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March 2018 Real Estate Market Update

March 22, 2018 by Derrick Timmons

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Real Estate professionals have gotten back to work in the month of February.  It is looking like a “typical” year cycle with more homes for sale as summer draws closer.   Some people would like to base their decision on the market, while others need to make a move because it is the right decision for their family.  Still others simply want to stay updated on the market.  Whatever category you may be in, Real Estate is exciting and has interesting data to observe and may help you guide your real estate decisions.  Is it a good time to buy?  Good time to sell? Do nothing?  Hopefully the graphs attached below can help you make your decision.  Please reach out to me if you have any questions.

 

Ventura County March Update

 

Camarillo

As you can see from the above graph, Camarillo and Ventura County is still in a clear seller’s market.  There was a rise in the number of single family homes on the market in February but only a few homes sold in the last couple of months. What does this mean?

  1. When you are making an offer on a home its important to recognize what the market is telling you to plan your purchase price accordingly in order to get accepted.
  2. Since there are a low number of homes available, this may be a good time for you to sell to receive a very good price for your home.

Please reach out if you have any questions,

Derrick

 

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Derrick Timmons

realtortimmons@gmail.com
805-807-3987
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Our Mission Statement

“Personal Service, Professional Results”

Personal Service

In Real Estate there are deals and there are people behind the deals.  We focus on creating a smooth Real Estate experience for you by doing our best to understand what you need from us to make buying or selling a home successful.  We do our best by asking questions and listening to you carefully then genuinely serving your needs. 

Professional Results

We also, however, strive to get you the results you want by being tough in negotiating the best deal for you and being organized and communicative during this complex transaction to make sure every part of the process is taken care of properly.  To help you accomplish your goals, Derrick applies his successful competitive experiences in sports and education to exceed performance expectations and get you the results you want.

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