Weekly Housing Inventory update for SFV & Ventura - 12/04/2010

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Weekly Housing Inventory update for SFV & Ventura - 11/21/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1706
Active - Short sale 435
Active - REO 143
Backup - Total 761
Backup - Short sale 477
Backup - REO 43
Pending - Total 1514
Pending - Short sale 848
Pending - REO 248
Distressed active / Total active = 33.9%
Distressed pending / Total Pending = 72.4%

Condo
Active - Total 579
Active - Short sale 247
Active - REO 64
Backup - Total 351
Backup - Short sale 266
Backup - REO 18
Pending - Total 562
Pending - Short sale 323
Pending - REO 121
Distressed active / Total active = 53.7%
Distressed pending / Total Pending = 79.0%

Ventura County:
Single Family Homes
Active - Total 1262
Active - Short sale 167
Active - REO 96
Contingent - Total 942
Contingent - Short sale 604
Contingent - REO 50
Pending - Total 618
Pending - Short sale 178
Pending - REO 132
Distressed active / Total active = 20.8%
Distressed pending / Total Pending = 50.2%
Release from Showing 275

Condo
Active - Total 374
Active - Short sale 81
Active - REO 39
Contingent - Total 454
Contingent - Short sale 349
Contingent - REO 21
Pending - Total 249
Pending - Short sale 85
Pending - REO 77
Distressed active / Total active = 32.1%
Distressed pending / Total Pending = 65.1%
Release from Showing 62

Weekly Housing Inventory update for SFV & Ventura - 11/14/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1752
Active - Short sale 449
Active - REO 157
Backup - Total 758
Backup - Short sale 468
Backup - REO 40
Pending - Total 1486
Pending - Short sale 838
Pending - REO 250
Distressed active / Total active = 34.6%
Distressed pending / Total Pending = 73.2%

Condo
Active - Total 607
Active - Short sale 242
Active - REO 62
Backup - Total 346
Backup - Short sale 264
Backup - REO 16
Pending - Total 567
Pending - Short sale 323
Pending - REO 124
Distressed active / Total active = 50.1%
Distressed pending / Total Pending = 78.8%

Ventura County:
Single Family Homes
Active - Total 1303
Active - Short sale 173
Active - REO 99
Contingent - Total 958
Contingent - Short sale 619
Contingent - REO 60
Pending - Total 618
Pending - Short sale 183
Pending - REO 130
Distressed active / Total active = 20.9%
Distressed pending / Total Pending = 50.6%
Release from Showing 273

Condo
Active - Total 356
Active - Short sale 82
Active - REO 34
Contingent - Total 463
Contingent - Short sale 354
Contingent - REO 21
Pending - Total 259
Pending - Short sale 92
Pending - REO 68
Distressed active / Total active = 32.6%
Distressed pending / Total Pending = 64.5%
Release from Showing 68

Weekly Housing Inventory update for SFV & Ventura - 11/07/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1698
Active - Short sale 435
Active - REO 150
Backup - Total 757
Backup - Short sale 463
Backup - REO 42
Pending - Total 1483
Pending - Short sale 830
Pending - REO 251
Distressed active / Total active = 34.5%
Distressed pending / Total Pending = 72.9%

Condo
Active - Total 599
Active - Short sale 232
Active - REO 77
Backup - Total 350
Backup - Short sale 269
Backup - REO 16
Pending - Total 563
Pending - Short sale 320
Pending - REO 116
Distressed active / Total active = 51.6%
Distressed pending / Total Pending = 77.4%

Ventura County:
Single Family Homes
Active - Total 1313
Active - Short sale 169
Active - REO 95
Contingent - Total 944
Contingent - Short sale 615
Contingent - REO 52
Pending - Total 622
Pending - Short sale 187
Pending - REO 139
Distressed active / Total active = 20.1%
Distressed pending / Total Pending = 52.4%
Release from Showing 263

