Interesting statistics to note from the data illustrated below for the Oxnard Real Estate Market for the month of February 2012
The first shocking item is the lack of inventory of available homes for sale, should this trend continue it will not keep up with demand and demand will push prices higher.
60% of the Active Listings are distressed properties (either Short Sales or Bank Owned)
84.76% of the Under Contract Listings are distressed properties
70% of the Sold Listings are distressed properties.
Days on Market for Active Listings is 129.
Days on Market for Listings under Contract is 161.
Days on Market for Sold Listings is 98. Map of Recent Oxnard sold Homes