In our July newsletter, read about a deja vu experience and Making a Difference… for the homeless! What Don and I did was small but added up, makes a huge impact!

Oxnard is the most telling for changes in June data. First, for single family homes sold in all home sizes, the Sold Price was higher than the List Price. For Oxnard condos, the List Price was higher than the Sold Price, BUT notice how much higher the average List Price jumped compared to previous months. Finally, as noted earlier, inventory levels have plunged in Oxnard. Ventura and Camarillo are approximately holding steady so far.

The LA Times main headline today, “Southland home prices looking up”, stated that median home value prices rose 6.4% in the Southland from May to June, and that fewer than half of those sales were foreclosures. Foreclosures continue at a high pace and the economy is only now starting to get back on its feet. See Leslie’s just posted focused statistics on home sales, homes that have gone into escrow (“Pendings”), and inventory levels for Ventura, Oxnard and Camarillo.

Ventura real estate activity is directly reflected in homes pending that have gone into escrow. This data is taken directly from the Ventura MLS and provides a monthly and quarterly summary since January 2007.

Oxnard real estate activity is directly reflected in homes pending that have gone into escrow. This data is taken directly from the Oxnard MLS and provides a monthly and quarterly summary since January 2007.