Condo
Active - Total 360
Active - Short sale 74
Active - REO 33
Contingent - Total 467
Contingent - Short sale 356
Contingent - REO 29
Pending - Total 250
Pending - Short sale 93
Pending - REO 69
Distressed active / Total active = 29.7%
Distressed pending / Total Pending = 64.8%
Release from Showing 67

Weekly Housing Inventory update for SFV & Ventura - 10/31/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1714
Active - Short sale 44536
Active - REO 148
Backup - Total 755
Backup - Short sale 466
Backup - REO 43
Pending - Total 1500
Pending - Short sale 832
Pending - REO 260
Distressed active / Total active = 34.6%
Distressed pending / Total Pending = 72.8%

Condo
Active - Total 580
Active - Short sale 235
Active - REO 64
Backup - Total 353
Backup - Short sale 269
Backup - REO 18
Pending - Total 594
Pending - Short sale 325
Pending - REO 125
Distressed active / Total active = 51.6%
Distressed pending / Total Pending = 75.8%

Ventura County:
Single Family Homes
Active - Total 1317
Active - Short sale 165
Active - REO 91
Contingent - Total 963
Contingent - Short sale 623
Contingent - REO 62
Pending - Total 608
Pending - Short sale 193
Pending - REO 137
Distressed active / Total active = 19.4%
Distressed pending / Total Pending = 54.3%
Release from Showing 265

Condo
Active - Total 378
Active - Short sale 79
Active - REO 39
Contingent - Total 463
Contingent - Short sale 359
Contingent - REO 25
Pending - Total 248
Pending - Short sale 97
Pending - REO 67
Distressed active / Total active = 31.2%
Distressed pending / Total Pending = 66.1%
Release from Showing 68

Ventura County Demand versus Inventory - October 2009

I have been a bit busier the last month or so and this chart was one of the casualties last month. This is the demand vs inventory chart for Ventura County current as of today. I split the chart up into Single Family Homes (SFH) and condos. Note the X-axis on the charts are different as is (unfortunately) the color coding so make sure to check the legend on the chart to orient yourself when you click to enlarge. As you can see inventory is very low on the low end. The huge number of contingents represent a lot of short sales just sitting their not being processed. The mid to upper end of the market clearly needs some adjustment and the low end is doing pretty well because supply is being choked off by various programs.

If there is a big need I can make the combined chart so people can compare todays demand to earlier months but this gives you the general sense of the market as we stand today. If I was a RE professional I would be thinking about what those charts represent.... Slower sales in the coming months due to low supply in the high demand segments.

Weekly Housing Inventory update for SFV & Ventura - 10/24/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1702
Active - Short sale 436
Active - REO 146
Backup - Total 765
Backup - Short sale 474
Backup - REO 35
Pending - Total 1511
Pending - Short sale 819
Pending - REO 268
Distressed active / Total active = 34.2%
Distressed pending / Total Pending = 71.9%

Condo
Active - Total 584
Active - Short sale 238
Active - REO 65
Backup - Total 354
Backup - Short sale 264
Backup - REO 17
Pending - Total 590
Pending - Short sale 334
Pending - REO 126
Distressed active / Total active = 51.9%
Distressed pending / Total Pending = 78.0%

Ventura County:
Single Family Homes
Active - Total 1313
Active - Short sale 156
Active - REO 90
Contingent - Total 981
Contingent - Short sale 637
Contingent - REO 64
Pending - Total 637
Pending - Short sale 197
Pending - REO 150
Distressed active / Total active = 18.7%
Distressed pending / Total Pending = 54.5%
Release from Showing 272

Condo
Active - Total 399
Active - Short sale 94
Active - REO 40
Contingent - Total 458
Contingent - Short sale 350
Contingent - REO 23
Pending - Total 244
Pending - Short sale 93
Pending - REO 77
Distressed active / Total active = 33.6%
Distressed pending / Total Pending = 69.7%
Release from Showing 71

Weekly Housing Inventory update for SFV & Ventura - 10/17/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1701
Active - Short sale 447
Active - REO 143
Backup - Total 768
Backup - Short sale 474
Backup - REO 38
Pending - Total 1464
Pending - Short sale 787
Pending - REO 263
Distressed active / Total active = 34.7%
Distressed pending / Total Pending = 71.7%

