalone.com
FRESH OFF THE PRESS!
REO listing specialist Rudy Detgen, just added a buyer's agent to his team!
This is exciting news for anyone looking to purchase bank owned homes, REO's, in Ventura County or the San Fernando Valley.
Jamison Malone comes to the team with years of experience in the local market representing both buyers and sellers alike. She is experienced in writing offers on some of the most difficult transactions in a market where almost half of the homes sold are Real Estate Owned, (REO), or Bank Owned. Jamison will offer buyers of these properties her expert representation in dealing with the banks.
EXITING NEWS!
If you or anyone you know is thinking of buying a bank owned home in the Ventura County or San Fernando Valley areas, give Jamison a call!
She can be reached at:
Direct: 805-660-6574
email: JMaloneHomes@aol.com
web: JamisonMalone.com
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Realtor® serving Moorpark, Simi Valley, and most of Ventura County. DRE # 01770676 Specializing in residential property. Also listing agent for financial institutions, (REOs).
Hello, I'm Rudy Detgen, and I am a Realtor®. I'm a member of the Simi Valley, Moorpark Association of Realtors® , the California Association of Realtors® and the National Association of Realtors®.
I hold the "At Home With Diversity" certification from the National Association of Realtors® , which means I encourage diversity in home ownership.
I run my practice out of Troop Real Estate Inc. in Simi Valley, CA. Troop is the largest independent broker in Ventura County. I am a 20 year resident of Moorpark with a vested interest in my community where I have volunteered locally with the Boy Scouts of America and the Ventura County Sheriff's Department. I have been married for 27 years, and have 2 sons. I specialize in listing residential property and bank owned property, (REO's). I enjoy hiking, photography, and riding american motorcycles. California DRE # 01770676.
I represent buyers and sellers of residential real estate. I also list properties for financial institutions, (REOs).
Rudy, you were wonderful in helping me over all of the hurdles to get my buyer's into one of your REO listings.
Maria
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