Ventura County Area Market Report

The median price of existing single-family homes increased to $560,000 up 4.2% vs Feb-15. Existing single-family home sales increased 37.4% from Feb-15 for a Mar-15 total of 426 sold units. Condos increased in price to $349,250 up 10.0% vs Feb-15. Existing condo sales increased 122.5% in Mar-15 over Feb-15 for a total of 198 sold units. Single Family Median Home Price Mar-14 vs Mar-15 Clarus MarketMetrics® 4/10/2015 The Number of Sold Properties by Month Mar-14 vs Mar-15 Clarus MarketMetrics® 4/10/2015 Mar-15 Ventura County Coastal Association of REALTORS® (VCCAR)  Regional Sales and Price Activity Ventura County Coastal Association of REALTORS® (VCCAR)  Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year Mar-15 Feb-15 Mar-14 Mar-15 Feb-15 Mar-14 MLS Wide VCARD (Single Family) $560,000 4.2% 7.9% 426 37.4% 27.9% VCARD (Condo) $349,250 10.0% 21.5% 198 122.5% 40.4% VCRDS Region Cities Single Family Only Camarillo $530,000 1.9% -3.5% 66 40.4% 37.5% Fillmore $444,500 2.8% 24.7% 4 -33.3% 33.3% Moorpark $620,000 0.7% 6.4% 14 -30.0% 16.7% Newbury Park $663,000 6.1% -3.7% 33 73.7% 50.0% Oak Park $838,500 17.1% -4.1% 4 0.0% 0.0% Oak View $374,999 -15.7% -13.8% 4 0.0% 300.0% Ojai $668,500 7.8% 2.8% 12 20.0% -7.7% Oxnard $431,500 -8.2% 3.7% 80 110.5% 77.8% Port Hueneme $360,000 -1.4% 0.8% 6 -14.3% 0.0% Santa Paula $515,000 14.5% 40.7% 6 -25.0% -66.7% Simi Valley $510,000 5.2% 7.4% 65 14.0% 8.3% Thousand Oaks $675,000 -7.3% -2.2% 45 80.0% 25.0% Ventura $502,250 -6.1% 9.9% 64 23.1% 25.5% Westlake Village $1,392,500 55.2% 29.6% 14 55.6% 16.7%

Single Family = Single Family Dwelling
Condo = Condominium, Town-House
Reports generated from Clarus MarketMetrics®

Finding Your Home's History

If you want to learn the historical journey of a home, get details about its architecture, or find out how the dynamics of the neighborhood have changed throughout the years, there are many resources available. But where to start?

Read more: Houses With a Past

Where to Start

To begin the journey, Jessica Leigh Hester from CityLab suggests looking up building and property records, including permits. This information can easily be found by searching county archives, visiting your local courthouse or your local historical society. For a list of state-by-state historical societies, visit this site. Local historical societies offer many resources, including maps, old photos, real estate listings from the past that can show the change to the neighborhood throughout the years.

Dig Deeper

The next step in finding out the history of your property is starting with the recent past, Hester adds. This involves visiting your local library to find newspaper archives. Home history search is actually one of the most common requests for librarians. Many libraries also keep building permits on file, which is basically the birth certificate for your house, and is considered "the one most important piece of paper you can locate," says Jerry McCoy, Special Collections Librarian at the DC Public Library. Librarians can help you access old city directories, which can help you find out more about the people who previously lived in the home, but some city directories are actually available online.

To discover the evolution of your neighborhood,  Sanborn Maps are a valuable resource. These maps are large-scale plans for the city, and are online for those with Pro-Quest access, and available at your local library for free.

More Resources

You can visit the Public Records Online Directory to find your local public records website.

This short video from REALTOR® Magazine will help create a dynamic listing about your home's historical journey when it's time for you're ready to sell.

Source: "It's Easier Than Ever to Discover Your Home's History," CityLab (April 28, 2015) and  "Detailing Your Listing's History," REALTOR® Magazine (July, 2014)

April 2015 National Housing Trends Newsletter

Angela Yglesias

Levesque Realty 

Cell: 805-490-4944  
Phone: 805-490-4944 

Housing Trends April 2015 View archives

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National market update

Existing-Home Sales Spike in March

WASHINGTON (April 22, 2015)—Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.

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Luxury Home Hotspots

Wealthy buyers typically look to leisure-rich hotspots such as Hawaii and Florida for second homes, which they often buy into once they retire. But that’s changing, according to 2015 Luxury Market Report from the Coldwell Banker Previews International program.

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National housing indicators

Existing home sales (April)

5.19 million units*

Existing home median price (April)

$212,100

Housing Starts (April)

9.26 millions units*

New home sales (April)

5.39 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

4th Qtr 2014

+64.0%

4th Qtr 2013

+65.2%

The homeownership rate in the fourth quarter 2014 was 64.0 percent, down 1.2 (+/- 0.4) percentage points from the fourth quarter 2013 rate of 65.2 percent. The homeownership rates in the Northeast, Midwest and South were lower than the rates in the fourth quarter 2013, while the rate in the West was not statistically different from the rate a year ago.