Condo
Active - Total 566
Active - Short sale 230
Active - REO 71
Backup - Total 364
Backup - Short sale 261
Backup - REO 17
Pending - Total 595
Pending - Short sale 327
Pending - REO 132
Distressed active / Total active = 53.2%
Distressed pending / Total Pending = 77.1%

Ventura County:
Single Family Homes
Active - Total 1336
Active - Short sale 165
Active - REO 85
Contingent - Total 965
Contingent - Short sale 631
Contingent - REO 66
Pending - Total 660
Pending - Short sale 200
Pending - REO 161
Distressed active / Total active = 18.7%
Distressed pending / Total Pending = 54.7%
Release from Showing 274

Condo
Active - Total 388
Active - Short sale 90
Active - REO 36
Contingent - Total 451
Contingent - Short sale 348
Contingent - REO 25
Pending - Total 256
Pending - Short sale 96
Pending - REO 76
Distressed active / Total active = 32.5%
Distressed pending / Total Pending = 67.2%
Release from Showing 71

Weekly Housing Inventory update for SFV & Ventura - 10/10/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1728
Active - Short sale 4660
Active - REO 149
Backup - Total 760
Backup - Short sale 467
Backup - REO 38
Pending - Total 1455
Pending - Short sale 773
Pending - REO 272
Distressed active / Total active = 35.2%
Distressed pending / Total Pending = 71.8%

Condo
Active - Total 600
Active - Short sale 251
Active - REO 61
Backup - Total 341
Backup - Short sale 247
Backup - REO 17
Pending - Total 578
Pending - Short sale 315
Pending - REO 136
Distressed active / Total active = 52.0%
Distressed pending / Total Pending = 78.0%

Ventura County:
Single Family Homes
Active - Total 1356
Active - Short sale 162
Active - REO 94
Contingent - Total 973
Contingent - Short sale 632
Contingent - REO 64
Pending - Total 657
Pending - Short sale 196
Pending - REO 167
Distressed active / Total active = 18.9%
Distressed pending / Total Pending = 55.3%
Release from Showing 281

Condo
Active - Total 388
Active - Short sale 91
Active - REO 38
Contingent - Total 456
Contingent - Short sale 347
Contingent - REO 26
Pending - Total 255
Pending - Short sale 94
Pending - REO 69
Distressed active / Total active = 33.2%
Distressed pending / Total Pending = 63.9%
Release from Showing 65

Weekly Housing Inventory update for SFV & Ventura - 10/03/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1750
Active - Short sale 466
Active - REO 150
Backup - Total 750
Backup - Short sale 466
Backup - REO 38
Pending - Total 1548
Pending - Short sale 779
Pending - REO 284
Distressed active / Total active = 35.2%
Distressed pending / Total Pending = 68.7%

Condo
Active - Total 601
Active - Short sale 253
Active - REO 64
Backup - Total 336
Backup - Short sale 245
Backup - REO 16
Pending - Total 579
Pending - Short sale 313
Pending - REO 146
Distressed active / Total active = 52.7%
Distressed pending / Total Pending = 79.3%

Ventura County:
Single Family Homes
Active - Total 1345
Active - Short sale 167
Active - REO 100
Contingent - Total 983
Contingent - Short sale 625
Contingent - REO 63
Pending - Total 683
Pending - Short sale 209
Pending - REO 171
Distressed active / Total active = 19.9%
Distressed pending / Total Pending = 55.6%
Release from Showing 281

Condo
Active - Total 379
Active - Short sale 82
Active - REO 31
Contingent - Total 458
Contingent - Short sale 346
Contingent - REO 27
Pending - Total 248
Pending - Short sale 92
Pending - REO 70
Distressed active / Total active = 29.8%
Distressed pending / Total Pending = 65.3%
Release from Showing 67

