Is Moorpark, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Moorpark has remained a Seller's Market.
Housing Prices in Moorpark, CA
How much do homes in Moorpark, CA cost?
Median Sold Price
$863,333
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Moorpark was $863,333 in May 2024, up 1.5% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $2.6M | N/A |
2 Bedrooms | $554K | $629K | +13.5% |
3 Bedrooms | $743.1K | $760K | +2.3% |
4 Bedrooms | $990K | $1.0M | +2.0% |
5+ Bedrooms | $1.2M | $1.3M | +10.3% |
Summary: Moorpark housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Las Posas | $1.6M | $2.1M | +27.5% |
Simi Valley | $780K | $805.5K | +3.3% |
Moorpark | $850.8K | $863.3K | +1.5% |
Housing Supply in Moorpark, CA
How many homes are available in Moorpark, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 83 | -2.4% |
Summary: The Moorpark real estate market had 83 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 11 | -15.4% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 27 | 31 | +14.8% |
5+ Bedrooms | 20 | 18 | -10.0% |
Summary: The Moorpark housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 27 | -22.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Moorpark in May 2024, down by 22.9% month-over-month. Of the 27 sold homes, 26% were sold under asking, 15% were sold at asking, and 59% were sold over asking.
Days on Market for Moorpark, CA
How long does it take to sell a home in Moorpark, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 19 Days | -54.5% |
Summary: Homes in Moorpark had an average of 19 days on market in May 2024, down by 54.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Moorpark; 78% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.