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Winter 2012 Market Update
The Conejo Valley inventory of homes has increased significantly. This desirable community is still selling strong. The housing market is moving for those sellers that are pricing their homes in line with the most recent sale prices of similar style and area. Interest rates are very low.
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| Average Home Price | $550,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 30-60 days |
| Prices As % of Asking Price | 90-95% |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Move-up Buyers |
| Reason to Buy/Sell | New Industries |
| Nearest Metro Area | Los Angeles, CA |
| Housing Hot Spots | Conejo Valley |
| Average Sold Price | $550,000 - View Graph Trend |
Hidden Hills Local News
Local Summary: Unlike many markets across the country, the supply of available inventory is good. Prices are increasing with listings averaging 30-60 days on the market. Sellers are receiving multiple offers at 90-95% of asking price. The market is heating up--particularly due to move-up buyers.
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
The Zabner Group
818-707-2006
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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
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Request More Information Let me answer your questions! Ask Me!
The Zabner Group
Rodeo Realty
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 818-707-2006
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