Below, is the illustration of the Camarillo Real Estate Market Absorption Trend for the month of September, 2012. This illustration shows that the average list to sales price was consistently in the 97% range from 2010 to present and in September we see the average list price to sales price is 99.29%, this is because on the lower price range, there is no room for negotiating the price down because of the tight Camarillo housing inventory.The average sales price has shown some depreciation, however, these figures are based on averages and sometimes the averages skew the overall picture. The median price tells us the halfway point of home sales, half the Camarillo homes sold for less than the median price and half sold for more. The lower price range homes are appreciating because of th...
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