November home sales numbers continued to fall in Ventura and Camarillo with a slight uptick in Oxnard.

Single family home price points increased for Ventura and Camarillo and Oxnard remains steady; but condo price points for Ventura are softening while Oxnard had a modest increase and Camarillo bounced back up.

Because monthly reports are more volatile, I’m waiting for December’s numbers so we can see how the broader trend looks for the last quarter of 2011.

The percentage of single family homes that were distressed sales in the month of  November are:

Ventura – 49%      Oxnard – 63%      Camarillo – 51%

Sold prices – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Sold prices – Condos in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3
  

Numbers sold – Single family homes in Ventura, Oxnard, Camarillo:

• 12 month graph
• Quarterly graph ending Q3

Detailed data for single family homes sold in:

• Ventura
• Oxnard
• Camarillo

Detailed data for condos sold in:

• Ventura
• Oxnard
• Camarillo

Detailed monthly data for pendings (in escrow) – single family homes and condos:

• Ventura
• Oxnard
• Camarillo

All data is taken from the Ventura, Oxnard and Camarillo MLS.

Here are examples of small industrial units that were recently taken back by their lenders. They show exceptional value for either an owner/user or an investor looking to acquire small industrial units.

This photo is of 2 adjacent condo units on Dupont Circle, Ventura. Each are about 1,200 square feet, have an  office in front with warehouse in back. Currently, the front offices are open to each other but could easily be put back into individual offices. The opening bid for the pair at auction was $240,000 but there were no bidders so the units reverted back to the lender. Comparable units in the area have been selling for $170,000. Read the rest of this article »