FIRST-TIME BUYERS HELP MAINTAIN HOME SALES RALLY : JULY HOME SALES MAINTAIN SIX-MONTH RALLY.Byline: R.A. Hutchinson Daily News Staff Writer Buoyed by first-time buyers first-time buyer n → persona que compra su primera vivienda first-time buyer n → personne achetant une maison ou un appartement pour la première fois first-time buyer , home sales in the Conejo Valley The Conejo Valley is a region spanning both Southeastern Ventura County and Northwest Los Angeles County in Southern California, United States. It was discovered in 1542 by Spanish explorer Juan Rodriguez Cabrillo, and eventually became part of the Rancho El Conejo land grant by maintained a six-month sales rally in July. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report from the Conejo Valley Association of Realtors, single-family home sales totaled 270 for the month, compared with 188 sold in July 1995. The median price, however, fell 9.5 percent to $242,372. The median is the point where half the homes sell for more and half the homes sell for less. ``It's just been a wonderful market this year. It continues to be a very active market,'' said Chris McClintock Mc·Clin·tock , Barbara 1902-1992. American genetic botanist. She won a 1983 Nobel Prize for discovering that genes are mobile within the chromosomes of a plant cell. , president of the association. ``For sellers, that means there are plenty of buyers.'' Across the state, home sales for the second quarter were up 31.2 percent compared with the same period in 1995, according to the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Association of Realtors. The median price for the April-through-June period was $180,070, up 3 percent from $178,110 the year before. Despite the positive numbers, Realtor Realtor In the United States a designation used to describe a member of the National Association of Realtors (NAR). Notes: The term "realtor" is a registered trademark and encompasses agents, brokers and associates who are members of a real-estate firm associated with Barbara Simmons of Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. World Equity Center said the middle market for buyers is slowing. She blames this on a migration of homeowners out of the state, which leaves plenty of smaller homes on the market but few people to move into the mid-size houses. ``Sales are up in particular price ranges,'' Simmons said. ``My feeling is that too many people are moving out of the area. Retirees are finding California too expensive and are moving away - Nevada and Arizona are what I'm hearing from a lot of people.'' According to the Conejo Valley trade group, 16 homes of one or two bedrooms sold for a median price of $133,333 in July, compared with five and a median price of $150,000 in July 1995. Among three-bedroom homes, 89 sold for a median price of $200,892 compared with 60 that sold for a median of $203,124 the year before. Homes with four or more bedrooms sold for a median price of $294,165 for 165 houses, compared with $322,413 for the 123 sold in 1995. Year-to-date data are promising, McClintock said. For example, the total volume through July was $602 million this year, up from $528 million in the same period of 1994 and $452 million in 1993. Also, year-to-date sales figures sales figures npl → cifras fpl de ventas show 1,651 single-family detached homes A single-family detached home, or single-family home or detached house for short, also variously known as a single-detached dwelling or separate house sold so far, compared with 1,533 for the same period in 1994 and 1,252 in 1993. McClintock said 1995 numbers are not available because of a change in how statistics were kept. In condominium-home sales, there were 74 in July, up from the 50 in July 1995. Real estate transactions for the month totaled $90 million, up from $73 million in 1995 and $80 million in 1994. HOME SALES Sales of single-family homes in the Conejo Valley rose in July compared with the same month in 1995. The median price was down from the median a year ago. July 1995 July 1996 Home Sales 188 270 Condo Sales 50 74 Home Price $267,999 $242,372 CAPTION(S): Chart Chart: HOME SALES (see text) |
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