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You Are Here:   Home » Real Estate Articles » Ventura County Real Estate Market Trends » Changes in Camarillo Real Estate Since 2005

Changes in Camarillo Real Estate Since 2005

Written on September 6, 2011 by Mana Tulberg in Ventura County Real Estate Market Trends
Home_Value

Since 2005, the real estate market for single family homes in Camarillo has demonstrated a significant decrease in home prices.  The 2007 crash in the housing bubble was felt significantly in Camarillo.

In 2010 single family homes’ median prices in Camarillo showed a promising recovery, however the numbers to-date for this year indicate flat to slightly lower home prices.

 

Year # Of Homes Sold Median Home Prices
2011 438 $430,500
2010 464 $438,000
2009 423 $430,000
2008 384 $490,000
2007 457 $600,000
2006 614 $665,900
2005 840 $625,000
Source: Ventura County MLS

 

While it is difficult to predict where home prices in Camarillo are headed, a prospective buyer should also consider the historically low interest rates available to home buyers.  It is not just home price, but the combination of Home Price and Interest Rates and of course your current financial conditions that will guide your viewpoint on whether now is a great time to purchase a home in Camarillo.


Related Articles:

  • Newbury Park Real Estate Market Report: August 2010Newbury Park Real Estate Market Report: August 2010
  • Newbury Park Real Estate Market Report: September 2010Newbury Park Real Estate Market Report: September 2010
  • Newbury Park Real Estate Market Report: November 2010Newbury Park Real Estate Market Report: November 2010
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