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Business February 26, 2009  RSS feed

Home sales in Conejo Valley are still sluggish

January sales of Conejo Valley single-family homes totaled 52. This compares to 95 sold in December and 70 a year ago, according to Connie Reed, president of the Conejo Valley Association of Realtors.

The median sales price for single-family homes in January was $638,888; in the same month a year ago, it was $733,332.

The median price is the point where half of the units sold for more and half for less.

Total sales for all real estate transactions in January were $48.9 million. ForJanuary 2008, the total was $75.9 million.

New residential listings totaled 266inJanuary, compared to 374 in the same month the previous year, and 144 in December 2008.