The 220 condominiums that sold throughout Ventura County saw a 4.9 increase to a median of $447,000 in June, compared year-over-year. The median price is the point that half sold for more and half for less.Neighboring Fillmore had June gloom when it came to median pricing, with a 10.1 percent decrease year-over-year to a median of $495,000 for the 11 dwellings sold. The price per square foot was $418.The biggest year-over-year increase in the median price of single-family homes was in Oxnard ZIP Code 93035, where the 27.3 percent increase for 26 dwellings sold brought the median purchase price to $840,000.The softening real estate market was evident throughout Ventura County, with median price figures for single-family homes sold in June 2006 compared to June 2005 going negative in Bell Canyon (-9.6 percent), Camarillo ZIP Code 93012 (-6.2 percent), Oak Park (-10.2 percent), Ojai (-4.3 percent) and Somis (-16.4 percent). All of the City of Ventura - ZIP Codes 93001, 93003 and 93004 - saw median price decreases year-over-year for single-family dwellings, ranging from -2.3 percent to -3.4 percent.Several areas even saw condominium median prices sag, including Newbury Park (-4.3 percent), Oxnard ZIP Code 93033 (-1.6 percent), Port Hueneme (-4.9 percent), Simi Valley ZIP Code 93065 (-10.6 percent), Thousand Oaks ZIP Code 91360 (-0.7), and Ventura ZIP Code 93004 (-7.8 percent). One condo that sold in Ojai for $860,000 swelled the year-over-year median price by 136.9 percent, and other areas saw healthier median price gains in condominium sales than single-family dwellings.
June Santa Paula real estate holds steady year-over-year
August 18, 2006
Santa Paula News
June’s Santa Paula real estate market held steady when compared to last year, with the median sales price of single-family homes showing an increase - a number dwarfed by the bump in condominium prices.
By Peggy KellySanta Paula TimesJune’s Santa Paula real estate market held steady when compared to last year, with the median sales price of single-family homes showing an increase - a number dwarfed by the bump in condominium prices. According to Data-Quick Information Systems of La Jolla, Santa Paula’s single-family home median price increase outpaced the sluggish average growth throughout Ventura County.In June, 19 single-family homes sold in Santa Paula at a median price of $568,000, a year-over-year increase of 10.7 percent. The cost per square foot price - not counting attached garages - was $505.Condominium sales saw a median price increase of 25.3 percent in June, compared to the previous reporting period. The four Santa Paula area condominiums that sold in June had a median price of $309,000.Throughout Ventura County, the average median price for June single-family home sales - 753 dwellings - was $664,000, a scant 5.4 percent increase year-over-year. Price per square foot for single-family county homes averaged $401.