Is Moorpark, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moorpark is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Moorpark has remained a Seller's Market.

Key Takeaway

Moorpark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moorpark, CA

How much do homes in Moorpark, CA cost?

Median Sold Price

$853,333

$453/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$3,866(-0.5%)

Key Takeaway

The sold price of homes in Moorpark has remained the same since last year.

Summary: The median home sold price in Moorpark was $853,333 in April 2024, down 0.5% from last year, and the median price per square foot was $453.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$2.6M
N/A
2 $570K$621.2K
+9.0%
3 $748.5K$760K
+1.5%
4 $980K$1.0M
+2.1%
5+ $1.3M$1.3M
+2.3%

Summary: Moorpark housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Simi Valley
+4.1%
Moorpark
-0.5%

Housing Supply in Moorpark, CA

How many homes are available in Moorpark, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8084+5.0%

Summary: The Moorpark real estate market had 84 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1511
-26.7%
3 2224
+9.1%
4 2628
+7.7%
5+ 1621
+31.3%

Summary: The Moorpark housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 31.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2434+41.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moorpark, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Moorpark in April 2024, up by 41.7% month-over-month. Of the 34 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% 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

Apr 2023Apr 2024CHANGE
56 Days30 Days-45.7%

Summary: Homes in Moorpark had an average of 30 days on market in Apr 2024, down by 45.7% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moorpark are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 34 homes were sold in Moorpark; 62% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Moorpark, CA

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