Simi Valley Average Price – July ’08

This is a comparison of average prices for the area of Simi Valley, CA, between 2007 and 2008.

Simi Valley
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $489,940 $470,944 -3.88% 70
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $620,637 $604,310 -2.63% 78
Diff. ’08/’07 % List Price Sold Price   DOM
  -21.05% -22.07%   -10.26%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

Westlake Village Average Price – July ’08

This is a comparison of average prices for the area of Westlake Village, CA, between 2007 and 2008.

Westlake Village
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $1,368,364 $1,304,800 -4.65% 116
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $1,320,579 $1,266,887 -4.07% 73
Diff. ’08/’07 % List Price Sold Price   DOM
  3.62% 2.99%   58.90%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

Thousand Oaks (West) Average Price – July ’08

This is a comparison of average prices for the area of Thousand Oaks (West), CA, between 2007 and 2008.

Thousand Oaks (West)
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $649,122 $614,212 -5.38% 84
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $735,972 $716,158 -2.69% 76
Diff. ’08/’07 % List Price Sold Price   DOM
  -11.80% -14.24%   10.53%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

Thousand Oaks (East) Average Price – July ’08

This is a comparison of average prices for the area of Thousand Oaks (East), CA, between 2007 and 2008.

Thousand Oaks (East)
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $699,160 $672,734 -3.78% 71
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $845,780 $817,032 -3.40% 78
Diff. ’08/’07 % List Price Sold Price   DOM
  -17.34% -17.66%   -9.86%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

Newbury Park Average Price – July ’08

This is a comparison of average prices for the area of Newbury Park, CA, between 2007 and 2008.

Newbury Park
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $638,362 $609,671 -4.49% 67
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $741,005 $724,122 -2.28% 85
Diff. ’08/’07 % List Price Sold Price   DOM
  -13.85% -15.81%   -21.17%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

Agoura Hills Average Price – July ’08

This is a comparison of average prices for the area of Agoura Hills, CA, between 2007 and 2008.

Agoura Hills
July 2008 List Price Sold Price Diff. LP/Sp % DOM
  $676,916 $637,050 -5.89% 99
July 2007 List Price Sold Price Diff. LP/Sp % DOM
  $1,006,107 $967,856 -3.80% 73
Diff. ’08/’07 % List Price Sold Price   DOM
  -32.71% -34.18%   35.62%

All information is gathered from the Ventura County MLS and is deemed reliable but not always accurate.

645 Paige Lane, Thousand Oaks, CA

Just sold this lowest priced horse property in Thousand Oaks, with 3 Corrals and Tack House, 2 Car Garage, 3 Bedrooms, 2 Bathrooms, BBQ Pit and Mature Palms in front with a curved drive way.

The Rent vs. Buy Decision


The decision to rent vs. buy is a very personal one. There are many sound reasons to purchase a home: equity build-up, tax savings, capital gain when you sell, and the enjoyment of ownership. The purchase of a home requires a cash investment and taking on debt. Naturally you must have saved enough cash, be able to make future payments, and also have enough time and resources to maintain your home.

The cash investment is applied toward your down payment, closing costs, and prepaid items. Some of these items are not easily recouped if you should sell the home you buy in the short term. Buyers need to consider how long they will own the property before selling. If you intend to occupy the property for a short period of time, then the financial benefits of owning the property are diluted.

In financially analyzing the rent vs. buy decision, you should compare your current rent, future increases, and the renters insurance that you are now paying to the monthly house payment, future appreciation, maintenance and capital gain when you sell. The house payment normally includes your principal repayment of the mortgage, the interest owed on the mortgage, the property taxes, and property insurance. (This is called your PITI, which stands for principal, interest, taxes and insurance.) Although there is no guarantee, with time, your property should appreciate or increase in value.

The rent you pay a landlord is never recouped and none of the rent is tax deductible. When you buy a home, the yearly property taxes, interest, and some of the closing costs are tax deductible.

7 Steps to Preparing for an Open House

1. Hire a cleaning service. A spotlessly clean home is essential; dirt will turn off a prospect faster than anything.

2. Mow your lawn, and be sure toys and yard equipment are put away.

3. Serve cookies, coffee, and soft drinks. It creates a welcoming touch. But be sure the kitchen has been cleaned up; use disposable cups so the sink doesn’t fill up.

4. Lock up your valuables, jewelry, and money. Although the real estate salesperson will be on site during the open house, it’s impossible to watch everyone all the time.

5. Turn on all the lights. Even in the daytime, incandescent lights add sparkle.

6. Send your pets to a neighbor or take them outside. If that’s not possible, crate them or confine them to one room (a basement or bath), and let the salesperson know where to find them.

7. Leave. It’s awkward for prospective buyers to look in your closets and express their opinions of your home with you there.

5 Ways to Speed Up Your Sale

1. Price it right. Set a price at the lower end of your property’s realistic price range.

2. Get your house market-ready for at least two weeks before you begin showing it.

3. Be flexible about showings. It’s often disruptive to have a house ready to show on the spur of the moment, but the more often someone can see your home, the sooner you’ll find a seller.

4. Be ready for the offers. Decide in advance what price and terms you’ll find acceptable.

5. Don’t refuse to drop the price. If your home has been on the market for more than 30 days without an offer, be prepared to lower you asking price.