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Current Market Trends

by Harold Powell

Today's market video answers 2 questions. What's happening with the real estate market today? Is now a good time to sell?

Real Estate Price Point Increase

by Harold Powell

The change in market pricing for different price points can best be seen when you compare 2 different points in time.

The market pricing chart reflects 2 different time periods in $50,000 increments for Ventura County. The outline chart are the number of sold properties per price point from April 2011 to April 2012.  The solid green chart reflects the same thing but from April 2012 to April 2013.


As you look at the different price points there has been a significant move up in the number of homes now selling over 350,000 from the previous year. There were a greater number of sold homes under 350,000 2 years ago due to the market conditions. You can also see that in every price category over $350,000 there has been an increase in the number of homes sold. It’s almost as is the outline chart was shifted over one increment to the right.  

The graph also reflects the continuing strength in the over $600,000 price range as well.  This is helped by the fact that the move up seller has enough equity to buy that more expensive home.


This is the 2 year median for sale and the median sold properties chart for Ventura County.  The red bars reflect the change in the median asking price(for sale price) which is up 35%.   While the median sold price is now up 24% from 2 years ago.  

To find out specifically more about your property give me a call at 805-339-3516.

 

 

Displaying blog entries 1-2 of 2

Contact Information

Photo of Harold Powell Real Estate
Harold Powell
RE/MAX Gold Coast Realtors
5720 Ralston St. Ste. 100
Ventura CA 93003
(805) 339-3516