Weekly Housing Inventory update for SFV & Ventura - 09/26/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1757
Active - Short sale 477
Active - REO 143
Backup - Total 742
Backup - Short sale 454
Backup - REO 36
Pending - Total 1523
Pending - Short sale 780
Pending - REO 311
Distressed active / Total active = 35.3%
Distressed pending / Total Pending = 71.6%

Condo
Active - Total 608
Active - Short sale 268
Active - REO 57
Backup - Total 326
Backup - Short sale 236
Backup - REO 15
Pending - Total 576
Pending - Short sale 307
Pending - REO 148
Distressed active / Total active = 53.5%
Distressed pending / Total Pending = 79.0%

Ventura County:
Single Family Homes
Active - Total 1353
Active - Short sale 174
Active - REO 101
Contingent - Total 985
Contingent - Short sale 629
Contingent - REO 57
Pending - Total 707
Pending - Short sale 206
Pending - REO 179
Distressed active / Total active = 20.3%
Distressed pending / Total Pending = 54.5%
Release from Showing 295

Condo
Active - Total 373
Active - Short sale 83
Active - REO 30
Contingent - Total 454
Contingent - Short sale 341
Contingent - REO 28
Pending - Total 257
Pending - Short sale 91
Pending - REO 73
Distressed active / Total active = 30.3%
Distressed pending / Total Pending = 63.8%
Release from Showing 72

Weekly Housing Inventory update for SFV & Ventura - 09/19/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1792
Active - Short sale 488
Active - REO 141
Backup - Total 739
Backup - Short sale 440
Backup - REO 49
Pending - Total 1550
Pending - Short sale 781
Pending - REO 332
Distressed active / Total active = 35.1%
Distressed pending / Total Pending = 71.8%

Condo
Active - Total 634
Active - Short sale 295
Active - REO 54
Backup - Total 308
Backup - Short sale 216
Backup - REO 18
Pending - Total 549
Pending - Short sale 295
Pending - REO 137
Distressed active / Total active = 55.0%
Distressed pending / Total Pending = 78.7%

Ventura County:
Single Family Homes
Active - Total 1346
Active - Short sale 170
Active - REO 83
Contingent - Total 1001
Contingent - Short sale 635
Contingent - REO 60
Pending - Total 693
Pending - Short sale 200
Pending - REO 182
Distressed active / Total active = 18.8%
Distressed pending / Total Pending = 55.1%
Release from Showing 284

Condo
Active - Total 391
Active - Short sale 88
Active - REO 22
Contingent - Total 448
Contingent - Short sale 338
Contingent - REO 28
Pending - Total 269
Pending - Short sale 89
Pending - REO 80
Distressed active / Total active = 28.1%
Distressed pending / Total Pending = 62.8%
Release from Showing 72

Weekly Housing Inventory update for SFV & Ventura - 09/12/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1829
Active - Short sale 504
Active - REO 142
Backup - Total 744
Backup - Short sale 437
Backup - REO 37
Pending - Total 1588
Pending - Short sale 780
Pending - REO 353
Distressed active / Total active = 35.3%
Distressed pending / Total Pending = 71.3%

Condo
Active - Total 664
Active - Short sale 309
Active - REO 52
Backup - Total 298
Backup - Short sale 214
Backup - REO 17
Pending - Total 545
Pending - Short sale 289
Pending - REO 133
Distressed active / Total active = 54.4%
Distressed pending / Total Pending = 77.4%

Ventura County:
Single Family Homes
Active - Total 1394
Active - Short sale 175
Active - REO 94
Contingent - Total 985
Contingent - Short sale 641
Contingent - REO 64
Pending - Total 689
Pending - Short sale 205
Pending - REO 175
Distressed active / Total active = 19.3%
Distressed pending / Total Pending = 55.2%
Release from Showing 283

Condo
Active - Total 417
Active - Short sale 92
Active - REO 35
Contingent - Total 438
Contingent - Short sale 337
Contingent - REO 26
Pending - Total 259
Pending - Short sale 85
Pending - REO 78
Distressed active / Total active = 30.5%
Distressed pending / Total Pending = 62.9%
Release from Showing 69

