Pango Group

Moorpark, CA

Single-Family Homes

www.pangogroup.com



Moorpark, CA

Sat Jul 20 2024
This week the median list price for Moorpark, CA is $1,349,900 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has held steady at or around 31. Click here to stay informed with the Moorpark market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Moorpark, CA

Sat Jul 20 2024
This week the median list price for Moorpark, CA is $1,349,900 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has held steady at or around 31. Click here to stay informed with the Moorpark market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Moorpark market.
Median List Price $1,349,900
Median Price of New Listings $1,250,000
Per Square Foot $463
Average Days on Market 82
Median Days on Market 21
Price Decreased 23%
Price Increased 3%
Relisted 0%
Inventory 31
Median Rent
Market Action 58
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,850,000 5,350 N/A 6 4 33 0 0 294
$1,637,500 4,003 8,000 - 10,000 sqft 5 5 23 1 4 14
$1,099,995 2,719 6,500 - 8,000 sqft 4 3 36 1 5 21
$919,449 1,521 4,500 - 6,500 sqft 3 2 39 1 2 17