Moorpark Real Estate Projections

moorpark real estate projections

Moorpark Real Estate Projections

Moorpark Real Estate Projections

Moorpark is located only 50 miles from Los Angeles and 25 miles from some of the most stunning beaches in Southern California. The vibrant community embraces a small town feel while still being considered one of the fastest growing cities in Ventura County, and the real estate market is proof.

The 60+ listings that are currently on the market include apartments, townhomes, condominiums, and plenty of single family homes that fall within a large scale of listing prices. Looking back at 2020, the median sale price of homes sold was $784,500. Currently, many homeowners are preparing their homes for the market. March, April, and May generally see the most houses being listed. These options peak in April when the highest number of homes are on the market.

Low interest rates are encouraging people to buy and buy quickly. Many homes have been receiving multiple offers within days of being listed, keeping the competitive nature of Moorpark real estate high. However, the average home is on the market for 43 days. Looking at the last 3 years, there has been a 68% increase in homes that have sold above asking price, which is projected to steadily climb in the future. While for sellers this is excellent news, for buyers it means that placing a bid on a home needs to be done as soon as possible.

The Moorpark real estate projections and competitive real estate market not only has to do with the wonderful community, but also to do with the education for students. Moorpark has excellent primary schools such as Walnut Canyon Elementary for K-5 and Mesa Verde Middle School for 6-8. Moorpark High School provides students with education opportunities that include getting ahead in college credit at Moorpark Community College. All schools in the district have been working on providing the best learning experience for students during the COVID-19 Crisis.

Having the right agent alongside you is crucial for navigating this competitive market.Our team has the experience and knowledge that allows us to correctly navigate the Moorpark real estate market finding you the house that you want to call home.

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