FEBRUARY 2007 MARKET REPORT

FEBRUARY 2007 MARKET REPORT

February sales of Conejo Valley single-family homes totaled 93. This compares to 102 sold in January and 109 a year ago, according to Allen Reznick President, Conejo Valley Association of REALTORS.

Median sales price for single-family homes in February 2007 was $809,375; in 2006 it was $814,394. The median price is the point where half of the units sold for more and half for less.

Median prices for single-family homes in February were as follows: $500,000 for 2 two bedroom homes, 690,475 for 29 three-bedroom homes; and $867,424 for 62 four or more bedroom homes. This compares to sales in February 2006 of $625,000 for 3 homes up to two bedrooms; $684,792 for 38 three-bedroom homes; and $928,571 for 68 four or more bedroom homes.

Condominium sales totaled 36 in February compared to 51 in January 2007 and 44 for February 2006

Total Sales for all real estate transactions in February were $122,942,304 for February 2006 the total was $130,361,675.

New residential listings totaled 129 in February 2007 compared to 211 in February 2006 and 180 in January 2007.