Weekly Housing Inventory update for SFV & Ventura - 09/05/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1841
Active - Short sale 521
Active - REO 137
Backup - Total 739
Backup - Short sale 432
Backup - REO 41
Pending - Total 1552
Pending - Short sale 777
Pending - REO 332
Distressed active / Total active = 35.7%
Distressed pending / Total Pending = 71.5%

Condo
Active - Total 656
Active - Short sale 300
Active - REO 67
Backup - Total 280
Backup - Short sale 217
Backup - REO 13
Pending - Total 538
Pending - Short sale 280
Pending - REO 124
Distressed active / Total active = 55.9%
Distressed pending / Total Pending = 75.1%

Ventura County:
Single Family Homes
Active - Total 1422
Active - Short sale 179
Active - REO 102
Contingent - Total 975
Contingent - Short sale 647
Contingent - REO 57
Pending - Total 665
Pending - Short sale 201
Pending - REO 171
Distressed active / Total active = 19.8%
Distressed pending / Total Pending = 55.9%
Release from Showing 278

Condo
Active - Total 419
Active - Short sale 99
Active - REO 37
Contingent - Total 426
Contingent - Short sale 328
Contingent - REO 25
Pending - Total 270
Pending - Short sale 89
Pending - REO 81
Distressed active / Total active = 32.5%
Distressed pending / Total Pending = 63.0%
Release from Showing 73

Weekly Housing Inventory update for SFV & Ventura - 08/29/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1906
Active - Short sale 535
Active - REO 145
Backup - Total 718
Backup - Short sale 426
Backup - REO 38
Pending - Total 1569
Pending - Short sale 783
Pending - REO 345
Distressed active / Total active = 35.7%
Distressed pending / Total Pending = 71.9%

Condo
Active - Total 629
Active - Short sale 313
Active - REO 60
Backup - Total 270
Backup - Short sale 209
Backup - REO 13
Pending - Total 537
Pending - Short sale 285
Pending - REO 127
Distressed active / Total active = 59.3%
Distressed pending / Total Pending = 76.7%

Ventura County:
Single Family Homes
Active - Total 1456
Active - Short sale 193
Active - REO 108
Contingent - Total 959
Contingent - Short sale 635
Contingent - REO 50
Pending - Total 670
Pending - Short sale 198
Pending - REO 183
Distressed active / Total active = 20.7%
Distressed pending / Total Pending = 56.9%
Release from Showing 288

Condo
Active - Total 430
Active - Short sale 104
Active - REO 33
Contingent - Total 424
Contingent - Short sale 319
Contingent - REO 24
Pending - Total 275
Pending - Short sale 91
Pending - REO 85
Distressed active / Total active = 31.9%
Distressed pending / Total Pending = 64.0%
Release from Showing 76

Ventura County Demand versus Inventory - August 2009

This is August 2009 Demand versus Inventory chart for Ventura County. Demand continues to be concentrated on the lower end "affordable" areas with inventory in those areas being drawn down. Inventory is being built up in many segments of the $500,000+ market. This is a supply constrained market and while inventory is being cleared on the low end the higher end discretionary sellers are still waiting to find a buyer. I think the headlines of median prices rising because fewer low end homes selling because of the inventory shortage will embolden the higher end sellers to keep to their price and just ensure they will not sell. It does not look good for higher sales moving forward unless some more inventory comes online.

Weekly Housing Inventory update for SFV & Ventura - 08/22/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1930
Active - Short sale 563
Active - REO 135
Backup - Total 734
Backup - Short sale 433
Backup - REO 46
Pending - Total 1569
Pending - Short sale 780
Pending - REO 358
Distressed active / Total active = 36.2%
Distressed pending / Total Pending = 72.5%

Condo
Active - Total 640
Active - Short sale 323
Active - REO 58
Backup - Total 265
Backup - Short sale 206
Backup - REO 12
Pending - Total 538
Pending - Short sale 285
Pending - REO 136
Distressed active / Total active = 59.5%
Distressed pending / Total Pending = 78.3%

