Saturday, July 24, 2004

 

Friday SVMAR Caravan Results

The activity for the Friday SVMAR Caravan is as follows:

11 - 5 Bedroom Homes
30 - 4 Bedroom Homes
18 - 3 Bedroom Homes
9 - 2 Bedrooms Homes

9 of the homes above were Condominiums, 1 BOM, 2 Sold, a few were re-caravans.  Before the meeting began we had 8 price reductions and one listing offering a 4% commission to the agent representing the buyer.

We set a new level this Friday with active available homes for sale in the Simi Moorpark area busting past the 800 mark.  Another factor that has put this buyer's market in prospective is that the number of listings that are vacant is now equal to the total inventory levels we had in April with 124 of the listings vacant.



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