Tuesday, November 27, 2012

Camarillo Inventory of Homes

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The inventory of single family homes in Camarillo and Ventura County remained at very low levels. In Camarillo today there is only one SFR on the market today under $250,000 and only 6 from $250,000 to $400,000.  Only 36 homes are on the Active market under $1.0 million.  In total, that leaves us with an inventory of of less than 1 month (.6 months to be exact) of single family homes in Camarillo less than $1.0 million.  Over $1.0 million there are 14.7 months of inventory on the Active market.  The numbers are similar when you expand the search to all of Ventura County.  Needless to say, under $1.0 million, we should continue to see price appreciation and a Seller's market until these inventory levels get back to 3 to 4 months.  If you are thinking about Selling your home in Camarillo or Ventura County, now is a good time for you to call me to discuss your options.  I look forward to hearing from you.  

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