The Real Estate Market in Moorpark, CA
The Real Estate Market in Moorpark, CA
Moorpark, an ideally located city in California which consists of several different neighborhoods. Moorpark is known for having affordable condo/townhomes and well as wonderful, single-family homes. Some of the most popular neighborhoods here are Mountain Meadows, Peach Hill. and the Moorpark Highlands. If you are considering buying or renting a home in these popular neighborhoods then you could not be making a wiser choice. Let’s look at the following market data about the Moorpark, CA area.
In November 2020, the median list price for all home types in Moorpark, CA was $769K, trending up 9.9% year-over-year. The median listing price per square foot was $339. For single family homes, the sale-to-list price was 100%. The average single family home was on the market for a total of 54 days. For condos in Moorpark, CA the trend for median days on market in Moorpark, CA has gone down since last month, and slightly down since last year. And for townhouses the sale-to-list price was 100% as well meaning for all home types, Moorpark is currently experiencing a seller’s market. Even though it is a seller’s market currently it could benefit buyers to purchase a home at this time due to the historically low interest rates. If you have a seasoned agent on your side, you’ll probably have a better chance of getting the home you want. Plus, in most cases, buyers don’t pay real estate agents; sellers do. Additionally, low interest rates favor buyers and it appears as though they will for the foreseeable future.
Real Estate Market in Moorpark & Schools in Moorpark, CA
One of the things that make life in Moorpark so favorable is the highly rated schools that surround it. Several of these schools are rated a 7.0 or above by the organization Good Schools. This makes conditions ideal for families that wish to live here.
Moorpark represents one of the finest living experiences in California. It is ideal for families seeking a community that is relatively low in crime and that gives their children access to a quality education. Moreover, in either direction of this community you will find everything from grocery stores and boutiques, to movie theaters, bars, and restaurants. As a top Moorpark realtor, our team can help you seek out and close on a quality home in a pleasant, tree-lined neighborhood in many of the opportunities available in Moorpark.
