Todd Douglas REALTOR, Ventura County

So many of my readers want to know what the average home price is for their price point. Its sometimes hard to figure stats for a select few and call it "average", we each have our own idea about that. Of course, statistics can sometimes be skewed to favor one opinion or another.

So lets go for what I call the "Bargain" stats, Ventura County single family residences (attached and detached), offered under $400k and currently listed for sale within the last six months. I did not include sale price for this particular survey, just whats currently offered. I'll run another report soon. Anyway, lets dive into some basic figures I sourced from the MLS:

There are currently (as of 2pm Dec 16th 2008) approximately 847 active listings for single family homes, residential, condos and detached for under $400k that have been on the market for up to six months.

The average list pricing is $272,541 with the low being $63k and high $400k.

The average square feet is approx 1,264 ft, plenty for an average family of 3 or 4.

Some experts say we have only 4 months of inventory for the price point of $600k and below, and the MLS reports an average days-on-market of 52 for my stat report, significantly different.

As you can see, we are definitely in a "buyers' market" and will be for some time. Investors are flocking to the MLS seeking the best buys with the most potential for profit after some minor fixing up. Yes, it is happening! We are seeing the beginning of the "flippers' market" as I call it.

If you would like your FREE market report just give me a call at (805) 844-5354 and I would be happy to narrow down the search statistics for you and run a survey to find your dream home in a comfortable price point.

My radio interview on KTVA 1520 News Talk radio can be seen and heard in its entire length here:

http://805realestate.blogspot.com

My part is about 14 minutes in, and again near the end I list a few open houses.

I must say its weird to hear my voice from that perspective! I sound so strange!

I'm so excited to be invited to attend SJ Studio Salon & Spa's OPEN HOUSE tonight at 2200 Outlet Center Dr, suite 460 @ The Palms in North Oxnard (Just of the 101).

Sonia, the spa's manager, says there will be refreshments, a DJ and edible delights and everyone is promissed a great time!

Starts at 6 and goes until 9pm. Sonia can be reached at (805)485-7800, tell her Todd Douglas sent ya!

As a REALTOR with Keller Williams Camarillo CA I'm fortunate enough to work with some spectacular customer service professionals! One such pro is Steve Carrigan, Mortgage Advisor at Platinum Home Mortgage Corporation (805)389-0282.

I recently received some awesome information on help for struggling homeowners needing to modify there loans without paying a dime! Homeowners shouldn't pay any "Modification" or "Loan Workout" fees, which could be as high as $5,000!! "I believe the government will be coming out with some interesting options for loan modifications." Says Steve. In fact, be sure to tell homeowners already in negotiations to hold out as long as they can because when Obama takes office things may get interesting.

Several organizations are shown below, and should be contacted as soon as a homeowner thinks they could be in trouble. And of course, call me anytime if I can assist. (805)844-5354 cell (805)278-9760 home.

December 13, 2008
Daytime festivities 10:00 a.m.; Parade 7:00 p.m.
Channel Islands Harbor
Oxnard , CA 93035

Enjoy a California coastal holiday. Visitors can enjoy hundreds of thousands of light sparkle and dance along the water's edge. Daytime festivities include snow play for kids, strolling carolers, horse-drawn carriages, and visits from Mr. and Mrs. Claus. View the parade from the water. Call the California Welcome Center for a list of participating businesses (805) 988-0717.