Ventura County:
Single Family Homes
Active - Total 1469
Active - Short sale 201
Active - REO 102
Contingent - Total 976
Contingent - Short sale 631
Contingent - REO 59
Pending - Total 638
Pending - Short sale 193
Pending - REO 174
Distressed active / Total active = 20.6%
Distressed pending / Total Pending = 57.5%
Release from Showing 288

Condo
Active - Total 434
Active - Short sale 102
Active - REO 30
Contingent - Total 421
Contingent - Short sale 307
Contingent - REO 28
Pending - Total 266
Pending - Short sale 89
Pending - REO 85
Distressed active / Total active = 30.4%
Distressed pending / Total Pending = 65.4%
Release from Showing 69

Supply Constrained

Just a couple of graphics from the CAR which show that California is currently a supply constrained market:

Weekly Housing Inventory update for SFV & Ventura - 08/15/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1949
Active - Short sale 557
Active - REO 141
Backup - Total 709
Backup - Short sale 430
Backup - REO 47
Pending - Total 1575
Pending - Short sale 765
Pending - REO 362
Distressed active / Total active = 35.8%
Distressed pending / Total Pending = 71.6%

Condo
Active - Total 642
Active - Short sale 332
Active - REO 58
Backup - Total 253
Backup - Short sale 195
Backup - REO 13
Pending - Total 542
Pending - Short sale 285
Pending - REO 135
Distressed active / Total active = 60.7%
Distressed pending / Total Pending = 77.5%

Ventura County:
Single Family Homes
Active - Total 1459
Active - Short sale 182
Active - REO 98
Contingent - Total 973
Contingent - Short sale 646
Contingent - REO 50
Pending - Total 650
Pending - Short sale 198
Pending - REO 185
Distressed active / Total active = 19.2%
Distressed pending / Total Pending = 58.9%
Release from Showing 284

Condo
Active - Total 442
Active - Short sale 102
Active - REO 31
Contingent - Total 414
Contingent - Short sale 307
Contingent - REO 30
Pending - Total 275
Pending - Short sale 88
Pending - REO 90
Distressed active / Total active = 30.1%
Distressed pending / Total Pending = 64.7%
Release from Showing 68

Weekly Housing Inventory update for SFV & Ventura - 08/08/09

Here are the weekly inventory and pending counts for Ventura County and the San Fernando Valley. For the legend Single Family Homes is abbreviated SFH, Ventura County is abbreviated VC and San Fernando Valley is abbreviated SFV. For readers who might not know, REO are bank owned foreclosures and short sales are owners hoping to sell the home for less than what is owed on the mortgage balance.

Update: Please see the home page for the latest graphs, I am reverting earlier weeks to text to maintain site speed.

San Fernando Valley:
Single Family Homes
Active - Total 1969
Active - Short sale 563
Active - REO 148
Backup - Total 703
Backup - Short sale 427
Backup - REO 39
Pending - Total 1565
Pending - Short sale 751
Pending - REO 382
Distressed active / Total active = 36.1%
Distressed pending / Total Pending = 72.4%

Condo
Active - Total 641
Active - Short sale 329
Active - REO 52
Backup - Total 248
Backup - Short sale 192
Backup - REO 13
Pending - Total 547
Pending - Short sale 286
Pending - REO 137
Distressed active / Total active = 59.4%
Distressed pending / Total Pending = 77.3%

Ventura County:
Single Family Homes
Active - Total 1455
Active - Short sale 179
Active - REO 96
Contingent - Total 1017
Contingent - Short sale 665
Contingent - REO 51
Pending - Total 654
Pending - Short sale 184
Pending - REO 204
Distressed active / Total active = 18.9%
Distressed pending / Total Pending = 59.3%
Release from Showing 246

Condo
Active - Total 455
Active - Short sale 104
Active - REO 34
Contingent - Total 406
Contingent - Short sale 295
Contingent - REO 28
Pending - Total 259
Pending - Short sale 88
Pending - REO 87
Distressed active / Total active = 30.3%
Distressed pending / Total Pending = 67.6%
Release from Showing 62