March Home Sales

March sales of Conejo Valley single-family homes totaled 106. This compares to 95 sold in February and 156 a year ago, according to Allen Reznick, president of the Conejo Valley Association of Realtors.

The median sales price for single-family homes in March was $814,285; last year it was $842,105. The median price is the point where half of the units were sold for more and half for less.

Median prices for single-family homes in March were: $625,000 for one 2-bedroom home, $664,473 for 25 3-bedroom homes and $883,333 for 80 4- or more bedroom homes. This compares to sales in March 2006 of $583,222 for four homes of up to two bedrooms, $671,874 for 44 3-bedroom homes and $959,677 for 108 4- or more bedroom homes.

Condominium sales totaled 66 in March compared to 36 in February 2007 and 74 for March 2006.

Total sales for all real estate transactions in March were $147.2 million; for March 2006 the total was $220.4 million.

New residential listings totaled 480 in March 2007 compared to 303 in March 2006 and 129 in February 2007.