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Conejo, Simi and Moorpark area real estate market remains hot in August
The Conejo Valley, Simi Valley and Moorpark area real estate market followed a familiar pattern in August, with strong demand and an increasingly tight inventory of homes leading to quick sales and prices ticking upward. “Our market’s August numbers offer a great case study in the laws of supply and demand,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “Homes sold quickly and at full asking price, both of which are indicators of…
Conejo, Simi and Moorpark area sees tighter real estate inventory during July
The Conejo Valley, Simi Valley and Moorpark area real estate market remained well within seller’s market territory in July, with lower inventory than last year and homes selling for more than asking price on average. “Our market showed no signs of slowing down during July, which is no surprise given that summer is typically the busiest time of year for real estate,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “The low supply…
Real estate market sees more of the same
Conejo, Simi and Moorpark areas remain in seller’s market June saw more of the same in the Conejo Valley, Simi Valley and Moorpark areas, with quick sales and homes selling above list price thanks to strong demand and a tight inventory of available homes. “Thanks to continued strong demand for homes in our market, these reports are starting to sound like a broken record,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “In…
SFH Median sales prices top $1 million for the first time since last summer in the Conejo, Simi and Moorpark area real estate market
Single family homes sold quickly and above asking price during May in the Conejo Valley, Simi Valley and Moorpark areas, an indication that demand for homes remains strong. Median sales prices topped $1 million for the first time since August 2022, and sellers received more than asking price on average for the first time this year in May. “It might sound like a broken record, but our market continues to demonstrate strength and stability,” said Tim McDougall, 2023 Board President…
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Conejo, Simi and Moorpark area real estate market sees strong demand despite fewer homes sold
Median sales prices decreased in the Conejo Valley, Simi Valley and Moorpark areas’ real estate market last month compared to April 2022. The inventory of available homes, homes sold and the new listings also declined in April. In spite of this, there were also indications that demand remains strong. “Homes spent just under a month on the market in April, which is a fairly quick sales cycle,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of…
Residential real estate prices hold steady during March in the Conejo Valley, Simi Valley and Moorpark areas
The Conejo Valley, Simi Valley and Moorpark areas’ real estate market saw fewer homes sold, fewer new listings and a bump in active inventory in March compared to last year. Prices held steady compared to March 2022, and sellers continue to receive almost 100% of list price. While the months supply of inventory increased, it still remains well within seller’s market territory. “While our market saw a decrease in sales activity last month compared to last year, we continue to…
Conejo Simi Moorpark Association of REALTORS® Commemorates the 55th Anniversary of the Fair Housing Act
For decades, REALTORS® – members of the National Association of REALTORS® – have supported a free, open market that embraces fairness and equal opportunity for all buyers and sellers. Members of the Conejo Simi Moorpark Association of REALTORS® (CSMAR) strongly support the Fair Housing Act, legislation first passed in 1968 and now prohibits discrimination based on race, color, religion, sex, handicap, familial status and national origin. This year, REALTORS® from the Conejo Valley, Simi Valley, and Moorpark areas will join…
Demand for real estate remains strong in the Conejo Valley, Simi Valley, Moorpark areas
The real estate market in the Conejo Valley, Simi Valley and Moorpark areas saw fewer homes sold, fewer new listings and lower prices in February compared to last year. While fewer homes were sold last month, those that did sold quickly, and sellers continued to receive nearly 100% of their list price. “Less activity doesn’t necessarily indicate that the market is cooling down,” said Tim McDougall, 2023 Board President for the Conejo Simi Moorpark Association of REALTORS® (CSMAR). “Homes continue…