The Camarillo
Short Sale Market Action Index has been trending down lately, while inventory
and days-on-market are climbing. The trends imply a weakening market. The market has been cooling over time
and prices plateaued for a while. Despite the consistent decrease in MAI, we're
in the Seller's zone. Watch for changes in MAI. If the MAI resumes it's climb,
prices will likely follow suit. If the MAI drops consistently or falls into the
Buyer's zone, watch for downward pressure on prices.
Average
Listing Price $717,158
for
week ending Jul 02 -$10,911 -1.5% w-o-w
Median
Sales Price $475,000
Apr
'14 - Jul '14 +$50,000 +11.8% y-o-y
Home
Standings
$717,158
|
-1.5%
|
w-o-w
|
|
$475,000
|
+11.8%
|
y-o-y
|
|
$297
|
+5.3%
|
y-o-y
|
|
211
|
-28.5
%
|
y-o-y
|
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.
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.
If you would like
periodic updates on what is going on in Your
Neighborhood or the Ventura County Real Estate Market, Click on the Links!
Thanks for reading
this,
Phone:
805-208-0823.
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