New home sales

March 2015

-11.4*%

February 2015

+5.6*%

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000. This is 11.4 percent (+/- 18.6%)* below the revised February 2015 estimate of 543,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 150 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

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Representing residential and commercial buyers and sellers in Ventura and LA Counties.

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Consumer tips & hot properties

No, This Is Not a Housing Bubble

Home prices are soaring across the nation, but this isn't 2008 all over again.

Read more

Open Houses Are Kinda Like First Dates: Here’s How to Know If They’re The One

House hunting is as emotional, exhausting, and all-consuming as dating, and it all begins at the open house. Here's how to fall in love like a pro.

Read more

Solar Panels Are Cheaper Than Ever, So Why Aren’t You Getting Them?

Now that you can lease a solar power system for no money down, there's no reason to keep paying conventional prices.

Read more

Relocating to an Unfamiliar Area? Here’s How to Get Your Bearings

If you're moving across country–or even across town–you'll need to do some serious recon.

Read more

A Brief History of Opening Our Homes to Total Strangers (aka the Open House)

How did weekend open houses become a standard in American real estate? Was there ever a time when they didn't exist? Whose idea was it anyway?

Read more

Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.

National Statistics

• Housing Affordability Index
• National Existing Home Sales
• National Sales Price of Existing Homes

Statistics by City or Metropolitan Area

• Single-family Home Prices
• Condo/Co-op Prices

Regional Statistics

• Existing Home Sales
• Sales Price of Existing Homes
• Existing Single Family Home Sales
• Sales Price of Existing Single-Family Homes
• Existing Condo/Co-op Sales
• Sales Price of Existing Condo/Co-op Homes

Source: NATIONAL ASSOCIATION OF REALTORS®.

Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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Conejo Valley Homes For Sale, Malibu Homes For Sale

Our brokerage has several residential home buyers looking in and around the Conejo Valley.  If you or anyone you know is thinking about selling your home, please contact Angela Yglesias via email:  yglesias75@gmail.com and/or cell: 805.490.4944.  A free home estimate and comp analysis of your property is available to you anytime.  We currently have residential home buyer clients looking in Newbury Park, Thousand Oaks, Westlake Village, Agoura Hills, Lake Sherwood, Hidden Valley, Simi Valley, Santa Rosa Valley, Calabasas and Malibu.  Let Angela show them your property today!

http://conejovalleyrealestateservices.blogspot.com/

Reimagine the Formal Living Room

A living room likely isn’t topping many home shoppers’ must-have list these days. In fact, some architects say the formal living room – that upscale room welcoming guests at the front of a home – is becoming extinct.

Call it a casualty of the Great Recession, when home buyers started to get choosier when it came down to the bare essentials to a home. The formal living room started to lose favor to other preferences, like a home office or larger kitchen. After all, why have a room devoted to fancy chairs and sofas that rarely gets used?

As such, some buyers are walking through older homes today, questioning what to do with that formal living room space. Here are some ways to get your buyers to re-imagine those spaces.

The perfect home office?

Traditional Home Office by Huntersville Interior Designers & Decorators Ally Whalen Design

The perfect kids play room?

Farmhouse Kids by Austin Architects & Building Designers Tim Cuppett Architects

Contemporary Living Room by Culver City Architects & Building Designers Natasha Barrault Design

The perfect library?

Modern Living Room by Evanston Building Designers and Drafters Benvenuti and Stein

The perfect hobby room for the craft, sewing or music lovers? Here’s a wine and music room:

Traditional Living Room by Cumming Interior Designers & Decorators Artisan Design Studio

Contemporary Basement by Great Falls Interior Designers & Decorators NF interiors

The perfect dining room?

Traditional Spaces

By Melissa Dittmann Tracey, REALTOR(R) Magazine

Walkability Adds Value in Commercial Market

A new index out this month seeks to measure the walkability of commercial sectors to help better determine value and potential investment opportunities.

Read more: No Parking, No Problem

Last week, Real Capital Analytics, Inc., an international data and analytics firm focused on commercial real estate investment markets, announced a new collaboration with WalkScore, a private company providing a numerical index of community walkability via websites and a mobile app. The companies called the RCA & Walk Score Commercial Property Price Indices (CPPI) "the first of its kind to quantify the price value of walkability for commercial properties."

"Prices for commercial properties in highly walkable locations show significantly greater appreciation trends than car-dependent locations," said RCA Founder Robert White in a release accompanying the announcement. "The findings cut across both urban and suburban locales, large and small markets and each of the office, retail and apartment sectors."

RCA says the first-quarter results for this year will be released next month. The current release analyzes data through December 2014. RCA says the data "supports growing evidence that demographic shifts and preferences have shifted back to urban locations and more dynamic live/work/play environments."

They found that over the past ten years, prices for properties located in central business districts have risen 125 percent, while comparable properties located in car-dependent areas have risen only around 20 percent during the same time period. And properties don't have to be located in purely urban areas to benefit; the index finds that prices for suburban properties that are also considered highly walkable are up 43 percent.

Source: "Walkability Premium Found in Price Trends for Commercial Property According to New Indices Released by RCA," Real Capital Analytics, Inc. (April 15, 2015).