Search This Blog

Thursday, May 29, 2014

Moorpark Hyperlocal Short Sale Trends, Has the Moorpark Short Sale Market Been Pulling Back?

By Chris B Johnson Realtor  Moorpark Short Sale Map- Ventura County Short Sale,

http://www.VCNeighborhoodValues.com
The Moorpark Short Sale Market has been pulling back and prices have recently flattened. Demand measured by the Market Action Index is increasing and days-on-market is holding steady. With more properties coming available, conditions are mildly positive. In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market View for Moorpark

Average Listing Price                $764,015
for week ending May 21           -$13,126
                                                      -1.7%
Median Sales Price                  $535,000
Feb '14 - May '14                     +$40,000
                                                 +8.1%
Home Standings                   140 Homes for Sale
3      Open Homes
  1. Recently Sold
83 Foreclosures

Average Listing Price
$764,015
-1.7%
w-o-w
Median Sales Price
$535,000
+8.1%
y-o-y
Average Price/sqft
$275
+5.0%
y-o-y
Number of Sales
64
-30.4 %
y-o-y

No. Bedrooms
Feb - May '14
y-o-y
3 months prior
1 year prior
5 years prior
1 bedroom
-
-
-
-
-
2 bedrooms
$370,000
+18.6%
$375,000
$312,000
$242,250
3 bedrooms
$462,000
+7.9%
$478,000
$428,000
$355,000
4 bedrooms
$589,000
+7.1%
$602,500
$550,000
$570,000
All properties
$535,000
+8.1%
$522,500
$495,000
$380,000

Looking for help? I can help you get your Single Point Of Contact, obtain a Loan Modification or Short Sale your property and get back on your feet.

Send me an e-mail at cjohnson@prucalhomes.com. I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 805-208-0823.

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Moorpark loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.
Thanks for reading this,

Chris B Johnson.

Chris B Johnson is a Realtor with Prudential California Realty, Berkshire Hathaway HomeServices .
 Phone: 805-208-0823.
email cjohnson@prucalhomes.com.

Certified HAFA Specialist      Certified Distressed Property Expert    Certified Short Sale Negotiator.  

Finding The Right Solution                                               How To Do A Short Sale
How To Write A Hardship Letter                            Loan Modification Kit
Short Sale VS Foreclosure                                    Loan Mod-Active Status Review
Is It Too Late For A Short Sale?                             The Truth About Loan Modification Approvals
Thousand Oaks Market Update                            Simi Valley Short Sale Trends
Moorpark Market Update                                        Moorpark Market Trends
Ventura County Mortgage Forgiveness              Ventura County Buyers vs Sellers
Are We Still UnderWater?                                      Which Way Is This Market Headed?
Simi Valley-Price To Sell??                                   Thousand Oaks Deficiency Judgment
Moorpark Short Sale-HyperLocal                          Thousand Oaks Short Sale-HyperLocal
Simi Valley Short Sale-HyperLocal                      Buy VS Rent    &    Buying Beats Renting
Single Point Of Contact = Success?                    Ventura County Short Sale Market Trends


By Chris B Johnson Realtor.  

No comments:

Post a Comment