Sellers Market - Inventory Week of November 12, 2012

If you have been thinking about selling your home...now is one of the best times we have seen in recent history due to a lack of inventory on the market in Camarillo and Ventura County. As you will see from the chart below, most categories of Single Family Homes in Camarillo and Ventura County have apx. 1 month or less of Active Inventory.  To give you an example, in the $400,000 to $650,000 range, there are only 18 homes on the market in Camarillo as of 11/12/2012 per the MLS.  In the last 12 months, in that same category, there were 324 homes sold.

[caption id="attachment_107" align="alignleft" width="555"] Low Inventory means prices will continue to increase.[/caption]

If the pace of sales maintains at the current levels then we only have .7 months worth of inventory available for new buyers.  All expectations are that demand will continue to be high as long as interest rates stay low and the economy doesn't fall back into a recession.  As a Seller, what does that mean to you? Well, with fewer homes on the market it means that you get to be more aggressive with your price.   So, if you are thinking about selling your Camarillo home or your home anywhere in Ventura County, today's market is much more positive than it was earlier this year and prior.So, please take some time and head to my website where you can complete a form to get more information on what the value of your home looks like in this new market.  See the link below:

http://2cidirect.com/free_home_valuation.asp